Banking

The Basic How-Tos of Bridging Loans

Given the current state of the economy, an increasing number of people find themselves in the position where they need money and they need it fast. The reasons for arriving into such as situation are as diverse as there are people in the world. Perhaps you need to cover an unexpected expense such as, say, a memorable family event (in a more fortunate scenario), or a surprise medical bill (in a situation tha ...

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Bank charges – Know your rights

Bank and Credit card charges have been heavily publicised in the media rover the past few years as people fight back against unfairly imposed and extremely high charges. It is common practice for many banks to imposed a fine of £40 for unauthorised overdrafts, bounced cheques or failed direct debits, even when the shortfall figure in question is as little as £1. The bank’s reasoning – admin fees. This spurr ...

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Guide to Banking – The Basics

In today’s society you can do almost everything online. With the phasing out of cheques in the UK by 2018 and extensive services offered by every bank, understanding which payment method to use can sometimes be quite confusing. This article provides an explanation of what the most common payment methods that banks provide actually are. BACS & FASTER PAYMENTS BACS is a free service by which a person can ...

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