According to Cooperative Insurance, 82 per cent of the younger generation have savings of some form, but 42 per cent do not consider pensions and planning for the future to be a necessary part of debt management. David Newman, director…
Continue reading the "Youngsters becoming more astute with money" »
Mervyn King told the Treasury select committee that credit card debt and loans were getting people into problems. “The real problems in indebtedness are not in the mortgage market but in the unsecured debt market where a number of people…
Continue reading the "Families ‘could lose everything to debt’" »
From Monday January 2nd, most train operators will increase season ticket and saver ticket prices by 4.3 per cent. This is one per cent above inflation, but other fares are set to rise by up to 7.3 per cent. In…
MPs from the House of Commons culture, media and sport committee met consumer groups such as Citizens Advice to discuss the debt problems that television phone-ins can create. Shari Vahl, from BBC Radio 4, said that many people “got a…
Continue reading the "MPs hear how phone lines cause debt" »
Speaking to the Times, a spokeswoman for the bureau added that it was not just down to the banks, warning that consumers should be careful with their debt management and not take on more than they can afford to repay.…
Continue reading the "Citizens Advice ‘not surprised’ by bad debt levels" »
According to moneyfacts.co.uk, although banks are meant to offer good debt management opportunities, some charge up to £10 for people to take their money out from a branch. “Today’s savings market is littered with accounts that have bonuses and a…
Gambling has surged in popularity through the easy access to internet sites paid for by credit cards, but many struggle with debt management. Sandra Quinn, director of communications at Apacs, said: “Credit and debit card issuers aren’t there to tell…
In its latest trading update, Barclays said that while its credit card arm was still performing well, it was still concerned by bad credit card debt. “The rate of growth in impairment charges continued the trend of the first half,…
Continue reading the "Insolvency levels hitting credit card firms" »
By continuing to use the site, you agree to the use of cookies. more information
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.
