The number of people in debt to fuel suppliers has risen in the first two quarters of 2009, compared to the same time last year, Citizens Advice has said. This, the organisation noted, is the continuation of a trend that…
Those experiencing debt management problems have been advised by an industry expert to rethink their spending in order to help prevent falling into uncontrolled debt. In an article for the Daily Telegraph, Martin Lewis of Moneysupermarket.com observed that the UK…
Consumer watchdog Which? has responded to the recently-announced decision by the Financial Services Authority (FSA) to more strongly regulate the mortgage market so as to improve services for debtors, saying that “tougher measures” would be welcomed. Peter Vicary-Smith, chief executive…
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Debt management problems are affecting people’s ability to work, the results of a new survey have revealed. Findings from talkaboutdebt.co.uk’s study indicated that 29 per cent of those in serious debt have taken a leave of absence of up to…
Students concerned about mounting debt levels can consult a money doctor, of which there are many in over 70 universities across the UK, in order to help them limit their spending and stick to a budget. The Financial Services Authority…
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Borrowers in the UK are to benefit from proposed revisions to the mortgage market by the Financial Services Authority (FSA), which will see affordability tests imposed on all mortgages to make lenders responsible for verifying an individual’s ability to pay.…
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Brits have been advised to turn to the internet to handle financial payments during the upcoming postal strikes so as to avoid incurring fees – a recommendation that could prove particularly useful to people struggling with debt management. Chief executive…
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Those entering into retirement – and those already there – ought to contemplate taking up work during their twilight years, an industry expert has suggested, as a way of boosting their incomes and perhaps prevent them falling into debt. Andrew…
Continue reading the "Elderly people ‘should consider working in retirement’" »
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