Over one million homeowners are increasing their credit card debt in order to pay their mortgages, a new survey has revealed. Conducted by Shelter, the study found this to have occurred in the last year and the charity observed that…
Continue reading the "Credit cards being used to pay for mortgages, survey shows" »
Britons are having to cut back on heating their homes during the continued cold snap so they can afford to pay their debts. This is according to new research from Shelter, which found that 27 per cent – or 11.3…
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Britons struggling with debt management issues may benefit from using a new financial calendar, which has been published by advice website Unbiased.co.uk. It can be downloaded for free from the portal and chief executive of the company Karen Barrett noted…
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UK adults currently going through divorce proceedings may be being forced to live with their soon-to-be former partners for fear of falling into debt as moving out proves unaffordable. Research conducted by Shelter found that almost 25 per cent of…
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Britons are focusing on settling their debts because saving rates are not particularly high at the moment. This is according to Ed Bowsher, head of consumer finance at lovemoney.com, who said that people believe such action will mean that they…
Those in debt may find their financial situations become more difficult to manage as it has emerged that petrol costs have risen above £5 a gallon for the first time in more than a year. AA representative Paul Watters noted…
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Children from poorer families – whose parents may be struggling with debt management issues – are not being offered the same government assistance given to young people in wealthier areas. This is according to figures from the Conservatives, which revealed…
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Personal debt statistics for the UK have been released by Credit Action, revealing that 133 per cent of average earnings for British adults is owed. It emerged that the total amount for the country had reached £1,459 billion by the…
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