Children heading back to school this week could be giving their financially-stretched parents more debt management worries by signing up for extra curricula activities, a new report has suggested. Enthusiastic British kids keen to become a football star of the…
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The majority of British consumers would consider entering an Individual Voluntary Arrangement (IVA) as a way to resolve their debt management problems, according to recent research. Figures compiled by YouGov on behalf of moneysupermarket.com show that more than half of…
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The national charity Citizens Advice has welcomed plans that will see schoolchildren aged 11 to 16 around the UK taught how to manage their money. It is hoped that the “economic wellbeing and financial capability” lessons will lead to a…
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Recent research has suggested that young British consumers are the most likely to be fearful of rises in the base rate of interest. According to a study carried out by ICM Research on behalf of Intelligent Finance, a full 40…
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Thousands of young British consumers are facing “huge amounts of debt” when they leave university, according to Kelvin Lillywhite, spokesperson for Best Advice Financial Planning. Mr Lillywhite suggests that students around the country are borrowing money from a variety of…
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A number of different economic factors have ensured that young consumers in the UK are facing the deepest debt management problems, according to reports. Economics editor at the Independent Sean O’Grady insists that “debt is concentrated among the young” and…
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Millions of British adults would fail a personal finance exam asking questions of the same difficulty as GCSEs, according to a recent study carried out by Abbey. The research saw more than 1,000 people answer “simple” questions about their banking…
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The Consumer Credit Counselling Service (CCCS) has suggested that young British homeowners are facing serious debt management difficulties as they attempt to maintain control of their finances. Figures from the charity organisation show that debt levels among British consumers aged…
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