Apacs is distributing leaflets that provide a “wealth of information”, including tips on financial management, fraud protection and a list of questions to ask before taking out a credit card. “Nowadays, most students expect to be in debt when they…
Think-tank Reform claims that there is effectively a 50 per cent tax rate in force which will hit the under-35s who are already suffering from mounting debt, rising costs and low earnings growth. “Young people are in danger of drowning…
Student-debt.org.uk found that debt was the primary motivator behind half of university drop-outs, while the average graduate now carries a debt of nearly £15,000. A spokesman from student-debt.org.uk said: “The financial pressures associated with a course of higher education should…
People on low incomes would have the most to gain from debt help and could save nearly £60,000 by the time they reach 60, the Resolution Foundation claims. Commenting on the benefit of providing better financial advice to those on…
A quarter of pensioners in the Sesame poll have debt levels so high that they do not intend to pay it off and instead will die owing money which cannot be passed onto heirs. Alastair Conway, head of customer propositions…
In the Alliance Trust’s retirement survey, 1.7 million people are resigned to a retirement of debt and scrimping compared to only 500,000 who think they will be comfortable. “It’s worrying to see that many in the prime of their working…
Philip Smith, 48, was once a registered IFA but had not renewed his registration for ten years, instead he conned scores of clients out of their credit cards, inheritance and investments. Detective constable John Ashington, of Stockport CID, said: “Philip…
Speaking on BBC Two’s Working Lunch, the CCCS’ founder, Malcolm Hurlston, urged people to first of all add up their total debt so as to know the situation they stand in. “Once you’ve done that, the next thing to do…
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