The rates at which British consumers opt to enter bankruptcy as a form of debt solution will increase considerably over the course of this year, it has been suggested. In fact, the Consumer Credit Counselling Service (CCCS) is convinced that…
The total increase in credit card debt accumulated by UK consumers during November of last year was £300 million more than the same figure for the previous month, it has been revealed. December tends to be a particularly busy month…
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Many British consumers are resigned to the idea that any financial advice they receive will not be of the highest quality, according to a recent report. Research by the Financial Services Consumer Panel suggested that there is a good deal…
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Insolvency rates across the UK will soar during the early part of this year, according to the latest predictions from accountancy firm Grant Thornton. The company’s personal insolvency practice is convinced that a total of around 110,000 Britons will be…
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The Bank of England has indicated that there is likely to be less money being lent by financial service firms over the course of the next few months than has been the case in recent years. As millions of people…
Young British consumers could be heading for serious debt management problems given their current “credit hungry” attitude, it has been suggested. A recent study by Checkmyfile has found that Britons aged between 22 and 34 are among the least likely…
A new service has been launched by the Capital One credit card company with the aim of tacking the issue of identity theft, it has been announced. Identity theft can often cause consumers to face added credit card debt problems…
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Close to one in four of the UK’s adult population has debts that are considered to be unmanageable, according to figures recently compiled on behalf of uSwitch.com. The financial comparison firm claims that there are now almost ten million people…
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