Thousands of young British consumers are unaware of how much debt they have accumulated, according to the latest figures from Unbiased.co.uk. Research by the financial services firm shows that around 41 per cent of UK consumers aged between 18 and…
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With thousands of young Britons preparing to start university life, students have been warned that they should take steps to ensure their debt management problems do not spiral out of control. Financial comparison firm MoneyExpert.com reports that that the average…
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For some credit consumers in the UK the consequences of borrowing money can be worse than being handed a prison term, according to one personal finance expert. David Kuo, from the finance information firm Fool.co.uk, suggests that while poor debt…
As debt management problems worsen for millions of consumers around the UK, new research has shown that Britons spend billions of pounds each year to “keep up with the Joneses”. Peer pressure prompts 19 per cent of people in the…
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As millions of British consumers continue to deal with debt management problems, new research has shown that entertaining children during the school holidays can be a costly business. Figures from Sainsbury’s Bank show that British parents typically plan to spend…
The fact that thousands of prospective university students can expect to graduate with “ridiculous” levels of debt is “not right”, according to one 20-year-old studying at the University of Lincoln. Laura Collins is aiming to get a degree in forensic…
As millions of consumers deal with debt management difficulties across the UK, new research from Abbey has shown that lending money from friends can often lead to further problems. The recent study found that around 3.5 million Britons have argued…
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Consumers around the country could be risking debt management problems in their desperation to get a foot on the housing ladder, a new report has suggested. Bradford & Bingley has warned would-be first-time buyers to be careful not to overstretch…
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