According to moneysupermarket.com, nearly £200 can be wiped out from energy bills by switching to an online tariff as part of a debt management plan. Paul Schofield, head of utilities at the price comparison website, said: “Energy companies used the…

Apacs added that once cash and cheques are taken into account, December’s projected debt figure rises to £51.6 billion, a 6.6 per cent increase on the 2005 figure. “Overall our penchant for plastic continues and it looks as though this…

A Consumer Credit Counselling Service spokeswoman urged consumers to start their debt management plan now in order to have a prosperous new year. “People tend to stick their head in the sand when it comes to Christmas spending and worry…

In the CreditExpert.co.uk report, 41 per cent of adults said that they were worried about household bills and 11 per cent fewer people now expect to be able to pay their bills. “The recent increases in household bills have hit…

According to John Charcol, anyone with a mortgage or loan linked to the interest rate should start their debt management now as a rise is likely, increasing the amount of repayments required each month. Ray Boulger, senior technical manager at…

Standard Life claims that reviewing a customer’s full financial situation is “paramount”, particularly when issuing large loans such as mortgages, or else it could lead to a debt problem. Anne Gunther, chief executive of the bank, said: “As a responsible…

Tessa Jowell stated that regulations will benefit consumers while offering help to those whose addiction spirals out of control and leads to a massive debt. One proposal to help people tackle their debt problems is to allow them to sign…

Linking up with the Financial Services Authority (FSA), Teachers’ TV will show the Financial Capability programme to build up confidence in money matters for educators and to aid teaching of personal finance. Commenting on the launch of the new series,…