Consortium spoke to 1,400 people who had been dealing with debt collectors over the last six months 24% tried to arrange payment over the phone 17% said they were not contacted previous to the bailiff knocking report finds bailiffs regularly…
172,919 incidents of identity fraud last year – the highest level since records began 25,000 victims of fraud were under 30, with the number of under-21s affected rising by a third Identity fraud makes up 53.3% of all fraud recorded…
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One third of UK adults have continued using uncompetitive products longer that necessary due to ignoring information they found confusing Londoners are most likely to ignore important financial information and lost money due to it (17% vs 13% UK average)…
It is estimated £1.5bn a year wasted on car insurance auto renewals Research reveals 5.25m motorists fall for auto renewal trap 23% of 18 – 24 year olds fall into the auto renewal trap, 41% of those had stayed with…
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Savings gap increasing 25% year on year Low income families have a meager £95 in savings, compared to £62,885 for high income families, savings gap now growing 25% annually UK families’ savings fall to their lowest levels in 18 months…
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Five million UK homes have experienced at least one boiler breakdown in the past year The average bill for a broken boiler was £270, totaling £787 million for homes who had no boiler insurance 52% of UK homes would turn…
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2016 was a record breaking year for County Court Judgments (CCJs), seeing a 20% rise in the second half of the year. In fact, the total value of debt judgments registered against consumers in England and Wales is around half…
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The latest Insolvency Statistics – October – December 2016 (Q4 2016) published by the Insolvency Service show Individual Voluntary Arrangements (IVAs) increased for the sixth successive quarter. There were a total of 49,745 IVAs in 2016, although it fell short of…
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