Banks have been derided for their role in the economic crisis in a new survey that has revealed that, rather than creating jobs for people, they increased public debt and heightened unemployment levels. This is according to a study by…
Continue reading the "Indebted Britons hurt by banks, survey shows" »
Britons are struggling to be accepted for loans, as new research has revealed a big difference between supply and demand. Moneysupermarket.com found through analysis of official figures from the British Bankers’ Association that, while monthly lending fell 28 per cent…
Continue reading the "Borrowers finding it hard to get loans, study shows" »
The majority of those with credit card debts would be shocked at how lenders pay off the amount owed, new research has revealed. Findings from a study conducted by Nationwide indicated that 56 per cent of people would be angry…
Continue reading the "Credit card debt repayment methods ‘shocking’" »
Britain’s middle classes are the ones who will be most affected by the Pre-Budget Report (PBR), it has been suggested. Martin Bamford, personal finance writer and chartered financial planner at Informed Choice – a family-owned and managed financial planning firm…
Continue reading the "Middle England ‘to suffer’ because of PBR" »
Adults in the UK may be missing out on the chance to educate their children about money management and debt this Christmas, it has been suggested. According to uSwitch.com, although 56 per cent of people will be buying fewer presents,…
Continue reading the "Debt education for kids this Christmas?" »
The number of fixed-rate reductions being seen in the mortgage market has been described as a “welcome Christmas present” for potential borrowers. Drew Wotherspoon, director of communications with John Charcol, noted that for those who have been waiting for such…
Continue reading the "Debtors helped by fixed-rate mortgages" »
Britons are reducing the risk of falling into debt as a result of Christmas by considering making their own presents for their friends and family, it has been revealed. According to Principality, 54 per cent are happy to give something…
Continue reading the "Debtors opting for DIY presents this Christmas?" »
Britons have been warned to take extra precautions during the colder months to prevent their pipes from bursting, as new research has revealed that the majority of people are not worried about this happening. According to Axa, the average claim…
Continue reading the "Debt worries heightened by cold weather?" »