Finance website Fool.co.uk claims that the increasing popularity of fixed-rate mortgage deals suggests people are worried about the prospect of another rise in the cost of borrowing in the coming months. And any increase in the base rate would add…
Continue reading the "Interest rate rises leaves Brits ‘unsettled’" »
Leeds City Council aimed to assist those people in the local area who are looking for a debt solution in partnership with public, private and voluntary organisations. And as a result of its endeavours, the government has awarded the council…
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With many thousands of Brits facing credit card debt problems, there should be more card holder perks available than is currently the case, the personal finance expert asserted. And Ms Hogg’s claims were backed up by statistics from Goldfish’s own…
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While opting for a debt consolidation loan can prove to be a shrewd financial move for many people, an individual must avoid slipping behind on subsequent repayments, Helen Saxon, spokesperson for the Finance and Leasing Association (FLA) suggests. “They [debt…
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This apprehension among borrowers is reflected in the finding that the number of people across the country who opted for a five-year fixed-rate mortgage deal increased by a full 11 per cent last month. And if the perception of fresh…
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Helen Saxon from the Finance and Leasing Association (FLA) has moved to encourage consumers to consider carefully the terms of a credit arrangement or debt consolidation loan before opting to borrow money. In addition, as Britain’s debt management problems pile…
Continue reading the "Debt becoming a “way of life”" »
Ads featured in regional newspapers, which do not conform to industry standards on credit promotions and could contribute to the debt management problems of some consumers, have been reduced by 31.5 per cent in the last two years, according to…
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Increased levels of borrowing among consumers, coupled with fewer people saving for their retirement, could see the UK heading for mortgage debt management crisis, suggests Dean Mirfin, business development director at Key Retirement Solutions. An average of £31,000 is owed…
Continue reading the "Over-60s ‘still owe £98m in housing debt’" »