The Consumer Credit Counselling Service (CCCS) is expecting to see many thousands of Britons seek out debt advice in the new year as a result of overspending during December. James Ketchell, a spokesperson for the CCCS, has made clear that…
Continue reading the "CCCS awaits another new year debt hangover" »
Household finances are being squeezed across the UK, but retailers are still expecting to see significant spending over the course of the next few weeks, according to one expert. Richard Dodd, head of media at the British Retail Consortium, suggests…
Continue reading the "Brits set to spend despite being ‘less well off’" »
The amount of money being chased by debt collectors in the UK looks set to increase considerably next year, according to the Credit Services Association (CSA). It is anticipated that British debt collectors will be aiming to retrieve between £23.9…
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Borrowers across the UK are being squeezed as interest rates are increased by many of the most popular lenders, it has been claimed. Figures compiled by MoneyExpert.com show that the average borrowing rate on an unsecured loan of around £5,000…
Many of the UK’s largest lenders are preparing to lower credit limits for many of the customers, according to reports. The amounts of credit card debt consumers are allowed to accumulate will be cut in months to come, even for…
The cost of borrowing in the UK looks likely to be reduced over the course of the next few months, according to expert assessment of the Bank of England’s latest inflation data. Howard Archer, chief UK and European economist at…
A new report has warned that shoppers in the UK could end up paying an annual percentage rate of over 24 per cent if they pay for goods using store card credit. Figures compiled by MoneyExpert.com show that store card…
Continue reading the "Warning issued over ‘hefty’ store card rates" »
Credit consumers around the UK have been urged to think carefully about their personal finance options before adding to their debt management burden. Many people are expected to borrow heavily to fund Christmas expenditures and Chris Tapp from the Credit…
Continue reading the "Borrowers urged to ‘think carefully’" »
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