In its report on the success of the National Strategy for Financial Capability, the authority states that it has helped “thousands” and will go on to help a further ten million with financial and debt management advice by 2010. John…

According to Lloyds TSB premier American Express credit card, failure to consider gifts as part of a debt management plan is costing £736 million each year. “Life can be stressful and leaving things to the last minute can not only…

Yet according to IFA Promotion, around half will break this promise of better debt management as 52 per cent of people breach a new year resolution by June. “Many of us clearly have good intentions when it comes to sorting…

Alliance & Leicester’s report states that even when excluding mortgages, the average divorcee ends up with £4,984 of debt and is also likely to have no savings left. Findings also indicate that those preparing for a divorce would also benefit…

According to MoneyExpert, people looking to transfer their debt with a BT to take advantage of zero per cent interest offers could be paying as much as £300 for the deal. “Playing your cards right is becoming more and more…

Sir James Perowne, chairman of the Consumer Council for Water Midlands, said that this sum is a 6.5 per cent increase in debt more than 12 months old compared to last year. “This news is not surprising, particularly as household…

Vincent Cable, the Liberal Democrats’ financial spokesman, said that while banks may have been lending to the wrong people, the government had a role to play in sorting out problems. “The government’s response to the debt crisis is to snipe…

The Debt Counsellors claims in its new study that UK debt stands at £1.25 trillion and a sudden drop in income, such as the loss of overtime or ill health, is a major cause of this problem. John Porter, a…