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January 2008

Date Title
 
29/01/08     KERCHING! CREDIT CARD PROVIDERS PLACE WINNING WAGER ON ONLINE GAMBLERS – CASH ADVANCE RATE AND FEES APPLIED TO BETS

  • Interest rate loading on credit card gambling transactions
  • Interest charged from day 1 – no interest free period
  • Gambling set to rise with the coming of the casino to UK cities
 ONLINE gamblers could risk losing more than their stake if they use a credit card to fund their flutters, warns Moneynet.co.uk.

Press Release 29 January 2008
21/01/08     HOMEOWNERS RISK PROPERTY WITH MORTGAGE LENDER’S UNSECURED LOANS – CHECK FOR ‘ALL MONIES CHARGE’ BEFORE SIGNING, WARNS MONEYNET.CO.UK

  • Little known ‘All Monies Charge’ locks mortgage to further borrowing
  • Read small print before agreeing to additional unsecured loan or overdraft with mortgage lender
  • Ask lender to remove clause – or look elsewhere for funds
 A LITTLE known clause in some major lenders’ mortgage agreements could lead to homeowners losing their property should they default on any additional borrowing, warns personal finance data comparison site Moneynet.co.uk.

Press Release 21 January 2008


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Press enquiries

Richard Brown, Chief Executive: 0208 313 9030

David Andrews/Cathy Tully, David Andrews Media Ltd: 07941 255855 / 01273 774109 / 07747196854

Consumer enquiries: 0208 460 2833 / www.moneynet.co.uk

Moneynet.co.uk is the UK's longest established online personal finance research and data analyst company. The company offers consumers a choice of thousands of low cost financial services products. From mortgages, personal loans to motor, home and medical insurance, credit cards, savings accounts and best buy fixed rate products, Moneynet is one of the most comprehensive online services of its kind in the UK. Founded by chief executive Richard Brown, the Moneynet brand is destined to become one of the UK's major players in consumer finance products.

A DAVID ANDREWS MEDIA LTD
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