Around a third of UK adults do not have any funds set aside that they could use in an emergency, a survey has revealed. In addition, the poll from National Savings and Investments discovered that many people would rather go…
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The majority of UK adults have changed their spending habits since the onset of the recession, new figures have found. A survey carried out by Norwich Union has discovered that 81 per cent of people have altered their behaviour towards…
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The majority of Britons are looking to improve their debt management by lowering driving costs, a new survey has suggested. Figures from Saga Motor Insurance have revealed 70 per cent of those polled have taken action to reduce the expenses…
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Today sees new rules for some people struggling with debt management come into force. The government has introduced debt relief orders, which give borrowers a 30-day period to sort out their finances after appointing a debt advice firm to assist…
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There has been a change in attitudes towards borrowing since the onset of the economic downturn, it has been stated. Low interest rates have prompted people to work towards becoming debt free, according to Vicky Redwood from Capital Economics. “The…
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New guidelines have been issued for borrowers who need debt advice because they have fallen into mortgage arrears. A leaflet entitled Can’t Pay Your Mortgage? has been published by the Building Societies Association (BSA) and the Money Advice Trust in…
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Many consumers who have not been hit particularly hard by the credit crunch are still remaining “cautious” with their finances, it has been claimed. It comes after a study by research organisation BDRC found that while 34 per cent of…
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Britons are beginning to give more importance to the value of money in the wake of the credit crunch, a new survey has suggested. Research carried out by GfK NOP on the behalf of the Charities Aid Foundation (CAF) has…
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