Britons are “steering clear” of getting into more debt in the wake of the credit crunch, a new poll has suggested. Figures from Fairinvestment.co.uk have shown that 74 per cent of UK adults have refrained from borrowing any more money…

More Britons are buying “no frills” goods in order to help them with debt management in the wake of the economic downturn, it has been noted. A survey by Abbey Credit Cards has shown household products and food to be…

It is becoming more common for people to pay for “convenience” goods using their debit cards, it has been noted, something that may help them avoid building up credit card debt. Tim Pie, a spokesperson from HSBC, said that consumers…

A variety of measures for people struggling with debt management unveiled in last week’s Budget have been welcomed by the consumer affairs minister. Gareth Thomas hailed the proposals set out by the chancellor during last week’s address in the House…

Measures outlined in yesterday’s Budget announcement aimed at helping low-income families and homeowners struggling with debt management have been welcomed by Citizens Advice. Director of policy Teresa Perchard said that the extension of the Support for Mortgage Interest Scheme –…

Budget tax increases that could be unveiled in chancellor Alistair Darling’s announcement tomorrow (April 22nd) may have an adverse effect on households already struggling with debt management, it has been claimed. Sharon Bratley, a chartered financial planner for Fairinvestment.co.uk, noted…

Britons have been paying back more money in an effort to work towards becoming debt free, figures have suggested. Research by Unbiased.co.uk found that at the end of last year, UK adults were repaying £1.76 for every pound that they…

Consumers with credit card debt charging high levels of interest have been advised to address this first. David Kuo, director at the Motley Fool, suggested that those considering debt management tactics should focus their focus their attention on forms of…