The scale of credit card lending took what experts have described as an unexpected jump during February of this year, it has emerged. Credit card debt held by consumers around the country was worth almost £400 million more at the…
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With bills rising across the country millions of UK consumers are looking to reduce the costs associated with their energy supplies by switching their provider, it has been revealed. According to figures compiled by the industry watchdog Ofgem, last year…
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Taking on a debt consolidation loan can make sense for people with credit deals in place with a number of different lenders, according to one expert. David Kuo, head of personal finance at Fool.co.uk, cited his own company’s research to…
The cost of borrowing money in the UK has been steadily increasing in recent weeks despite the Bank of England’s decision to cut the base rate of interest, it has been claimed. According to data from MoneyExpert, the typical interest…
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Homeowners around the UK look set to face increased debt management problems in months to come as they look to secure a new mortgage deal, it has been claimed. Around 1.4 million fixed-rate mortgage arrangements are expected to expire this…
More and more British consumers are using credit card debt to fund their everyday activities, according to a new study. Figures compiled by Fool.co.uk have shown that fewer people in the UK now carry cash and an increasingly large proportion…
A majority of adults around the UK are cutting back on the amounts of money they spend on a monthly basis, according to recent research. With millions of British households already struggling to deal with their debt management difficulties, close…
Confidence among British consumer has hit a 15-year low, according to the latest figures compiled by GfK NOP. The research firm has found that consumer optimism dipped around the country in each of its five assessment categories last month, despite…
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