A report from the CreditExpert company has pointed to a lack of awareness among UK credit consumers of how they are impacted by changes to the base rate of interest. Many people face heightened debt management difficulties after rises in…
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There are likely to be “huge” numbers of people relying on credit arrangements to fund their activities over the festive season this year, one expert has asserted. Susan Hannums, savings manager for financial advisory firm AWD Chase de Vere, maintains…
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As millions of UK consumers struggle to become debt free, a new study has revealed that people in the south-east of England are the more likely than those in any other region to borrow via a credit card. Figures from…
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A challenge laid down by the ifs School of Finance has received thousands of entrants as it aims to encourage a greater understanding of money-related issues among the UK’s young consumers. Young people are increasingly finding themselves struggling to deal…
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Millions of young consumers around the UK would like to be better informed of financial issues, according to recent research from NatWest. A study by the financial services firm makes clear that around 43 per cent of British teenagers feel…
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British consumers looking to borrow money via a personal loan have been warned that they could face added repayment costs by deciding not to agree a deal online. According to financial comparison firm uSwitch.com, there is a significant discrepancy between…
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The consumer panel established by the Financial Services Authority (FSA) has welcomed a recent review highlighting the important role generic financial advice is set to play for household finances across the UK. According to the government commissioned Thorseen Review, a…
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Mortgage borrowers around the UK are feeling the financial squeeze as rises in the base rate of interest continue to have an impact, according to recent research. Figures compiled by Alliance & Leicester show that saving rates among people struggling…
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