British Banker’s Association (BBA) figures show that net loans on credit cards fell by £0.3 billion, which adds to the £0.1 billion fall experienced in June. Commenting on the figures, David Dooks, BBA director of statistics, said: “Unsecured lending is…
Of the 20 towns with the worst record for CCJs over the past year, eight are in the Midlands according to the Callcredit survey which showed how debt is affecting different parts of the country. Yet while some areas escaped…
R3, the Association of Business Recovery Professionals, has stated that it will give support to schools offering ifs School of Finance qualifications by discussing the “perils of debt”. Tony Supperstone, R3 president commented: “Personal debt in the UK is increasing…
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Reduce Credit Card Debt uSwitch.com Credit card balance transfers uSwitch.com is the place to find the best balance transfer credit card. Use our free and impartial comparison service.
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Nearly 40 per cent of people told Fidelity International that rather than save they are hoping for windfall payments to enjoy a debt-free and comfortable retirement. However, Simon Fraser, president of institutional business at Fidelity International, warned against a lack…
With average graduate debt put at £22,000, the National Union of Students (NUS) and financial experts told students to budget and seek advice. “Students are particularly vulnerable because they have no choice but to get into debt,” Sue Edwards of…
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Prudential claims that many are ignoring the effects of inflation when planning for their future and that £1,000 today will only be worth £620 in 2026, meaning that many will be in debt for their retirement. Head of retirement income…
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