A recent poll carried out by Ciao covered 1,000 British adults and revealed that around 83 per cent of those asked suggested they were worried that their children would eventually find themselves facing debt management trouble. The findings have been…
Continue reading the "Financial worries ‘too often a taboo subject’" »
Saving money for their children is proving increasingly difficult for the growing number of single parents across the country, the financial services provider makes clear. And in comparison with married parents, lone mothers or fathers are able to put away…
Continue reading the "Single parents ‘struggling financially’" »
Debt management problems among millions of consumers have seen banks losing profits to bad debt in recent years and the so-called crackdown is seen as a direct response. Over the course of the last six months, more than 2.8 million…
Continue reading the "Bad debt sees credit card lenders ‘get tough’" »
Plans have been outlined in a newly published white paper in the wake of recent figures from the Consumer Credit Counselling Service (CCCS) suggesting that the country’s debt management burden is increasingly being shifted to older generations. The numbers in…
Continue reading the "Government consults on latest pension reforms" »
Under terms laid out in last week’s Budget announcement, the average amount being paid in council taxes will rise by a full 4.3 per cent over the course of the coming 12 months, the Communities and Local Government department has…
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With the slight increase in inflation seen in recent weeks, the Alliance Trust Research Centre has claimed that low earners, who could already be searching for a debt management plan, are hit 34 per cent harder by such rises than…
Continue reading the "Inflation ‘impacts low earners’" »
With debt management problems continuing to rise nationwide, the DWP is keen to see increased support for parents looking to secure a working wage to support their children. In all, a full £150 million is to be diverted to aid…
Continue reading the "DWP targets childhood poverty" »
Statistics from the CCCS’ so-called yearbook reveal that of those people approaching the organisation for advice on becoming debt free close to 50 per cent were aged over 40. In addition, it was revealed that around half of those advised…
Continue reading the "CCCS: People with debt problems are getting older" »