Am I at risk from identity theft?
Over the last few years the threat of ID theft in the UK and around the world has increased dramatically with more and more people now on the radar of the fraudsters and scammers. However, the vast majority of people who may be at risk from identity theft are still unaware of problems which may await them in the future. So are you at risk of identity theft?
There is no doubt that the introduction of the Internet to many homes and businesses around the world has increased the potential market for identity theft. Each of us is just a click away from a potentially fraudulent e-mail or fraudulent contact via a website. We all need to be aware of the risks, retain control of our confidential information and ensure that we do not give information to unknown third parties.
Many of the scams appearing at the moment are financial offers and financial advice which are literally too good to be true. If you have not requested any financial advice or neither inquired about a financial product then why would you entertain anybody who cold calls you? There is no doubt that the fraudsters have taken advantage of the economic situation to maximise their potential victim base.
Faulty cashpoint payments could be theft
As hundreds of people queued at a cash machine in Stratford on Thursday to collect double their money, a number of legal experts have come out suggesting that those involved could well be charged with theft. At the time and money has never been tighter, many people in the Stretford area took advantage of this short-term glitch, which has now been rectified, to double their money and take some pres...Read More
Are The Banks Choking The Buy To Let Sector?
News that the number of mortgages approved in the buy to let sector fell by almost 20% in the first six months of 2008 has not gone down well with landlords around the country. During the good times the banks were literally falling over themselves to support the sector - with heavy asset backing available to cover loans - but now house prices are falling and some tenants are suffering we are seein...Read More
Banks 'not the bad guys'
Despite the fact that many people seem unhappy with their bank, complaining of extra fees and high charges on borrowing, the banks are really the good guys, the British Bankers Association (BBA) insists.Not only does the financial sector put enough money into the economy to build the equivalent of 36 new hospitals each year through corporation tax, but the top five corporate contributors to charit...Read More
Lloyds Bank to withdrawal interest payments on business current accounts
In a move which is sure to upset the UK business arena, Lloyds Bank has announced plans to withdraw interest payments on business current accounts, which is currently the norm at Bank of Scotland. While in reality Bank of Scotland business accounts have received zero interest for some time, due to the fact that the rate is set at two percentage points below base rates, businesses will miss out on...Read More
Brits consider banking at home
Almost half of Brits think that people will ditch banks and start stashing their cash at home, after the Northern Rock crisis.A survey conducted by Cornhill Direct found that 45 per cent of people thought consumers would leave banks behind and another 40 per cent said that they thought keeping money at home was a good idea.More than three-quarters of those questioned admitted to keeping money at h...Read More