The recently introduced 2006 Consumer Credit Act hopes to prevent lenders from leaving credit consumers out of pocket and unfairly facing serious debt management or debt management concerns. And the new law has been hailed by the government as one…
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Nicholas Leeming, director of property website propertyfinder.com, claims the average mortgage repayment for the British homeowner has increased by £120 per month compared with the same month in 2006. “On top of that, the typical first time buyer has now…
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Concerns that interest rates are due to rise leaves many people looking to avoid being vulnerable to heightened debt management pressure, figures from the Council of Mortgage Lenders (CML) have suggested. Fears over potential debt management issues have helped push…
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The site suggests that unless consumers are fully aware of the kind of costs associated with spending on their plastic products while abroad they consumers could be heightening their debt management problems and face a hefty bill when returning to…
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Debt management problems can pile up if the details of a purchase are not understood by consumers, who can subsequently face unexpected bills for repairs to household goods or electrical items, comparison site Gocompare.com explains. Insurance arrangement oversights are one…
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Its argument centres on the proposed establishment of a generic financial advice service in Britain to help lift those on low incomes out of debt management trouble and bring people into the financial mainstream. So far many major financial service…
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Paul Smith, chief executive of haart estate agents, asserts that a rise in the cost of borrowing would have had a negative impact on Britain’s housing market, which he claims is still reeling from the shock rate increase in January.…
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Britain’s base rate of interest is to be held at 5.25 per cent, giving those people facing debt management a welcome reprieve from higher repayment charges, the Bank of England’s monetary policy committee (MPC) has decided. A decision not to…
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