Helen Ainsworth, a Which? spokeswoman, said that it is simple to obtain such an interst-free deal but if people are not aware of the conditions, they could soon fall deep into debt or even get a County Court Judgment (CCJ).…
A Consumer Credit Counselling Service spokeswoman urged consumers to start their debt management plan now in order to have a prosperous new year. “People tend to stick their head in the sand when it comes to Christmas spending and worry…
Trevor Matthews, chief executive of Standard Life Assurance, added that 44 per cent of Britons cannot or will not save, due to such financial burdens bills and spiralling debt. “The savings gap in the UK is of great concern. Low…
According to the Debt Counsellors, 91 per cent of people seeking debt advice do so due to credit card debt levels. John Porter of the debt advice firm said: “Credit card debt is obviously one of the major factors of…
Continue reading the "Credit card debt ‘source of most problems’" »
In the CreditExpert.co.uk report, 41 per cent of adults said that they were worried about household bills and 11 per cent fewer people now expect to be able to pay their bills. “The recent increases in household bills have hit…
Continue reading the "Consumers worried about rising debt and bills" »
According to the charity, it gave debt advice to 1.4 million people in the two countries in 2005-06, an increase of 11 per cent on the year before. Citizens Advice chief executive David Harker was concerned about the findings: “Our…
According to Alliance & Leicester, borrowing has slowed to 1.4 per cent a year, compared to the ten-year average of 11.7 per cent and even credit card debt has fallen. Chris Rhodes, managing director of Alliance & Leicester retail banking,…
According to John Charcol, anyone with a mortgage or loan linked to the interest rate should start their debt management now as a rise is likely, increasing the amount of repayments required each month. Ray Boulger, senior technical manager at…
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.
