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Archive for March, 2008

Mortgage arrears and repossession seems to be at it highest in the last 10 years.
Citizens Advice reports show that home owners in England and Wales saw mortgage arrears rise by 35% in the first two months of 2008 compared to 2007. With the increase in living costs such as Gas, Electric, food, borrowers are [...]

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British Banks have been applauded today for holding out well against the credit crunch.Banks have survived largely by being highly selective as to which customers to take on and by making sure their assets have more liquidity.
Banks are recommending that potential customers have a good credit record. Those with stains on their credit history are [...]

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