Lloyds TSB has said that while 55 per cent say that they pay their bill as soon as they receive a red reminder, 27 per cent leave the bill for a further week before opting to clear debt from their…
Continue reading the "Red reminders ‘left for a month’ by Brits" »
However, spokesperson Helen Saxon said that there needs to be “safeguards in place” to stop debt getting out of control, which can lead to people having debt management problems. Ms Saxon added that credit – in the form of people…
Following the announcement that Mr Darling is to take over the position of chancellor from the new prime minister Gordon Brown, the Nationwide Building Society has said he needs to signal his intention to help financially-stretched Britons. And with millions…
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The National Consumer Council (NCC) insists that charges on current accounts are causing low earners to experience serious financial difficulties and pushing many families further into the debt management mire. “Those on low incomes or with limited banking experience are…
Continue reading the "Banks accused of ‘crippling the most vulnerable’" »
As Gordon Brown assumes the leadership of the government, Mr Opik has urged the new prime minister to help make Wales a more affordable place to live. “Every two and a half hours, people in Wales have to pay £1million…
Continue reading the "Calls to protect Welsh credit consumers" »
Despite worsening debt management problems for millions across the country, the typical amount spent by Britons on their partner is £62 per month, a recent poll of 2,000 adults discovered. The study also found that men tend to be more…
Stephen Rose from the Debt Advice Bureau insists that spending as little as 20 minutes assessing the offers available could help consumers avoid thousands of pounds worth of credit card debt. Advice can be useful, Mr Rose maintains, but generally…
Continue reading the "Expert urges caution over credit card decisions" »
Figures from Experian show that the average motor insurance premium in the direct market sector has risen by 7.9 per cent in the 12 months prior to May this year and this could be adding to the financial pressures of…
Continue reading the "Consumers hit by higher motor insurance premiums" »
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