The Council of Mortgage Lenders (CML) has told the leaders of the Conservative Party that public policy should be focussed more directly on helping homeowners who are struggling to meet their debt management commitments. Income support for mortgage interest was…
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Many thousands of consumers around the UK are effectively wasting their own savings cash by leaving their debts unpaid, new research has suggested. Figures compiled by Mintel on behalf of Moneysupermarket.com show that the majority of adults around the country…
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A range of advice has been issued by Callcredit with the aim of helping UK consumers avoid a debt management hangover in the early part of next year. The credit reference agency is keen to see shoppers around the country…
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The personal finances of millions of UK consumers are in an unhealthy state, according to a recent study by Abbey. A typical British adult is around 43 per cent “overweight” in terms of their money-related fitness, Abbey’s research team concluded…
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Britons are putting their money into savings accounts rather than paying off their unsecured loan, overdraft or credit card debt, it has emerged. Research from financial services comparison firm moneyspermarket.com reveals that 66 per cent of people with debts incurring…
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The reduction of the basic rate of interest by the Bank of England last week could help individuals who are in debt, it has been claimed. National Debtline, a telephone advice service for those requiring help with their debt management…
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The debt on store cards held by British consumers has now reached a total balance of £2.17 billion, it has emerged. Recently-published research from financial services comparison firm uSwitch.com reveals that this debt is spread over 13.6 million accounts, with…
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Parents in the UK have been advised to start the financial planning for their child’s education as early as possible in order to avoid falling into debt as a result of university studies. Mutual society LV has reported that the…
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