Young British consumers become accustomed to having debt management issues to deal with almost as soon as they enter adult life, it has been suggested. James Ketchell, from the Consumer Credit Counselling Service (CCCS), claims that it has become easier…
UK consumers could be obliged to tighten their belts over the next few months as economic conditions leave many people out of pocket, according to one expert. Howard Archer, chief UK and European economist at Global Insight, insists that relatively…
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Mortgage borrowers around the country are increasingly looking to avoid the uncertainty of having a variable rate arrangement with their lender, according to recent research. Figures from Abbey show that almost eight in ten British consumers would opt for a…
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Young British consumers need to learn how to manage their money effectively to avoid facing debt management disaster when the get older, it has been claimed. Becky Boden-Wilkes, a spokesperson for National Debtline charity, insists that the onus is on…
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A greater degree of awareness among consumers has helped to boost the number of people entering an Individual Voluntary Arrangement (IVA) in the UK over recent years, it has been suggested. Stephen Rose, director of the Debt Advice Bureau, insists…
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Millions of British consumers are aiming to reduce the amount of credit card debt they have outstanding and the number of cards they use, according to recent research. Figures from Abbey suggest that around 7.7 million Britons who spend money…
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Financial comparison service uSwitch.com has warned that British consumers could face significant repair bills if they fail to cover themselves against boiler breakdown as the winter months approach. The company is convinced that many people around the country will neglect…
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Banking groups in the UK are increasingly shying away from what they deem to be risky borrowers, according to reports. With so-called bad debt hitting the profits of some of the foremost banks in the country, these organisations are tending…
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