5-card credit card debt
According to MoneyExpert.com, 77 per cent of Britons own at least one card, but the financial website said it fears that this is “further evidence of the British debt crisis as people take out more and more cards to juggle…
According to MoneyExpert.com, 77 per cent of Britons own at least one card, but the financial website said it fears that this is “further evidence of the British debt crisis as people take out more and more cards to juggle…
The average male will spend £161 on their wife or girlfriend, with a quarter spending over £200 on a gift, yet 57 per cent of women are showing more restraint and better debt management by spending less than a £100…
In the Compass think-tank report, children were being “engulfed” by corporate images, with some firms even setting up websites to encourage children to pester their parents to buy goods for them. The UK’s “child-oriented market” has grown to £30billion, Compass…
Continue reading the "Spending and debt ‘killing childhood’" »
As part of a BBC investigation into bank fees, the experts gave the figure after banks refused to detail their costs, despite charging customers up to £39 for going overdrawn. It is already bad enough to enter into an overdraft,…
Continue reading the "£4.50 ‘all banks can justify in fees’" »
Abbey states that £324 million of damages to homes is likely to occur this year, at an average of £522 per claim, prompting calls to ensure that Britons check their homes for anything that could exacerbate damage in bad weather.…
In contrast to older generations, who have accumulated £1.3 trillion of debt, Halifax found good debt management among children thanks to regular saving. With the average weekly income put at £33.59, three fifths of children save all their pocket money…
Britannia found that poor debt management means that “millions of Britons have no control of their finances”. Tim Franklin, director of the building society’s member business, said: “A lot of people have a tight rein on their finances – but…
New figures from Axa show that the average pensioner will spend £346 on presents this year, 21 per cent more than in 2005. To pay for this, some 900,000 (eight per cent) are set to turn down their heating or…
Continue reading the "Pensioners getting in debt for ‘tasteless’ gifts" »
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