A challenge laid down by the ifs School of Finance has received thousands of entrants as it aims to encourage a greater understanding of money-related issues among the UK’s young consumers. Young people are increasingly finding themselves struggling to deal…
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As millions of UK consumers struggle to become debt free, a new study has revealed that people in the south-east of England are the more likely than those in any other region to borrow via a credit card. Figures from…
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Mortgage borrowers around the UK are feeling the financial squeeze as rises in the base rate of interest continue to have an impact, according to recent research. Figures compiled by Alliance & Leicester show that saving rates among people struggling…
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The consumer panel established by the Financial Services Authority (FSA) has welcomed a recent review highlighting the important role generic financial advice is set to play for household finances across the UK. According to the government commissioned Thorseen Review, a…
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The many millions of text messages sent each day across the UK are costing consumers large sums of money and could be adding to the difficulties of those aiming to become debt free, new research has suggested. Flirty text messages…
Millions of British credit consumers are dishonest about their debt management problems, according to a recent study. Figures compiled by Fool.co.uk demonstrate that as many as one in six people around the country has at some point lied about the…
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Transferring debts to stave off financial disaster can be a “risky business”, according to Rob Kenley, head of credit cards at online comparison website moneysupermarket.com. However good a person’s credit card deal might be, using money borrowed in this way…
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Young British travellers often find themselves with a debt management headache to deal with when they head back to the UK, it has been suggested. Tom Griffiths, founder of gapyear.com, explains that people taking time out between school and university…
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