An increased awareness among British consumers of financial services available is cited as the reason behind the almost two-thirds (65 per cent) rise in clients looking for help from the Consumer Credit Counselling Service (CCCS), reports the BBC. Research from…
Secured loans, the financial comparison service explains, are beginning to offer more competitive rates of interest and are drawing in customers considering their debt consolidation options. “They may also have a low income or may need to borrow larger amounts…
Continue reading the "Secured loans “becoming more attractive”" »
Many residents living in Warwickshire towns are struggling to find a debt solution and the Citizens Advice, which has figures to demonstrate the extent of the problem, has been fielding more calls than ever from those in the red. A…
Managing director of SmartNewHomes.com David Bexon suggests many people across Britain are put off purchasing a new home due to the additional debt management problems that they could face in the wake of rising repayment rates. And this apparent trepidation…
Continue reading the "‘Consumer confidence rocked by rate rise’" »
The recent research from price comparison website moneysupermarket.com also demonstrates that around one quarter (13 million) people in the UK have taken out a loan to cover the debt repayments. In addition, over half (57 per cent) of those polled…
Continue reading the "Millions of Brits ‘can’t control debts’" »
If British people are to avoid bankruptcy or out of control credit card debt during adulthood financial education is essential, Ben Yearsley, investment manager at Hargreaves Lansdown, has suggested. Mr Hargreaves’ comments came in response to a recent study from…
Continue reading the "Financial lessons ‘must be learnt in schools’" »
Ben Yearsley, investment manager at Hargreaves Lansdown, claims that with debt levels continuing their upward trend around the country, concern from young people might ultimately mean they steer clear of bankruptcy and should be seen as a “good sign”. The…
Continue reading the "Worried kids are ‘good sign for debt awareness’" »
An estimated figure the company puts on the apparent overspending amounts to as much as £9.3 billion a year, which will not help those looking for a debt solution as repayment bills mount up. The claims are based on Zopa’s…
Continue reading the "‘Borrowing Brits are being overcharged’" »
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