A report from the Post Office has highlighted a growing reliance on credit card debt among consumers around the UK. Research carried out on behalf of the organisation found that a quarter of all credit card holders are now more…
Continue reading the "Report points to ‘credit card reliance’" »
The base rate of interest has been maintained at 5.5 per cent, the Bank of England has announced. Economic experts are convinced that the rate will be reduced at some point over the course of the next few months, but…
Third party organisations are the best option for consumers looking for debt help, it has been suggested. According to the Consumer Credit Counselling Service (CCCS), banking groups and money lenders are not ideally placed to offer appropriate financial advice to…
The rises in energy prices for consumers in the UK have been described as unfair by an industry watchdog, it has emerged. With millions of people already dealing with debt management problems around the country, experts expect to see energy…
Experts at Defaqto have warned that borrowing small amounts of money can often lead to a long struggle to become debt free, because of the relatively large interest rates such deals tend to entail. According to the research firm, loans…
More than half of all British consumers overspent during the Christmas period, according to a report from the Department for Work and Pensions (DWP). Around 45 per cent of people planned ahead in 2006 to avoid debt management woes in…
Continue reading the "‘Half of Brits’ overspent at Christmas" »
The Consumer Credit Counselling Service (CCCS) has warned that many people in the UK could be facing further financial difficulties this year due to increased mortgage repayment demands and rising energy prices. Many thousands of homeowners around the country are…
Continue reading the "CCCS points to further financial stretch" »
Millions of household bills are going unpaid as British consumers struggle to deal with their respective debt management burdens, according to recent research. Figures from MoneyExpert show that around 6.9 million bills have gone unpaid since June 2007 and many…
By continuing to use the site, you agree to the use of cookies. more information
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.
