Mortgage lenders are preventing first-time buyers from entering the market by reducing the number of affordable deals, one comparison site has suggested. Research by moneysupermarket.com has revealed that the amount of 90 per cent LTV mortgages is 97 per cent…
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A debt management initiative started by an advice charity is attempting to discourage young people from avoiding their financial problems. The Citizens Advice Bureau (Cab) partnered with youth agency Bold Creative to produce animated documentary-style online short films of two…
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Consumers need to take care with buy now, pay later deals, according to one expert. Chris Tapp, director of Credit Action, warned that while they can be a good way for people on low incomes to purchase expensive products, they…
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It is important for young people to learn about issues such as debt management, it has been argued. Wendy van den Hende, chief executive of the Personal Finance Education Group, noted that the onset of the economic downturn has highlighted…
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Young adults are prepared to go into debt in order to upgrade their properties, a new survey has suggested. A poll carried out by Unbiased.co.uk has found that a quarter of Britons hope to make home improvements over the coming…
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Worries about debt management may deter some young people from going to university, it has been claimed. Johnny Rich, the editor at student website Push.co.uk, said that finance is the “chief concern” that most families face when deciding whether someone…
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Students have been offered debt management advice that may help them to handle their finances while at university. Johnny Rich, the editor at student website Push.co.uk, said that there are “three golden rules” for those in higher education to follow…
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Younger adults are more likely than other age groups to use credit to pay for essential goods, a survey has suggested. Research from PricewaterhouseCoopers (PwC) has found that over a quarter (27 per cent) of those aged 25-34 have borrowed…
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