Thousands of young British consumers are unaware of how much debt they have accumulated, according to the latest figures from Unbiased.co.uk. Research by the financial services firm shows that around 41 per cent of UK consumers aged between 18 and…
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With thousands of young Britons preparing to start university life, students have been warned that they should take steps to ensure their debt management problems do not spiral out of control. Financial comparison firm MoneyExpert.com reports that that the average…
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As debt management problems worsen for millions of consumers around the UK, new research has shown that Britons spend billions of pounds each year to “keep up with the Joneses”. Peer pressure prompts 19 per cent of people in the…
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The fact that thousands of prospective university students can expect to graduate with “ridiculous” levels of debt is “not right”, according to one 20-year-old studying at the University of Lincoln. Laura Collins is aiming to get a degree in forensic…
The amounts of debt that young British consumers are now having to deal with is “extremely worrying”, according to one insolvency expert. President of the Association of Business Recovery Professionals (R3) Patricia Godfrey suggests that the financial habits of young…
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Credit card debtaccumulated while studying at university can remain a cause for concern for students long after they graduate, it has been suggested. Search engine service Moneyfacts.co.uk warns that while student credit card limits tend to be relatively low, the…
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Young Britons preparing to go to university over the next few months have been urged to consider the debt management problems they could stand to face. The amounts typically owed by graduates is rising and now stands at record levels,…
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A full 43 per cent of Britons aged between 16 and 21 have told a recent survey that fears over debt management problems has put them off pursuing higher education. The figures have been released by Alliance & Leicester and…
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