Many of the UK’s most prominent money lenders are increasing the rates of interest they charge on their personal loans, it has been claimed. According to a report from Moneyfacts, close to half of all the finance firms in the…
The housing ladder currently appears to be out of reach for millions of would-be homeowners around the UK, according one expert. Sean Gardner from price comparison firm MoneyExpert has made clear that lenders are pricing a large number of people…
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British consumers are losing faith in the banks and other financial services firms they find on the high street, according to a recent study. Since the start of the credit crunch, millions of UK consumers have seen their debt management…
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The rate of repossessions around the UK is set to see a sharp rise over the course of this year, recent research has suggested. A study carried out by the Centre for Economics and Business Research (Cebr), the number of…
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Credit unions that operate across the UK can help consumers avoid facing debt management disaster, it has been claimed. According to the Association of British Credit Unions (Abcul), its members offer a money lending service that is less likely to…
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The government should avoid interfering in the UK’s housing market, one expert has asserted. David Kuo, head of personal finance at comparison firm Fool.co.uk, maintains that the market needs to be left alone in order for it to find a…
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British banking groups have been urged not to levy charges for unauthorised overdraft use against their customers who are already in debt, it has emerged. Citizens Advice, which provides guidance to millions of people in debt management trouble each year,…
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Conditions for companies trying to retrieve debts from individuals living in the UK have stabilised over the course of the past few months, according to the latest data. The credit risk management group TDX has revealed that its figures show…
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