A report from uSwitch.com has raised concerns that credit checks carried out in the UK are not sufficient to protect consumers from risky borrowing. The price comparison firm has claimed that proof of income was not provided in almost 70…
Debt managementproblems are now having a significant impact on the finances of middle-income families across Britain, it has been claimed. According to a study carried out recently by Axa, more and more middle-class households are finding it more difficult to…
Money lenders in the UK are tightening their conditions and are making loans less-readily available, according to the latest figures from the Bank of England. The bank’s credit conditions survey established that both secured and unsecured lending activity has been…
Millions of British consumers are refocusing their finances with the aim of becoming debt free, a new study has found. Research carried out by GfK NOP recently discovered that one in five people who had the option of borrowing or…
Debt is the number one fear among young British consumers, according to a recent poll. Research carried out by Ipsos Mori canvassed the opinion of around 1,200 people aged between 16 and 24 and some 48 per cent rated debt…
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Former soap star Mike Reid, known on screen as frank Butcher, had a debt management burden of close to £900,000 when he died last year, according to reports. Reid was for years one of the best-loved actors in the country…
British credit consumers have been urged to assess the level of flexibility a particular loan deal offers before entering into it. David Kuo, head of personal finance at price comparison firm Fool.co.uk, is convinced that flexibility is a crucial aspect…
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Money lenders operating in the UK have been blamed in part for the rise in repossession rates across the country. David Warnes, director of the Repossessions Advice Centre, has claimed that mortgage providers do not go nearly as far as…
Continue reading the "Lenders blamed for repossession rise" »
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