Millions of credit card users in the UK are taking no action to protect themselves against identity thieves and could be vulnerable to being defrauded as a result, new research has suggested. Falling victim to a fraudster can often lead…
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First-time buyers across the UK are paying out increasingly large portions of their monthly incomes to pay off interest on their mortgage loans, according to the latest figures from the Council of Mortgage Lenders (CML). Data released by the CML…
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Debt managementproblems have left young UK consumers with a lack of saving provision that is likely to cause them considerable financial hardship in later life, it has been suggested. Reflecting on the situation, Des Hamilton, technical director of The Pensions…
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It is essential that young buyers clear any existing debts when making plans to purchase a property, it has been revealed. Nationwide Building Society has released its top ten tips for graduates looking to get on the property ladder with…
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Four out of every five people aged between 18 and 24 in the UK have some form of debt, according to recent research. Data collected by YouGov on behalf of the charity group Rainer suggests that the vast majority of…
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Ed Balls, the secretary of state for children, schools and families, is set to make the case for ensuring young people around the UK gain the financial skills they need. Mr Balls is to address delegates at an event being…
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Individual Voluntary Arrangements (IVAs) can help people who are heavily indebted address their financial issues and to find a solution, one expert has made clear. In many cases, British borrowers effectively bury their heads in the sand and hope their…
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Young British consumers become accustomed to having debt management issues to deal with almost as soon as they enter adult life, it has been suggested. James Ketchell, from the Consumer Credit Counselling Service (CCCS), claims that it has become easier…
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