Many people in the UK are so desperate to get a foot on the housing ladder that they are willing to take on “absurd” levels of mortgage debt to do so, according to one expert. Mortgages have been a source…
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The total increase in credit card debt accumulated by UK consumers during November of last year was £300 million more than the same figure for the previous month, it has been revealed. December tends to be a particularly busy month…
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Many British consumers are resigned to the idea that any financial advice they receive will not be of the highest quality, according to a recent report. Research by the Financial Services Consumer Panel suggested that there is a good deal…
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The Bank of England has indicated that there is likely to be less money being lent by financial service firms over the course of the next few months than has been the case in recent years. As millions of people…
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A new service has been launched by the Capital One credit card company with the aim of tacking the issue of identity theft, it has been announced. Identity theft can often cause consumers to face added credit card debt problems…
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British consumers have been urged to check the overdraft conditions associated with their current accounts in order to avoid unnecessary debt management issues. MoneyExpert warns that many people around the country could be facing extra charges because while 40 per…
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Credit card companies are likely to steadily increase their interest rates over the course of next year, one expert has asserted. Samantha Owens from Moneyfacts is convinced that borrowers will be faced with increased costs and the potential for further…
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British consumers who have accumulated significant amounts of debt over the festive season have been urged to consider ways to consolidate their arrears. Alliance & Leicester suggests that by securing a low-cost debt consolidation loan, some of the UK’s millions…
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