The number of people seeking to take out debt consolidation loans as a way of reducing their outstanding debts could be set to increase as the recession ends, it has been suggested. According to Champion Finance, debt consolidation loans have…
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A number of families in the UK are delaying booking their summer holidays because of concerns over their finances and debt management, a new report has suggested. Approximately 36 per cent of people who have not booked yet told Tesco…
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Britain’s self-employed people are suffering the most during the current economic climate, one expert has claimed. According to recent statistics by ClearDebt, those working for themselves have experienced a drop in annual income from £36,000 to £32,000 over the last…
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Government proposals to increase Air Passenger Duty will have a detrimental effect on families who are already feeling the strain of the credit crunch, one expert has suggested. Lorna Cowan, editor at Which? Holiday, said the move could take up…
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Vehicle owners should keep their cars carefully maintained to prevent expensive problems arising, one expert has claimed. Alex Wells, press officer at the Retail Motor Industry Federation implied that ignoring a small problem on an automobile could end up costing…
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Brits are increasingly looking to stay in the UK due to the economic downturn, one expert has suggested. Bob Atkinson, travel expert at Travelsupermarket.com, said many individuals are still taking the same number of trips as usual, but are looking…
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People in the UK could begin to fear retirement as new research shows that pensioners owe 234 per cent of their income. Figures compiled by ClearDebt have revealed that the typical retiree has just under £25,000 worth of debt, which…
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People finding themselves sliding into financial difficulty need to make sure they attempt to get advice as soon as possible, one expert has suggested. Beccy Wilks, spokesperson for charity Money Advice Trust, said anyone in debt needs to know all…
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