Average British consumers are the ones paying the price for the poor management of the economy by the current government, it has been claimed. Phillip Hammond, a Treasury spokesperson for the Conservatives, is convinced that the Labour Party and particularly…
The lack of free balance transfer offers available to credit card users in the UK is having a knock-on effect on the overall debt management efforts of many struggling consumers, according to one expert. Beccy Boden-Wilks from National Debtline has…
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Homeowners around the UK are being hit by “staggering” mortgage fees, it has been claimed. According to research by uSwitch.com, the average amount charged in fees by lenders is around £1,000 and in many cases this figure doubles when added…
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A recent study has suggested that there is a widespread ignorance of the importance of checking credit reports in the UK. Figures from Moneysupermarket.com have shown that only one in six Britons intend to check their reports this year and…
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Millions of British consumers are ignoring the risks to their finances and taking on debt in order to boost their own image, according to a new report. A study carried out on behalf of CreditExpert found that almost a third…
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Halifax, which is the biggest mortgage lender operating in the UK, has revealed its decision to increase the interest rates on its home loan deals. With millions of people struggling to become debt free, many had hoped that the financial…
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Financial problems among British consumers are testing family ties by forcing three generations to live under the same roof, new research has suggested. A study carried out recently by Prudential has shown that a third of all parents expect to…
The government has been called upon to take action that would help British consumers avoid seeing their debt management problems spiral out of control. Vince Cable, economic spokesperson for the Liberal Democrats, is convinced that prime minister Gordon Brown and…
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