The Consumer and Housing Prospects report published this week by the centre for economics and business research (cebr) points to the likelihood of high rates of interest and low house price inflation stretching the finances of millions across the country.…
Continue reading the "Consumers face “tough time” during 2008" »
With debt management difficulties mounting for consumers across the country, the building society has revealed that people from different areas look after their money in a variety of ways. Over a quarter of all British people use a traditional piggy…
Continue reading the "Leeds tops worst saver poll" »
Divorce lawyer Vanessa Lloyd-Platt suggest that while there is little to be gained from a joint loan arrangement, one or other marriage partner might well end up facing the prospect of paying back the entire debt on their own. In…
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Billy is keeping his debt management difficulties a secret from his on-screen wife Honey and hiding final bill demands as his financial problems spiral out of control, which is all very familiar behaviour to Debtmatters’ expert Michael Shirley. Mr Shirely…
Continue reading the "Expert outlines symptoms of “debt denial”" »
With millions of Brits already facing debt management difficulties, the amount of money consumers need to borrow to buy a home increased by a further 0.9 per cent during April, recent figures demonstrate. And this increase equates to an average…
Continue reading the "House prices continue to rise" »
With bank charges stretching further the finances of those facing debt management difficulties, the past three months have seen current accounts become a “new switching battle ground”, according to MoneyExpert. Figures from the price comparison service show a current account…
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Around 4.5 million Brits aged 55 or over have not made financial plans for their forthcoming retirement and many of these consumers could face debt management troubles as a result, research from Abbey Savings suggests. In addition, finding a debt…
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Finances are being tightened and debt management woes are mounting across the country, while the average household running cost now amounts to £11,035 each year, Sainsbury’s Bank research suggests. Essential expenditures for many people such as energy supplies and mortgage…
Continue reading the "Household costs ‘up 12% in two years’" »