Articles & News About Your Credit

Parents Are Still 'Future-proofing' Child Funds Despite Credit Crunch; Family Investments Sees Biggest Peak in CTF Top-Ups Since Launch

Brighton, East Sussex (PRWEB) September 3, 2008 -- Family Investments figures show that the number of people regularly topping up their child trust fund (http://www.familyinvestments.co.uk) has risen by 43% over the last 3 years. 37% of Family Investments CTF's (http://www.familyinvestments.co.uk/ctfwhychoose.aspx) now have a monthly direct debit compared to 25% back in May 2005 when the scheme had just launched.

What's more, despite purse strings tightening in the current economic climate, nearly a third of parents (27%) now feel they would be willing to put aside up to £50 a month, which if put towards their child's future could amount to enough to place a 10% house deposit at age18.

Whilst this was the general feeling across 17 major cities across the UK, saving for short term expenditures came as a priority over saving for the future for well over a third of parents in Newcastle (37%), Norwich (37%) and Sheffield (35%). Norwich was also the region with the highest number of people (32%) who do not put aside any savings at all on a monthly basis in comparison to Edinburgh where two thirds of the population (75%) put aside money every month.

For those who are saving more for short term expenditures, the general feeling is that parents find it difficult to juggle between saving for their children's future and giving them things now.

Kate Baker, group marketing manager of Family Investment (http://www.familyinvestments.co.uk) said: 'In our experience, there is a strong parental desire to save for their children's future. This is not necessarily driven by rational end goals, such as university costs or house deposits. Saving for children is actually driven by a sense of parental obligation. It is about being a good parent and driven by a desire to give your kids the same or more opportunities that they had as children. That means that, when things are tight as they currently are, children's savings are sacrosanct and will be the last thing to be cut, while parents might be more willing to sacrifice their own savings.'

With this in mind, this week Family Investments has enhanced the online experience for its customers by launching a new internet account management service, Online Wizard, making it simpler for parents to manage their child's CTF account. Family Investments is the first CTF provider to offer this service, which allows parents to manage many aspects of their child's CTF online.

Family Investments commissioned Tickbox.net to survey 2437 UK parents, aged 16 and above March 2008

Top-up findings are based on Family Investments own data September 2002- May 2008

About Family Investments

Family Investments is the trading name of Family Assurance Friendly Society - one of the UK's largest Friendly Societies with in excess of £1.7bn funds under management and over 1m policies

Family Investments is the market leading Child Trust Fund provider with our Child Trust Fund account available in approximately 18,000 high street locations - four times greater than any other provider. Family's partnerships include the Post Office, Barclays, Sainsbury's Bank, Bounty, Coventry Building Society, Bradford & Bingley, Clydesdale Bank, Northern Bank, Yorkshire Bank, Nectar and Early Learning Centre

Family Investments is authorised and regulated by the Financial Services Authority

###

Other Article Sites

findabook.com  moneycd.info  a-mortgage.info   about-lemon-laws.info  aboutstudentloans.info
all-about-publishing.info  auctions-articles.info  bestcollege-university.com  bestispconnection.com
biblefolder.com  blogger-website.com  books-used.info  brokers-guide.info  buywindows.info  cable-dsl.info
career-miner.com  carpel-tunnel.info  cashinaflash.info  cashloanreviews.info  casinobell.com  chat-house.info
clearmycredit.info  collegeloantips.info  crones.info  depression-articles.info   dirnic.net  dishguides.info
divers-below.com  expodog.info   financewizz.com  fire-insurance.info  getgood.info  handleit.net   it-idea.info
health-supplies.info  hosting-right.com  insidealert.com  insurance-facts.info  jobs-employment.info
justgood.info  lookgold.net   lowcost-travel.info  money-source.info  myhostzone.info  numisblog.com
peoplesearchfinder.info  pr-articles.info  realeas.com   refinancing-guides.info  spyware-remove.info
telelot.info  the-law.info   toppaid.info  travel-deals.info  travelcorrect.com  wedding-guide-site.com
your-blog.info  your-credit.info

Credit Cards For Bad Credit Can Help Rebuild Credit
Despite all the publicity to the contrary, there are credit cards for bad credit holders and people are willing to pay a lot of money to get themselves more credit. Very few people with bad credit planned for it to happen, but illness or joblessness can quickly take a financial toll on them, leaving them choosing between eating, having a place to live and paying some of the bills.

