Citizens Advice has called for regulation of the consumer credit sector to be strengthened in its latest manifesto, entitled No one left behind. The organisation outlined a number of measures that would be helpful to those in debt, including setting…
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People in serious debt would benefit substantially from the implementation of a government-backed code of practice for those offering debt advice, it has been suggested. According to Jessica Brown of talkaboutdebt.co.uk, people suffering from severe debt problems are increasingly at…
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Indebted people could find it harder to take out low-cost loans now than during the same time a year ago, it has been suggested. Research by uSwitch.com revealed that there are fewer loans available to consumers than there were 12…
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Mortgage rates for the average consumer have been dubbed as “obscene” by an industry expert – suggesting that those intending to take out loans for the first time could suffer from unfair pricings and take on more debt than is…
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When it comes to purchasing new financial products, people should explore all avenues available to them, an industry expert has recommended – advice which could help those in debt improve their monetary situations. A lot of banks often promote offers…
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High street banks need to be clearer regarding the amount they are charging people for actions such as going overdrawn without permission, an industry expert has suggested, following the decision by two lenders to reduce their fees. According to Andrew…
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People in debt in the recession are being viewed more sympathetically by banks, industry experts have said. According to the UK Insolvency Helpline – a network of lawyers and accountants dedicated to providing money advice – banks are lowering interest…
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Mortgage providers appear to be making more of an effort to assist those in arrears, according to Citizens Advice. Sue Edwards, the organisation’s head of consumer policy, said this point is illustrated by the latest Council of Mortgage Lenders buy-to-let…
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