According to the price comparison website, the number of people struggling with energy debt management has risen by 765,000 since March to reach 6.4 million, with the amount of households in fuel poverty standing at 5.8 million. “The average energy…
According to the association, the amount of credit and loan debt that Britons took on increased by £0.8 billion in October, compared to £0.3 billion rise in September and a monthly average of a £56 million increase. David Dooks, BBA…
Through an “inner tosser” – someone who tosses money away recklessly the Tories claim that many young people were getting needlessly into debt, with those in Northern Ireland and eastern England most likely to do so. A Conservative spokesman told…
According to its survey, 12 million people have poor debt management because they are not saving enough for retirement. Chris Kenny, the ABI’s director of life and pensions, said: “Over 12 million people are still not saving enough for their…
Consumers could be wasting as much as £1 billion every year because they are not on the most suitable energy tariff, a consumer finance website has said. According to the Motley Fool’s poll, 46 per cent of households have never…
Commenting on the collapse of Farepak, which was meant to offer a Christmas debt management plan, the members of the Scottish parliament said that other options could be better. Dr Elaine Murray MSP, said: “[Credit unions] can make loans available…
Continue reading the "Credit unions recommended for debt management" »
According to credit reference agency Callcredit, four per cent of people have such poor debt management skills that they do not how they will pay for their spending this season. In addition, the amount of people expecting to spend over…
Continue reading the "More people don’t know how they’ll fund Christmas" »
Comparing the best to the worst saving, insurance and other financial products, the website found that during the third quarter of 2006, the average consumer could save £3,976.02, up £167.24 on the same figure the previous quarter. “At this time…
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