Seven out of ten people will hide their debts from their partner, normally as they do not want to confront the reality of their situation, an attitude which only serves to worsen the problem. The Debt Free Direct survey confirmed…

BBA director Samantha Mitchell says that there has been an “upturn” in saving behaviour, meaning that people are less likely to be taking out credit on cards and loans. Commenting on the Birmingham Midshares statement that Britons are putting away…

This year, June 3rd is ‘tax freedom day’, meaning the rest of the year’s earnings at last go into the worker’s pocket. As a result, the think-tank warns that mounting taxes could start affecting jobs and taxation levels could influence…

The experienced informer claims that “consumers should be very, very wary of their banks” as they work towards goals for take up of banking products, whether or not the consumer can afford them. “Every branch of any bank, and every…

Andrew Hagger, head of news and press at Moneyfacts.co.uk, made these comments after some credit cards agreed to lower their late payment fees from £20 to £12 due to Office of Fair Trading (OFT) action. While welcoming this news, Mr…

According to Motley Fool research, 44 per cent of people know their credit file content, but, it adds, 41 per cent have never checked their files. “While many people are unaware of their credit histories, many others are on top…