Borrowers appear to be more attracted to tracker rates for mortgage loans, as research has revealed a 17 per cent increase in the take up of these compared to the last quarter. Figures from Legal & General have indicated that…
Those with debt problems may find that contacting the Department for Business, Innovation and Skills (BIS) could help. This is the opinion of the head of the National Audit Office (NAO), Amyas Morse, who noted that the organisation’s scheme providing…
The fear of falling into debt may be contributing to the fact that people have been turning down their heating during the colder weather, with research showing a five per cent year-on-year drop in gas consumption. This is according to…
Continue reading the "Debt fears leading to energy rationing?" »
Self-employed workers in the UK may be experiencing greater debt and financial difficulties, as a charity has witnessed a climb in calls from such people. The Consumer Credit Counselling Service recorded a 78 per cent increase in those phoning in…
Continue reading the "Self-employed experiencing debt issues?" »
UK households have been warned that bigger energy bills could be a reality in the next ten years, suggesting that those experiencing debt problems now may see their difficulties worsen over time. According to Ofgem, Britons could experience a 25…
Continue reading the "Energy bills to rise over the decade, Brits warned" »
Those experiencing debt problems or other financial concerns may find the launch of a new helpline useful. Introduced by consumer watchdog Which?, the scheme provides those who ring in with product comparison tables, an advisory service and further guides regarding…
The number of people experiencing feelings of depression as a result of the economic downturn has been described as a “complex problem” by the chairman of a debt charity. Malcolm Hurlston of the Consumer Credit Counselling Service (CCCS) made this…
Continue reading the "CCCS: Recession depression is concerning" »
Potential debt problems may arise this year, as record energy bills for the winter period are expected. This is according to moneysupermarket.com, which has found that invoices received have risen 20 per cent year on year and, since 2003, annual…
Continue reading the "Record winter energy bills expected" »
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