Figures from Alliance & Leicester show that 34 per cent of people opting to take on a personal loan do so in an effort to find a debt solution, often after having been hit by high interest rates on credit…
Continue reading the "One in three loans used to consolidate debts" »
A survey carried out by YouGov for Capital One found that 99 per cent of British adults are aware of the issue of ID theft, but the majority of people do not know how to prevent it from happening. And…
Continue reading the "Brits ‘fear financial fraudsters’" »
Over 3.7 million would-be homebuyers say they would be happy to take on a mortgage that amounted to five times the annual wage in order to get onto the housing ladder in the UK, figures from online mortgage search service…
Continue reading the "Mortgage borrowers ‘willing to take on lengthier loans’" »
Mark Formosa, who intends to stand for the Conservatives in Taunton at the next general election, has made clear that there needs to be more effective help and advice for the millions of people nationwide whose financial problems are getting…
Continue reading the "Conservative calls for more debt advice" »
With millions pf consumers facing debt management difficulties, the OFT is hoping to make relevant information more readily available to the public by working with the various credit card providers around the country. Explaining the reasons for the initiative, the…
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As debt management problems worsen for millions of consumers around the country, figures from Scottish Widows have shown that 18 to 35-year-olds are the UK’s most wasteful fashion spenders. Furthermore, around 57 per cent of men and 70 per cent…
Continue reading the "‘Brits spend thousands on clothes they won’t wear’" »
As debt management problems mount across the country, research carried out by Halifax has found that average council tax rises have outstripped inflation by a number of measures over the last decade. By the measure of the retail price index…
Continue reading the "Average council tax up 91% in ten years" »
Experts at moneysupermarket.com suggest that those mortgage borrowers who fail to secure a fixed-rate deal quickly could face increased financial pressures over the coming weeks and months. “Borrowers needing the stability of a fixed-rate product should reserve their next deal…
Continue reading the "Indebted urged to secure fixed-rate mortgage deals" »