A report from the South Wales Echo suggests that the average personal debt levels across the province have risen to £30,000 and millions of consumers face years of debt management problems. In addition, the number of Cardiff residents using legal…
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But, as debt management problems worsen for millions UK consumers, MoneyExpert has suggested that financial inaction could leave Britons missing out on potential savings. Indeed, a full 5.4 million fewer UK consumers have switched their financial service providers in search…
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Financial services firm the Alliance Trust reports that real earnings across the country are at their lowest level in a decade, but household spending is yet to be reigned in by millions of families. Pressure is being put on household…
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YouGov compiled the latest data that shows almost half of all employed Britons fell into the red at some point during the last year, while only 40 per cent of 18 to 24-year-olds were able to avoid using their current…
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The average charge for using a credit card outside the UK stands at 2.75 per cent, but recent research from the Post Office shows that a full 47 per cent of British consumers are not aware that holiday spending can…
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The company reports that while the average amount of personal loan and credit card debt amounts to around £10,000 in the UK, the average consumer is convinced their debt management burden is only half this figure. Furthermore, the latest study…
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Borrowing money has become a common feature of 21st century British life and while some consumers are able to control their spending, many others find themselves in a cycle of debt that is difficult to stop, Tim Moss from Moneysupermarket.com…
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Figures collected by online mortgage firm mform.co.uk show that with close to 14 million Britons aiming to buy a house in the next three years, more than half will take on loans worth three times the annual wage. In addition,…
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