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In focus: Banks get tough

Banks are repossessing more quickly and for less (Image © Chris Ison/PA Wire)

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Market data

Dow
8,424.75
+151.17
FTSE 100
4,208.55
+76.39
£ / $
1.50
0.00
£ / €
1.18
0.00
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Optional extras not worth paying for and some that are
Figures show lettings market growth
Mortgage rate hikes hit new buyers
Virgin and easyJet in 'Gatwick bid'
How bad will it get?
  1. Optional extras not worth paying for and some that are
  2. Home sellers slashing prices
  3. Brown preparing big tax giveaway
  4. Citigroup to slash 52,000 jobs
  5. Has the US wasted $700 billion?
  1. More house price falls to come
  2. Don't take people at cyber-face value
  3. 10 bad financial habits you really ought to break
  4. Banks get tough with borrowers
  5. Tesco: too big to be good?
  1. Lehman collapses after Paulson's decision

Money poll

  1. Do you think that banks are being sympathetic enough to people who default on payments?

Vote to see results

Click here to see results without voting

  1. Do you think that banks are being sympathetic enough to people who default on payments?
    1. Yes: banks have a right to collect their money back from people who don’t pay their bills
      28%
    2. No: in this financial climate, banks should be obligated to send customers to collections as a last resort only
      41%
    3. It depends: if the bank is getting government money, they should never repossess a home
      28%
    4. I’m not sure
      3%
1024 responses, not scientifically valid, results updated every minute.

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