In the three months to September last year, the average UK household saved 8.6% of its income, the highest level for any quarter in 10 years. However, a recent survey by Nationwide found that consumer saving was down in December 2009.

When it’s time to buy a new car, you have the choice of deciding whether to go for a brand new model or buying a used one. Some people might want the delight of buying a brand new shiny and unused car. But there are lots of advantages of opting for used vehicles Portland instead.

There was a time when you had to go out and about to start looking for a replacement auto Portland. Regardless of whether you wanted a new or used car you would have to go out to the dealers and see what was available. This could take up a whole day – maybe even more if you didn’t find what you wanted fairly quickly.

It's well known that 2009 was a tough year. After booming credit markets in the noughties, matched with spiraling personal debt and a heavy reliance on the financial sector, things came to a head with the Credit Crunch. While the signs of slowdown had been there for some time, 2009 was the year when recession came back to roost.

Being in debt can be demoralising, stressful and alienating ? but if youre in financial straits then dont despair. There are plenty of strategies for getting yourself out of the red and turning over a new, debt-free sheet.

When you apply for a loan, the lender makes the decision on whether to lend you the money or not based on the information that they have about you. Here is a guide to the type of information about you that any lender will have access to.

Most people have some form of debt. Some of it is pretty unavoidable such as a mortgage or student loan. However, like other developed nations, our dependence upon credit cards and unsecured loans reached dangerous levels in 2008 when the financial crisis first began with sub-prime mortgage lending in the US.

If you find yourself in deep financial trouble, then the Individual Voluntary Arrangement procedure is one that you should be looking at. Basically, it is a way to reduce your debt burden without declaring bankrupt.

If you have a two or more credit card accounts, it can be easy for the debt to spiral out of control. While the individual minimum payments might not seem too large, when considered together they can add up to quite a large sum of money.

If you are unable to pay your debts, then bankruptcy is one of the options that have to be looked into as a way of solving the problem. If you are declared bankrupt for the first time, then you can expect the duration of the bankruptcy to be a year or less.