Bank complaints handling and ombudsman awards are to be overhauled in changes proposed by the Financial Services Authority.
The FSA said it was trying to drive up standards in how the industry handles complaints by requiring firms to identify a senior individual responsible for complaints, abolishing a ‘two-stage’ rule for processing complaints and underlining a requirement to do ‘root cause’ analysis.
The limit on awards made by the Financial Ombudsman Service in relation to complaints will also rise from £100,000 to £150,000 under the plans ‘to provide fairer and more effective redress for customers.’
The proposals were published as the FSA unveiled the collated complaints data for banks in the first half of 2010.
Read full post…
Overhauled
I’ve written previously how we enjoy garage sales and hunting for bargains. A crucial part of getting deals is knowing how to haggle or negotiate. It is a skill worth honing because in essence many financial transactions require some type of negotiation. Over the years we’ve haggled prices on cars, homes, and medical bills to name just a few. Right now on the American Express site “Currency“, I share some tips for saving money on your rent. Basically it comes down to this: The more skilled you are at haggling, the better you will fare at getting price reductions.
My husband grew up in a family of farmers and learned the basics early – never pay full price and always haggle. It seems
Read full post…
Better Deal, Deal
When you avoid expensive convenience items, you will save money. Here are some of the top convenience items that may be making you spend more than you have.
The nation’s housing sector is going through a rough patch – bad news for current homeowners but a potential opportunity for people looking to stop renting or relocate.Since the homebuyer tax credit expired in April, the housing market has been floundering. Sales of new and existing homes slumped after the credit expired – and with so many people out of work or fearing for their job security, demand for homes is proving soft.But there are opportunities to be had for motivated buyers.According to real-estate listings site Trulia.com, 26 percent of homes had their prices reduced in August. In some markets, price cuts were even more common: In Minneapolis, for example, 43 percent of houses on the market had their prices slashed.And mortgage rates are near all-time lows.
Read full post…
Home
Christian Community Credit Union is currently offering a $50 Interest Checking account bonus with a direct deposit.
You’ll get a $50 bonus when you sign up for a Christian Community Credit Union Interest Checking account and set up a direct deposit of payroll or retirement income.
Check out this $50 Christian Community Credit Union Bonus Offer to open an Interest Checking account today.
Interest Checking Account Promo Details
The $50 bonus offer applies when you set up a direct deposit of payroll or retirement income to your Interest Checking Account within 60 days of opening your account.
Once all promotional requirements are met, the $50 bonus will be deposited into your Interest Checking Account within 30 days of receipt of the first direct deposit.
The $50 bonus is available only on your first Interest Checking Account and will be paid only once.
The bonus is considered taxable income and will be reported to the IRS on your 1099-INT form.
There is no monthly fee for 1 year, and thereafter with a direct deposit or a $750 minimum, but the monthly fee is $7 otherwise.
Take advantage of this checking account bonus offer to earn a $50 cash reward from Christian Community Credit Union.
Check out these additional Bank Bonus Deals for more cash banking bonuses.
Sign up for your Christian Community Credit Union checking account today to earn a $50 bank bonus reward.
Account Bonus, Bonus, Checking Account, Checking Account Bonus
Growing your own food at home can be economically beneficial if you take the time and grow the proper foods in the proper manner. With our economy in the condition it is in, everyone is trying to save money any way they can. First you have to decide what you want to grow and then choose how you want to grow it. We have a small garden in our backyard. I don’t try to grow all our fruits and vegetables but I am able to grow a substantial amount of tomatoes, cucumbers, strawberries, and green beans. The kids help with the gardening chores and actually look forward to harvest time! I
Read full post…
Home, Own Food
Over the past few weeks we’ve gotten word of a number of phenomenal auto loan rates being offered through banks and credit unions in not only Las Vegas, Nevada, but the entire state. If you happen to reside in the state of Nevada (or even the general southwest) and are in the market for a new or used car loan you may want to check out the offers from the banking institutions below.
As we’ve mentioned before, there are substantial benefits to bringing your own financing to the table when purchasing a new or used vehicle. First, the dealership will have to treat you as a cash buyer. And
Read full post…
Auto Loan, Auto Loan Rates, Loan Rates, Nevada