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stephenmorgan's Articles in Finance

  • FSBO (For Sale By Owner) Is This The Future For Real Estate?
    The Worlds Financial markets are in a mess whether we choose to admit or not. The Dow Jones Index resembles a white knuckle ride at a fair ground at the moment and in London the FTSE 100 is faring no better. This all arose largely because of the problems arising from the US Sub Prime Lending Market. What is the future for the US real estate market and how can the more efficient selling of homes affect this market place?

    The so called “sub prime credit crunch” that hit the USA earlier this year and as a result, cut a swathe through to the rest of the world's economy almost resulting in the first run on a UK bank over a hundred years threw up many “interesting” phenomena.
  • Overdue Refunds Now Provided by Banks
    In the UK, Banks have been ordered by the financial watchdog, the Financial Services Agency (FSA) to refund Mortgage Exit Fees to clients they have overcharged when they redeemed a Mortgage. This is of major significance to those involved within the areas of Debt Management, Debt Settlement and Bankruptcy in general as these figures could be quite substantial overall.
  • Getting the Estimates Just Right
    There used to be an anecdote doing the rounds in the construction industry about the various types of engineering. The story went along the lines as follows.
  • Comparing 3 of Today’s Small Hot Hatchbacks
    There used to be an anecdote doing the rounds in the construction industry about the various types of engineering. The story went along the lines as follows.
  • Property Investment - Does it still Work?
    There’s nothing quite as safe as houses – or so they say, but in this climate of the various stock exchanges going up and down is this totally true? Sure, the news about surging housing prices and rising interest rates is never out of the news.

    Loads of Home and Property programmes swamp our daytime (and our night time) viewing on the TV schedules and where does this all lead us?
  • The Hidden Cost of Bankruptcy
    Bankruptcy is a contentious word for a whole number of reasons. Firstly it relates to a situation whereby a Debtor not being able to satisfy or compound to his Creditors a suitable amount has to turn to the Courts for protection and at the end of the day everyone loses out. Let me repeat that - no one is a winner here.
  • The Connection between High Blood Pressure and Salt
    We are a society of Salt Addicts. It cannot be denied. When you look at the things we do and the places we hang out then the occurrence of Salt is almost the constant factor.
    How many times have you said to your friends and work colleagues that such and such a place is great to hang out in after to work, to relax etc?
  • Abuse of Bank Charges, is this Legalised Robbery?
    I have a client who at this time of year has financial problems. There is nothing new in that, if the truth be told, the majority of us are all slightly short at this time of year. Christmas after all is the one time of the year where the majority of us are driven to heights of financial excess that very few of us can afford and the more than a few of us find difficult to get out of.
  • A Couple of Ways to Get the Best from Your Credit Cards This Christmas
    A couple of basic ways to help you stretch that already limited budget this Christmas without leaving you with financial indigestion after the Festive Season is over.
  • Beware Credit Card Thieves on the Horizon!
    No this is not a seasonal warning about thieves and pick-pockets (well certainly not the usual variety) but rather a heads up about the annual onslaught of direct mail from those glorious companies who have our welfare dearest to their hearts, the Worlds Credit Card Companies!
  • The Real State of the Economy – Good or bad?
    There is something about the US Economy at the moment that I for one don’t get. Now it may be that being a brit, I am a little slow on the uptake; this has been known to happen every now and then but at the moment I cannot fathom several things out.
  • Debt consolidation is considered as an easy way to handle debts.
    Hmmnnn...., this old gag rears it’s ugly head on a regular basis. The truth of the situation (and here speaks someone who has gone through the mill on this one, come out the other side minus most of his shirt but still alive and kicking) is that this is only partly true.
  • Rationalising the Stigma of Bankruptcy Part 1
    In the first of a series of articles, Stephen Morgan tries to wrestle with the oft misunderstood lending criteria that Modern Day Financial Institutions use to help fuel their financial expansion and growth but at what expense?

    Hardly a month seems to go by when the Media isn’t reporting some incidence of the suicide or attempted suicide of some individual who has taken the unfortunate decision that death seems preferable to having to come to terms with dealing with steadily amassing debts.
  • The Culture of Debt amongst Young People
    It’s amazing when you consider the above statement and try and get a grasp on the two concepts of Young People and Debt?

    Back in my day being at College or University was all about racing around and being passionate about either Politics, Music, Alcohol and whatever else (or in most cases whoever else) you were passionate about.
  • Debt Consolidation: From Generation X to Generation Broke
    “Never in the field of Human Endeavour has so much been owed by so many” - apologies to the late Sir Winston Churchill.

    OK folks it’s another bout of Heads Up time again! I have just finished reading an extremely frightening report that even if only partly true should actually go a long way to frighten the pants off most free thinking level headed individuals.
  • Credit Debt Consolidation – Are we all sitting on a time bomb waiting to explode?
    OK listen up folks, do you have a mountain of debt on your credit cards that would probably put a third world developing nation to shame?

    Suddenly does it seem to you and you alone that there is nothing in the classifieds but advertisements from Companies all promising competitive rates on Credit Debt Consolidation?


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