The Association of British Credit Unions (Abcul) has warned UK consumers that they should plan ahead to avoid the increasingly common new year debt management hangover. According to the organisation, setting aside small proportions of a monthly income earlier in…
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British consumer who decide to do their Christmas shopping in the week before the big day are prone to overspending, it has been suggested. Donald MacLeod from Sainsbury’s Bank has made clear that shopping at the last minute often entails…
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British consumers have been urged to find a debt solution as soon as they can after the Christmas period is over. Millions of people borrow money to finance their festive expenditure and Susan Hammuns from the financial advisory firm AWD…
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Credit card users in the UK need to seek out the best deals available to them before entering into a particular lending agreement, one expert has asserted. Robin Amlot, senior editor at the Money Extra financial news firm, insists that…
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Generous Britons should ensure that they are not risking their own financial security by lending money to their friends and family, it has been suggested. Cristina Hoole, a spokesperson for PayPal, insists that while asking friends and family for debts…
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Last minute Christmas shoppers around the UK are likely to accumulate around £2 billion worth of credit card debt this year, according to recent research. Figures from Sainsbury’s Bank show that more money will be spent during the final week…
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The rate of borrowing among UK consumers doubled during the third quarter of this year, according to figures from Unbiased.co.uk. Data form the financial comparison service shows that British consumers borrowed around 35 pence for every pound they saved during…
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The overall amount of money owed by UK consumers to their friends and family members is now worth a collective total of around £26 billion, according to a recent study. Data compiled by PayPal reveals that almost half of the…
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