The rate at which credit card companies are rejecting applicants is increasing dramatically across the UK, according to the latest figures. Research carried out recently by MoneyExpert has shown that almost 3.25 million Britons have been refused access to credit…
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Millions of people who are facing debt management problems across the UK are in denial about the state of their own finances, it has been claimed. According to a recent report from Moneysupermarket.com, there are some 15 million Britons who…
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First-time buyers (FTBs) across Britain are struggling to cope with their debt management pressures more than they ever have before, it has been claimed. According to a report from Shelter, the average monthly mortgage payment rate has risen at more…
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Home loan borrowing activity in the UK is set to slow over the course of 2008, according to the latest assessment of the Council of Mortgage Lenders (CML). The council has revealed that the scale of lending among its members…
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The lack of free balance transfer offers available to credit card users in the UK is having a knock-on effect on the overall debt management efforts of many struggling consumers, according to one expert. Beccy Boden-Wilks from National Debtline has…
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Homeowners around the UK are being hit by “staggering” mortgage fees, it has been claimed. According to research by uSwitch.com, the average amount charged in fees by lenders is around £1,000 and in many cases this figure doubles when added…
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A recent study has suggested that there is a widespread ignorance of the importance of checking credit reports in the UK. Figures from Moneysupermarket.com have shown that only one in six Britons intend to check their reports this year and…
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Halifax, which is the biggest mortgage lender operating in the UK, has revealed its decision to increase the interest rates on its home loan deals. With millions of people struggling to become debt free, many had hoped that the financial…
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