Figures from the House of Commons have demonstrated that the number of mortgage possession orders issued by courts in Suffolk had more than doubled over the course of the past ten years. And these statistics were described as presenting concerns…
Continue reading the "“Worrying” repossession figures highlighted" »
The claim from Helen Wanless from Age Concern comes after a public accounts committee revealed that around a third of elderly Britons are not taking up their credits and a report from the Consumer Credit Counselling Service which suggests the…
Continue reading the "British pensioners ‘not claiming their credits’" »
Bradford & Bingley’s head of mortgage products Andy Wiggins insists that money lenders are doing their part towards enhancing financial understanding and that their websites offering relevant information are “pretty well used”. And with debt management concerns being dealt with…
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Handbags owned by women around the country contain credit card details, National Insurance Numbers and receipts, which can give criminals an opportunity to access information they need to carry out fraudulent activities, according to the credit reference agency Equifax. And…
Consumer campaign publication Which? claims that despite the recent court case victory for Lloyds TSB in a dispute regarding overdraft charges, contesting banks over these kinds of issues remains a worthwhile pursuit. Indeed, Which? insists that the ruling made at…
Continue reading the "Consumers urged to keep up bank charges battle" »
Mr Tyrie suggests that the reasons for bank charges, which can often force credit consumers further into debt management difficulties, are not commonly understand by bank customers throughout the country. Regular itemised bills detailing charges that are being made should…
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Howard Archer, chief UK and European economist at Global Insight, predicts that by August British credit consumers will face further pressure on their financial circumstance by way of an increase in the cost of borrowing. The rise would represent the…
Continue reading the "Interest rates ‘up again by August’" »
Figures from Prudential show that around 3.4 million UK consumers have put themselves into debt after splashing the cash before it has entered their accounts and that these arrears collectively amount to almost £2.5 billion over the course of the…
Continue reading the "Debt warning for pre-emptive spenders" »
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