Consumers in the UK need to be on their guard against the unscrupulous practices of property sale and lease back scheme providers, it has been claimed. Key Retirement Solutions has expressed its concerns that homeowners facing debt management problems could…
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The government has been accused of being complacent about the state of the UK’s housing market as the rate of repossessions is expected to increase considerably. Many thousands of families are faced with the threat of repossession and the Liberal…
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British consumers are increasingly turning to secured lending arrangements in an effort to clear debt, it has been suggested. According to the assessment of personal finance website Moneyextra.com, many UK consumers are looking to reduce their credit card debts and…
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The various bodies charged with the responsibility of overseeing the banking process in the UK appear to be failing consumers, it has been claimed. With millions of people around the country struggling to become debt free, David Kuo, head of…
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The Consumer Credit Counselling Service (CCCS) has suggested that people around the UK could be making their own personal finance situation more difficult by using multiple credit cards. According to organisation, consumers who use a number of credit cards for…
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Vince Cable, the economic spokesperson for the Liberal Democrats, has warned that the UK could soon be dealing with a trend towards “mass bankruptcy and repossession”. Mr Cable’s comments came after official figures showed that a record number of people…
The credit crunch has prompted millions of people around the UK to try and improve the state of their personal finances, it has been claimed. According to research by Friends Provident, a third of all British consumers are planning a…
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Millions of British consumers have added to their debt levels over the course of the past three months, according to recent research. In fact, figures compiled by MoneyExpert.co.uk have shown that two million people around the country have increased the…
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