For millions of consumers across the UK dealing with debt management will be an issue for the new year and not for the festive season, it has been claimed. A study conducted recently by Mintel concludes that the desire to…
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A cut in the base rate of interest, which could help many people dealing with debt management difficulties, appears likely over the coming months, but the timing of the reduction is not easy to predict, one expert has made clear.…
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Debt management problems have been made worse for close to one in four borrowers in the UK over the course of the past three months, it has been revealed. Figures compiled on behalf of MoneyExpert.com show that debt problems are…
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Home loans are likely to become more expensive over the course of the next few months, according to the Council of Mortgage Lenders (CML). Financial markets in the UK and around the world have been pressurised in recent months and…
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Household finances are being squeezed across the UK, but retailers are still expecting to see significant spending over the course of the next few weeks, according to one expert. Richard Dodd, head of media at the British Retail Consortium, suggests…
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The Consumer Credit Counselling Service (CCCS) is expecting to see many thousands of Britons seek out debt advice in the new year as a result of overspending during December. James Ketchell, a spokesperson for the CCCS, has made clear that…
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Thousands of Farepak customers, who were left out of pocket when the Christmas savings group collapsed 12 months ago, are facing serious financial difficulties, it has been claimed. Research by Unison and Kings College London found that as many as…
Continue reading the "Farepak customers facing serious debt hangover" »
The amount of money being chased by debt collectors in the UK looks set to increase considerably next year, according to the Credit Services Association (CSA). It is anticipated that British debt collectors will be aiming to retrieve between £23.9…
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