Avoid credit card debt from mortgage payments

Date: Friday, January 7th, 2011

Householders are being warned against using their credit cards to pay for rent and mortgages as housing charity Shelter have called it the ‘worst possible course of action,’ wanting those involved to focus on the importance of credit card

IVA – A break down

Date: Friday, January 7th, 2011

An IVA is an individual voluntary agreement and you can enter into this process if you have over £15,000 in debt across more than one provider. At Kensington Finance what we do is try to make the sometimes harsh…

Women in debt warning

Date: Friday, January 7th, 2011

Following a record breaking VAT hike and an already expensive festive period, it’s apparently women who are due to face the biggest bill by February. Experts have warned that in 2011 record numbers of females will fall into the trappings…

Consequences of VAT

Date: Friday, January 7th, 2011

The new VAT rise has been predicted to ‘cost households £520 a year’ according to price comparison site Kelkoo.

Jumping from 17.5% to an all-time high of 20% the increased cost of living is thought to seriously reign in consumer…

Alternatives to bankruptcy

Date: Wednesday, January 5th, 2011

At Kensington Finance we offer a range of financial solutions including helping you file for bankruptcy, however if this can be avoided it’s important to consider other available options.

An individual voluntary arrangement is the perfect alternative to bankruptcy as…

Bankruptcy, we can help

Date: Wednesday, January 5th, 2011

Bankruptcy figures are on the rise and most recently it’s been caused by one age group in particular – pensioners. Over the past decade bankruptcy has risen across all age groups however now it appears to be the aged who…

Protests erupt with rising rail fare

Date: Tuesday, January 4th, 2011

Protests will be erupting from the massive increase in rail fare tickets in the UK. The season ticket has risen by an average of 5.8% from Sunday- with some tickets hitting as high as 13%. Millions of commuters will be…

Credit cards: a balancing act

Date: Tuesday, January 4th, 2011

Following the extremely expensive festive period Santander believe that 2.8 million credit card users will aim to balance out their Christmas spending by transferring around £2.8bn onto new cards in 2011 in a bid to avoid high interest rates on…

Political clashes over VAT rise

Date: Tuesday, January 4th, 2011

The battle has commenced with Chancellor George Osborne and Labour leader Ed Miliband about the VAT increase from 17.5% to 20%.

Mr Miliband urged the government to apologise for suggesting the rate of rise would be a “progressive” policy. He…

Credit card companies relax

Date: Tuesday, January 4th, 2011

Credit card companies have announced that starting next month; they will act more lenient towards their customers, no longer suddenly introducing new interest rate increases forcing many to spiral into debt.

The movement, prompted by the governments lobbying to providers…