Good For Worst: Credit Cards For People With Bad Credit
A credit card can offer advantages that ready cash will usually not. With robbery rife, a credit card can keep you from carrying large and dangerous amounts of cash. You also do not have to worry about looking for an ATM if you suddenly run out of money, provided that the merchant you want to purchase products and services from has a credit card machine.

Credit Cards For People With Bad Credit, Poor Credit Or Poor Credit Score
Bad Credit is a term used to describe someone who is considered a "high risk" to lenders and other finance companies such as factors.

Compare Bad Credit Credit Card Offers: Credit-Card-Surplus.com Adds 2 New Bad Credit Credit Cards, Offering Consumers a Complete List of Bad Credit Of
www.Credit-Card-Surplus.com announces the addition of two new bad credit credit cards to its website, creating more options for those who have less than perfect credit. Consumers that have filed for bankruptcy or have a low credit score qualify for bad credit credit cards. When used properly, these cards enable customers to rebuild their credit and improve their standings among lenders. With the addition of the Total Visa® Card, and the Access Visa® Card, www.Credit-Card-Surplus.com provides a total of 13 bad credit cards for consumers to compare.

Credit Repair: Repair Bad Credit Card Debt Yourself
Credit repair and eliminating your credit card debt does not mean that you have to hire an expensive credit repair service. In fact, if you want to fix your credit you can do it yourself for free. I cannot promise that it will be easy but despite the glib promises made by professional services those are not easy either.

Credit Card Offers For People With Bad Credit History: A Chance For Rebuilding Your Credit
It is a fact that credit cards are one of the most important tools in today's society. With it, you will be able to purchase the things you need even if you still don?t have the cash for it. The way this works is that the credit card company will let you borrow the cash for the purchase. You will then pay it back monthly with an interest if not paid fully. Just make sure that you pay it back on time and also with the minimum payment required every month in order to avoid outstanding credit card debt that can accumulate a lot of interest.

Bad Credit Affects Credit Card Applications
It is a very well-known practice that before actually doing business with any particular person, you must have considerable knowledge about his/her credit history. This is usually done to balance or minimize the risk involved with such transaction.

Bad Credit Credit Cards - Credit Website
Bad credit credit cards website specifically designed for those with bad credit. With bad credit credit cards, those with poor credit have the opportunity to turn their credit around.

Instant Bad Credit Loans - Loans for People with Bad Credit Score
Everyone ruins his or her credit score at some point of time or other. Not that they simply want to ruin it, the circumstances or lack of experience leads to bad credit score. Consider a student who just got his credit card. He will use it to the maximum in the excitement without even giving a though to the repayment, thereby getting a bad credit score. A bad credit score later becomes a hindrance to avail loans. One method to improve your credit score is to take instant bad credit loans.

Applying For Credit Card With A Bad Credit Rating
Have you found yourself in a downward spiral trying to get caught up on bills, yet only finding your debt climbing higher and higher? Unfortunately, that is a reality for many people in society today. The amount of debt per family in the United States is at an all time high. This type of spending behavior and financial planning will lead you to have bad credit. That will only add to your cycle, as you will find your interest rates for major purchases and credit cards with climb as your credit rating falls. Thus, you will struggle more and more financially.

Fairinvestment.co.uk Reports Prepaid Credit Cards no Longer Just for Bad Credit Histories
Fairinvestment.co.uk reports prepaid credit card market expected to rise £4.5billion by 2010 in light of the UK credit crunch.

Bad Credit Mortgage Loans Online - How Your FICO Credit Score Can Affect Your Loan Approval
When applying for a mortgage loan when you have a bad credit history. There are a few things you should know about your FICO score that will help you know what to expect from mortgage lenders.

Apply Online For A Credit Card - Instant Online Credit Card Application
The Internet has changed the lives of many of us in lots of different ways and we can now do our shopping, book flights, download music, software and ebooks, and even apply online for a credit card. Making an instant online credit card application is quick and efficient and comparison charts make it simple to find a low interest rate credit card, or the best credit card deal to suit your personal needs.

Apply For A Credit Card Online Even If You Have Bad Credit
It is undeniable that we need credit cards. There have been some debates about this "need" but with the majority of American people possessing a credit card or two maintaining a permanent residence in their wallets, it seems that the "need" side is winning.