British consumers are being forced to face up to the reality of their own financial circumstances, according to recent research. A study by the Alliance Trust Research Centre has concluded that more and more families are having to reign in…
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Demand for debt among UK consumers is being constrained by the range of pressures on personal finances, it has been suggested. According to the latest assessment from the British Bankers’ Association (BBA), fewer people are applying to their high street…
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The Bank of England’s monetary policy committee (MPC) was split over the issue of where to set the base rate of interest when they met earlier this month, it has been revealed. Minutes from the latest meeting showed that six…
Consumers with debt management problems have been urged not to hide these difficulties from their money lenders. In the long run, it is always better to be upfront with creditors about the state of your finance, particularly mortgage lenders, according…
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Borrowers in the UK have been warned to keep their guard up in terms of how they manage their finances, it has emerged. David Kuo from Fool.co.uk has suggested that credit consumers need to remain vigilant to avoid paying higher…
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Millions of people who are facing debt management problems across the UK are in denial about the state of their own finances, it has been claimed. According to a recent report from Moneysupermarket.com, there are some 15 million Britons who…
Thousands of British families have seen their debt management problems worsen as a result of being issued with the wrong bill by their service providers, it has been suggested. Over the course of the past 12 months, almost a third…
First-time buyers (FTBs) across Britain are struggling to cope with their debt management pressures more than they ever have before, it has been claimed. According to a report from Shelter, the average monthly mortgage payment rate has risen at more…
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