Legal & General’s MoneyMood report claims that the UK is now in a “save” mode Claire Stracey, the firm’s director of customer marketing, commented: “Our research shows the MoneyMood of the nation has been in ‘save’ mode since the beginning…
Payments association Apacs claims that the amount of people repaying their credit card debt each month in full has risen while the number of transactions fell to 2.1 billion. Although this is only a one per cent drop on the…
It blames lenders for the rise in the amount of people taking out Individual Voluntary Arrangements (IVAs) because they cannot manage their debt . In its Personal Finance Industry Insight newsletter, the website states that IVAs and the industry are…
Continue reading the "uSwitch calls for more responsible lending" »
Mervyn King, governor of the Bank of England, said that inflation was still too high, prompting fears that the rate could rise to five per cent before the end of the year. “The anticipated fall in inflation for September may…
According to Moneyfacts.co.uk, only three cards have no balance transfer fee, so people hoping to switch to cards to take advantage of interest free deals are set to pay the price for transferring debt. Michelle Slade, personal finance analyst at…
Swansea Institute computer student Geraint Banks-Wilkinson, 20, hanged himself because HSBC cancelled his overdraft facility, worth up to £1,200. “When he came back, basically he sat in the car, put his head in his hands and sobbed,” his mother Mrs…
has been launched to help reduce the £1.2 trillion that Britons owe. The UK Debt Help Manual has been published by the Debt Counsellors with claims that it is a “comprehensive guide” for those struggling to make repayments. John Porter…
In addition, the Standard Life Bank study found that half the population wants debt advice to help them get their finances in order and become happier. Will Fraser, national sales manager at Standard Life, said: “The research shows that professional…
Continue reading the "70% of Britons ‘unhappy due to debt’" »
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.
