Debt management problems are affecting people’s ability to work, the results of a new survey have revealed. Findings from talkaboutdebt.co.uk’s study indicated that 29 per cent of those in serious debt have taken a leave of absence of up to…
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Brits have been advised to turn to the internet to handle financial payments during the upcoming postal strikes so as to avoid incurring fees – a recommendation that could prove particularly useful to people struggling with debt management. Chief executive…
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Those entering into retirement – and those already there – ought to contemplate taking up work during their twilight years, an industry expert has suggested, as a way of boosting their incomes and perhaps prevent them falling into debt. Andrew…
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Those currently out of work could find themselves paying more for products such as home insurance, a comparison website has warned, suggesting that those in debt could find their situations worsening as a result. According to Confused.com, many people remain…
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An increasing number of elderly debtors are turning to equity release as a way to reduce their arrears, new research has indicated. Figures from the Key Retirement Solutions Equity Release Market Monitor revealed that 36 per cent of borrowers choosing…
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The Association of British Insurers (ABI) has launched an initiative to encourage more responsible attitudes towards money by people in order to help them better protect their finances and steer clear of falling into too much debt. Stephen Haddrill, director…
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Prioritisation is a key strategy that consumers should consider if they are struggling to manage their debts, one expert has suggested. Money Advice Trust spokesperson Beccy Boden Wilks recommended ordering debts in terms of importance and seeking help from an…
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Debt management is a major problem for as many as one in four mentally ill people, according to one study. A review funded by the Money Advice Trust (MAT) and the Finance & Leasing Association published by the Royal College…
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