Maria Eagle, the enterprise minister, announced the funding of £800,000 over two years to place advisers across the province to support advice in towns and cities. “Debt in Northern Ireland is having an adverse economic, social and personal impact on…

Not only can bad debt add to a bad credit rating, but so can being rejected for a loan. Neil Munroe of Equifax is urging people to check their record first. “Every time you apply for any kind of credit…

Secretary of state for work and pensions, John Hutton, said that this will be the best way to stop people from under-saving, particularly the low earners. “We need to tackle the culture of under-saving, particularly among lower earners,” said the…

While this may suit the England football team’s wives and girlfriends (Wags) who have rich partners to support them, a survey found that 80 per cent of women were spending more than they brought in. According to the More magazine…

The Association of British Credit Unions Ltd (ABCUL) research says that it was helping low-income families save, with nearly half saying that credit unions were their only method of saving. “This report shows how credit unions are reaching a wide…

New figures show that only a quarter of potential borrowers were approved straight away, with a further 17 per cent being offered a higher rate than they hoped for. Stuart Glendinning, managing director of moneysupermarket.com which carried out the research,…

The Liberal Democrats’ economics spokesman Vince Cable said that the amount of young people in debt is “extremely worrying” and called for better financial education. “The government’s university tuition fees, high house prices and the aggressive marketing of credit are…

According to the research, it costs £15,000 a year to raise a child during its first year due to scores of essential items, but single mothers find it hard to pay for them. “We have noticed a significant increase in…