Shoppers who borrow money using store cards have been advised to plan ahead to avoid what could be a serious debt management headache. With Halloween approaching, Nationwide has warned that credit consumers could find themselves facing some frightening repayment demands…
Continue reading the "Borrowers urged to plan ahead" »
Accumulating credit card debt in an effort to keep up with mortgage repayment demands can be a beneficial financial move under certain circumstances, it has been claimed. Stephen Rose, director of Debt Advice Bureau, makes clear that if mortgage debt…
Continue reading the "Credit cards ‘can help’ mortgage borrowers" »
A report from the CreditExpert company has pointed to a lack of awareness among UK credit consumers of how they are impacted by changes to the base rate of interest. Many people face heightened debt management difficulties after rises in…
Continue reading the "Report points to ‘interest rate ignorance’" »
There are likely to be “huge” numbers of people relying on credit arrangements to fund their activities over the festive season this year, one expert has asserted. Susan Hannums, savings manager for financial advisory firm AWD Chase de Vere, maintains…
Continue reading the "Brits head towards ‘another indebted Christmas’" »
British consumers looking to borrow money via a personal loan have been warned that they could face added repayment costs by deciding not to agree a deal online. According to financial comparison firm uSwitch.com, there is a significant discrepancy between…
Continue reading the "Borrowers issued warning over personal loans" »
Mortgage borrowers around the UK are feeling the financial squeeze as rises in the base rate of interest continue to have an impact, according to recent research. Figures compiled by Alliance & Leicester show that saving rates among people struggling…
Continue reading the "Mortgage borrowers ‘feeling the squeeze’" »
Demand for secured borrowing deals is likely to keep rising in the UK, according to the market analyst firm Datamonitor. Despite the spiralling debt management problems faced by millions of British consumers and the so-called credit crunch of recent months,…
Continue reading the "Demand for loans ‘will keep rising’" »
Transferring debts to stave off financial disaster can be a “risky business”, according to Rob Kenley, head of credit cards at online comparison website moneysupermarket.com. However good a person’s credit card deal might be, using money borrowed in this way…
Continue reading the "Debt transference is “risky business”" »