Debt management problems look likely to worsen for credit consumers across the country following the latest rise in the cost of borrowing and property will become less affordable particularly for first time buyers, the CML suggests. “For anyone wanting to…
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Carol Richardson from wedding planning specialist Confetti suggests that soon-to-be-married couples who decide to borrow to fund their ceremony should shop around to make sure they get a good deal on a personal loan. Establishing a budget and sticking to…
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With consumers throughout the country already dealing with debt management problems, figures from Abbey have shown that parents in the UK spend close to £4.7 billion on keeping their children amused while they are not in school. Furthermore, each parental…
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While debt management problems increase for consumers across the country, around 44 per cent of Britons set off on holiday without having saved the amount of money they intended. In addition, more than a fifth of overspending British holidaymakers increase…
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For many people having itchy feet might mean increased debt management concerns, but Birmingham Midshires’ latest study shows that around 17 per cent of people are keen to move house within the next four years. And those who live in…
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When debt management problems begin to surface consumers should seek out appropriate advice and inform their lenders of any relevant issues, a spokesperson for the organisation maintains. Moreover, Citizens Advice suggests that credit consumers should shop around and make sure…
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In the wake of another increase in the cost of borrowing, the Tories insist that rising costs of living has been Gordon Brown’s legacy after ten years as chancellor of the exchequer. Citing figures from the Bank of England showing…
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With millions of consumers already facing debt management problems, the increase is set to further heighten the pressure on household finances. After the rate-setting monetary policy committee (MPC) voted five to four in favour of maintaining the base rate last…
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