The confidence of the typical UK consumer to take on more credit has been falling in recent months and looks set to continue in the same vein, according to CreditExpert. More and more homeowners around the country are deciding not…
Many of the high street banks around the UK are backing down over the issue of unauthorised current account overdraft rates, according to one financial comparison firm. Research by MoneyExpert.com has established that the average rate charged for this particular…
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A warning has been issued over the potential costs that can be incurred over the course of an internet service contract. According to Moneysupermarket.com, many consumers are unaware that they are liable to being charged considerable sums if they fail…
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There is likely to be a growth in the use of higher cost credit around the UK in months to come, one expert has asserted. According to Chris Tapp from the Credit Action charity, the difficulty consumers will have in…
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Lenders around the UK are failing to drop their interest rates in line with the Bank of England’s base rate, one expert has suggested. According to Paul Dales, UK economist with Capital Economics, the issue of banking groups and other…
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Millions of UK consumers are planning to switch their credit card debts over the next few months, according to recent research. Figures from Sainsbury’s Bank show that more than four million people intend to change their credit card provider before…
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The Citizens Advice and YouthNet charity groups are aiming to help young consumers around the country deal with and avoid debt management problems, it has emerged. Via the internet and mobile phone services, the two organisations are to offer advice…
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The level of consumer credit activity around the UK was “subdued” last month, according to the British Bankers’ Association’s (BBA) assessment of its own statistics. According to the latest data, an additional £400 million was borrowed by consumers around the…
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