Research by the Association of Business Recovery Professionals (R3) also found that, despite the increasing prevalence of debt management problems across the UK, only eight per cent of those polled found it difficult to access credit. Moreover, a full 62…
Continue reading the "Debts ‘out of control for 1 in 5 Brits’" »
Each firm has been fined £10,500 as the FSA takes steps to clamp down on mortgage lenders handing out loans that leave consumers with an unsustainable debt management situation. As part of a review of more than 250 companies around…
Continue reading the "Mortgage lenders slammed for ‘poor processes’" »
With debt management difficulties already mounting for millions of consumers, the latest figures suggest 25 per cent of young holidaymakers will turn to their parents for financial assistance this summer. The research carried out by Lloyds TSB also discovered that…
Continue reading the "Young holidaymakers ‘adding to parents’ debt woes’" »
Mr Morris lays part of the blame for the worsening debt management difficulties being faced by millions of consumers across the UK at the door of money lending businesses around the country. “The market is giving money away too quickly…
Continue reading the "Expert slams ‘careless’ money lenders" »
Research carried out by Lloyds TSB found that around 79 per cent of Britons feel sure that the pressure on those facing debt management concerns will be increased at some point during the coming year. Furthermore, with debt management pressures…
Continue reading the "Brits ‘fear another interest rate hike’" »
Figures from MoneyExpert.com show that debt management issues are still getting worse for many thousands of Britons who borrowed money to fund their holidays in 2006. In addition, around 920,000 UK consumers have only recently managed to pay off the…
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However, Citizens Advice is convinced that as things stand, with a High Court battle over penalty charges set to get underway, thousands of consumers could find themselves out of pocket and facing more debt management difficulties. “Consumers desperately need clarity…
Continue reading the "Citizens Advice calls for clarity over bank charges" »
Figures from Abbey show that around 2.4 million Britons have so many pin codes to remember that they often write them down and to be left in a wallet along with the relevant credit or debit card. And with millions…
Continue reading the "‘Pin code overload puts money at risk’" »
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