UK Credit Cards

I always use the free month cards, but I want to start using my credit card instead. Can it cause any problems?

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I own a few credit card company stocks and recently read that people are choosing to remain current on credit card payments above remaining current on their mortgage responsibilities. This got me to thinking…what exactly makes credit card companies more profitable? Would they rather see their customers paying responsibly, or would they rather have late payments so they can rack up fee income?

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my husband owes student loans that recently went to collections. We plan on resolving the issue asap, but times are hard. Will my federal income tax return be withheld because of this, or will my state return be taken? or both? We have a son, a dependent, so our return is significant, and very much needed. Any input would be great.. either way, im just wondering if i should expect no return this year or not.
thanks! i didnt know about that number, no debts.. better file fast! lol

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If you have to pay back federal student loans, can you get a child support modification. For those of you who think I am trying to avoid child support, that is not true. Since both are federal mandate payments(meaning you can not file bankruptcy to get rid of them, than it should be included into the guideline). Also getting educated not only benefits myself, but the child too. Because if I am able to get a better paying job, it will help increase the child standard of living too.

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hi, i am doing a research on surging oil prices in the Uk. For the research i need to gather information on —-
1.What is the cause of surging of oil price?
2.Is it the one of the causes of inflation?
3.How is it affecting the UK economy?
4.How does it affect the UK particular industries (air, transport,
5.Who are the main victims of inflation?
6.What are we doing to avoid this inflation effect our work?
7.What is the government doing to avoid inflation?
please let me your views.
views from the consumer groups, forums are most welcome.

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If the hope that a weaker pound would provide a boost to UK exports, to date there are very few signs around that this will be the case for the near future.

In truth since the dramatic decrease in the value of Sterling on the global financial stage, the UKâ??s trade deficit seems to widening. Figures show that the import/export ratios, with the possible exclusion of oil have fallen to their lowest level for a year. The difference being that in December of 2007, the reason being that then the pound was considerably stronger than it is today.

Taking into account the fact that it can take some time for adjustments in trade to filter through their system, and there is evidence around that a massive stock reduction is taking place around Europe and the World, there is a shrinking feeling among UK exporters that Sterlingâ??s plunging value is not a significantly positive factor in producing sales, for the simple reason that there are so few buyers around.

There is also no escaping the reality that a worldwide shortage of credit is having a major constricting effect in confidence to hold stock or any kind.

The weak pound means that the cost of importing raw materials has risen sharply as the Pound falls in value. All in all this represent a bleak picture for UK businesses for 2009, with little signs for optimism.

One little glimmer of light expected to be announced today aimed towards small (and getting smaller) businesses trying their best to keep their heads above water in todayâ??s shark infested financial sea, is a plan to guarantee up to £20bn of loans earmarked specifically towards these businesses.

The specific purpose of these loans is to help banks to grant loan to small businesses to ease and increase their credit lines, which will in turn increase their ability to grant credit to their customers. Lord Mandelson, UK business secretary is expected to make the announcement on Wednesday 14th January. Opposition leaders, in anticipation of the announcement, are skeptical of Mandelsonâ??s efforts to â??kick startâ? UK business initiatives, and insist that £50bn should have been the minimum figure to allow the initiative to have any effect.

The £20bn is to be partly financed through a Working Capital Scheme that has been designed to provide banks the ability to be more forthcoming with small business loans, through virtually underwriting them.

This article was written by eCommerce Associates for Bank — Accounts and our Finance Blog

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With the news last week that the UK Economy contracted by 0.4%, why did the pound to lose value even though the FTSE increased on the news?

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I need to be able to explain to 15 year olds. After banks gave bad loans, what happened to the loans? Why did this mean everyone suffered? I honestly have no idea where to start, and I can’t find anything I can understand on the internet.

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