The CPP Group has found that a number of identity fraud exploitations has caused debt to have been accrued under consumers’ identities without their consent or knowledge, with unsecured loans accounting for 17 per cent of all identity fraud cases…
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InsureandGo has found that holidaymakers could be given debt management problems by unauthorised use of their debit and credit cards, with 7.1 million people in the UK aware of someone who has been affected in this way. The research carried…
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In addition, the Registry Trust has released figures that show the number of CCJs issued hit a ten-year high in the early part of 2007 as consumers across the UK struggle to deal with their debt management problems. Estimates from…
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Mr Cable maintains that with mortgage approval rates falling for the past three months and debt management difficulties continuing to impact millions of Britons there could be serious economic problems ahead. Furthermore, the economic expert suggests that the apparent optimism…
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The Debt Advisors Direct company is convinced that consumers who overcome their fears about the stigma that can sometimes be associated with debt management problems will help themselves in the long run if they seek appropriate advice. And the firm…
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Frances Walker maintains that while the majority of borrowers in Britain do not encounter any serious debt management problems, for those who do the issues extend beyond purely financial concerns. “Something like between four and eight per cent of people…
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According to figures from Credit Expert, one in 20 Brits face further debt management difficulties every time they take a trip and 12 million people head into the red to pay for their holidays. In addition, close to one fifth…
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With the country’s debt management problems continuing to increase, the financial services firm has suggested that there are now around 8.5 million “secret spenders” across the UK. Consumers living in London are among the most likely to lie about the…
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