Homeowners around the UK are feeling the strain of their debt management difficulties and are struggling to meet mortgage repayment demands, it has been suggested. According to MoneyExpert.com, almost half a million mortgage repayment demands have been missed over the…
Rises in the cost of energy supplies that are being introduced across the UK will cause financial difficulties for many British consumers, according to Moneyfacts.co.uk. With millions of people already struggling to become debt free, the price comparison firm suggests…
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UK adults are becoming increasingly less active in the financial markets, affected by the pressure from the recent credit crunch and a slow growth in disposal income, it has been suggested. Financial research firm JGFR found in its 24th UK…
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As the new year gets underway and people receive their final bills of 2007, many will have trouble coping with the cost of Christmas spending, says Myvesta UK. A spokesperson from the non-profit organisation advises those struggling with holiday debt…
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Lending standards employed by banks in Europe became tighter towards the end of last year, it has been reported. A survey by the European Central Bank (ECB) found a “sharp tightening” in the last quarter of 2008, Thomson Financial reports.…
Children should be given information about debt management and other personal finance issues as part of their education, it has been suggested. The majority of parents believe financial education is more important than learning about geography, music and religious studies,…
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Today’s young people are living in a different and more pressurised financial environment than their parents, it has been claimed. Damian Barr, author of Get It Together: A Guide to Surviving Your Quarter-Life Crisis, has told Press Association student debt…
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The number of people seeking debt advice has risen dramatically in recent weeks, according to new reports. Insolvency advisers have seen a boost in inquiries of more than 60 per cent in the last month as householders confront the reality…
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