The many millions of text messages sent each day across the UK are costing consumers large sums of money and could be adding to the difficulties of those aiming to become debt free, new research has suggested. Flirty text messages…
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Millions of British credit consumers are dishonest about their debt management problems, according to a recent study. Figures compiled by Fool.co.uk demonstrate that as many as one in six people around the country has at some point lied about the…
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Transferring debts to stave off financial disaster can be a “risky business”, according to Rob Kenley, head of credit cards at online comparison website moneysupermarket.com. However good a person’s credit card deal might be, using money borrowed in this way…
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Demand for secured borrowing deals is likely to keep rising in the UK, according to the market analyst firm Datamonitor. Despite the spiralling debt management problems faced by millions of British consumers and the so-called credit crunch of recent months,…
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Young British travellers often find themselves with a debt management headache to deal with when they head back to the UK, it has been suggested. Tom Griffiths, founder of gapyear.com, explains that people taking time out between school and university…
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Increases in the cost of borrowing are starting to have a real impact on the activities of consumers across the UK, recent research has suggested. With millions of British consumers struggling to become debt free, the amounts being lent by…
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Many thousands of British consumers are leaving their debt management troubles behind and jetting off on holiday without having paid for their previous trips, it has emerged. Figures from Alliance & Leicester show that millions of people across the country…
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The Consumer Credit Counselling Service (CCCS) has outlined the benefits for indebted Britons of entering an Individual Voluntary Arrangement (IVA). According to the organisation, IVAs often prove more attractive to consumers than outright bankruptcy because they last for a fixed…
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