The number of people now turning to pawn shops to bolster their finances is on the increase and the practice of taking on loans in return for personal belongings is becoming more widespread among various sectors of society. Reuters reports…

Robert Kenley, head of credit cards at moneysupermarket.com, suggests that credit consumers around the country are at an increased risk of debt management problems as a result of “hefty” store card repayment rates. Mr Kenley’s comments come in the wake…

An increase to 5.5 per cent when the Bank of England’s rate-setting monetary policy committee (MPC) would heighten debt management difficulties for millions across the country and for many would raise the specter of bankruptcy. But in light of the…

Price comparison service uSwitch claims that the new requirement for store card providers to detail annual percentage rates on payment statements issued to customers does not adequately protect consumers from accumulating significant amounts of debt. The measures have been introduced…

Des Hamilton from the Pensions Advisory Service (TPAS) claims that there could be close to ten million employees around the country who have no savings put aside for their retirement at all. And the proposals from the government to introduce…

Close to one in seven bank accounts are opened and used without the knowledge of loved ones, according to new research commissioned by financial services firm Abbey. Furthermore, the latest study from Abbey suggests that around three-quarters of Brits find…

Howard Archer, chief UK and European economist at Global Insight, also suggests that interest rate rises and an increasingly heavy tax burden will add to the debt management difficulties of people across the UK. Additionally, these factors are likely to…

A report from the online credit information firm suggests that dishonesty within a relationship when it comes to financial or debt management matters is not uncommon. Indeed, a recent survey from Equifax shows that almost a quarter (23 per cent)…