As debt management problems worsen for millions of consumers around the UK, new research has shown that Britons spend billions of pounds each year to “keep up with the Joneses”. Peer pressure prompts 19 per cent of people in the…
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Users of credit and debit cards have been warned that they could add to their debt management difficulties by spending money while on holiday. Research by uSwitch.com suggests that British holidaymakers could be charged a total of around £759 million…
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The fact that thousands of prospective university students can expect to graduate with “ridiculous” levels of debt is “not right”, according to one 20-year-old studying at the University of Lincoln. Laura Collins is aiming to get a degree in forensic…
As millions of British consumers continue to deal with debt management problems, new research has shown that entertaining children during the school holidays can be a costly business. Figures from Sainsbury’s Bank show that British parents typically plan to spend…
The UK’s payment association Apacs has launched a new guide aimed at encouraging British consumers to protect their personal identification number (pin). Apacs suggests that letting a criminal know your pin code could mean losing money and for those struggling…
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The amounts of debt that young British consumers are now having to deal with is “extremely worrying”, according to one insolvency expert. President of the Association of Business Recovery Professionals (R3) Patricia Godfrey suggests that the financial habits of young…
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As millions of consumers deal with debt management difficulties across the UK, new research from Abbey has shown that lending money from friends can often lead to further problems. The recent study found that around 3.5 million Britons have argued…
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Credit card debtaccumulated while studying at university can remain a cause for concern for students long after they graduate, it has been suggested. Search engine service Moneyfacts.co.uk warns that while student credit card limits tend to be relatively low, the…
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