There is a clear move on the part of many consumers to pay off their credit card debts, ahead of other money owed such as on mortgages.
Such a tren…
Continue reading the "Consumers ‘trying to reduce credit card debt’" »
More evidence has emerged that Britons are weaning themselves off the debt habit.
The latest Bank of England Trends in Lending figures ha…
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Britons have found their spending power has been squeezed yet further, making life harder for those who are in debt.
This was the conclus…
Continue reading the "Debt consolidation may be preferred by squeezed consumers" »
Payday loans have gone from being a seldom used form of credit to a common means of borrowing, a development that could leave many people deep in unpa…
Continue reading the "Payday loans ‘becoming accepted norm’" »
New mothers are among the people likely to suffer from credit card debt, according to a new study.
Research by uSwitch found 28 per cent …
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Consumers struggling with debt may find their situation gets even tougher due to the worsening of the inflation situation.
With the Consu…
Continue reading the "Real wages ‘still in decline’" »
The average Briton only regards themselves as being in serious debt when it reaches £14,416, a new survey has found.
The financial safety net…
Continue reading the "IVA could be needed when debt gets ‘serious’" »
The economy is not going back into recession, but growth will be low because large firms are not spending their huge cash reserves, a new report has c…
Continue reading the "Big firms fiddle while Britons burn with debt" »