Debt management difficulties could be heightened for borrowers that fail to secure a good deal on their mortgage repayments when their fixed-rate arrangement runs out, suggest experts from London & County (L&C). The financial services firm insists that in light…
Continue reading the "Borrowers warned over ‘fixed-rate jumps’" »
As the number of Individual Voluntary Arrangements (IVAs) and bankruptcy applicants continues to rise across the country, the NUS is keen to see that the interest rates on student loans do not increase beyond the rate of inflation. Controlling the…
The financial service firm has revealed that the average cost associated with moving home now amounts to £16,000 exclusive of the price of the property involved and that the typical Brit relocates between three and four times during their lifetime.…
Figures from Credit Expert suggest that as the country’s debt management problems mount up, around five per cent of the population has or is considering one or other of these debt solution options. In addition, the study reveals that close…
Continue reading the "Millions of Brits ‘considering debt solution options’" »
Dealing with thousands of requests for debt advice from consumers around the country, the CCCS is in a position to assess some of the financial problems facing the UK and the service suggests that seeking help with debt sooner would…
Vicky Redwood, a UK economist with Capital Economics, told Channel 4 that the most recent rise in the base rate of interest will significantly impact British consumers, many of whom are already spending a large percentage of their incomes of…
According to the politicians, mortgages have not been as unaffordable as they are now for people in Wales in around 16 years and there are many credit consumers who find themselves in a “very precarious position”. To highlight the extent…
Carried out by YouGov and commissioned by Skywire Software, the recent research shows that around 30 per cent of UK citizens dodge their monthly bills and decide not to pay them straight away. And only eight per cent of those…
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