Chris Tapp, associate director at national money education charity Credit Action, suggests that for those in their 20s or 30s the fear of suffering a damaged reputation is less significant when it comes to debt management. “It [avoiding bankruptcy] is…

Managing director of SmartNewHomes.com David Bexon suggests many people across Britain are put off purchasing a new home due to the additional debt management problems that they could face in the wake of rising repayment rates. And this apparent trepidation…

Richard Snook, from the Centre for Economics and Business Research (cebr), suggests that there is a strong chance that inflation in the UK will rise above targets set by the Bank of England (BoE) and a rate raise could be…

The charity expects debt management advice to increase this year and said that BBA figures which show credit card borrowing to have contracted merely shows that people are borrowing in different ways. However, David Dooks, BBA director of statistics, said…

According to moneysupermarket.com, banks are set to introduce hidden fees, house prices will continue to rise and interest rates on loans will increase. Stuart Glendinning, managing director at price comparison website, moneysupermarket.com, said: “2007 will be the year of the…

This was nine per cent more than in October and 19 per cent more than last November, when loans only totalled £27.7 billion. CML director general Michael Coogan said: “Not only is today’s lending figure the highest ever, our recently…

Alliance & Leicester claims that over 14 million adults – over half of all workers – would struggle with debt management without a job, as a fifth say they have no insurance or savings to protect them. Lindsey Henson, manager…

According to a spokesman for the association, late shopping can mean that people spend more than they plan to, fuelling debt problems. Brian Capon said: “You tend to find that men, in particular, tend to go out last-minute to do…