People need to become more “savvy” about online fraud in order to avoid credit card debt being accrued in their name without their knowledge, it has been suggested. Fraudsters are becoming “smarter” about accessing individual’s accounts and taking advantage of…
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Britons have been working all year just to be able to pay the interest on their debts, it has been suggested. Figures unveiled by Unbiased.co.uk have found that the population of the UK has worked for the first 83 days…
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New rules announced by the government this week could mean people are forced to seek debt help earlier than they would have done, an expert has said. Becky Boden-Wilks, a spokesperson for the Money Advice Trust, stated that regulations stopping…
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The government has announced plans to help consumers that may be tempted to build up credit card debt they cannot afford. Consumer affairs minister Gareth Thomas revealed that credit card companies are to be targeted by new legislation. It will…
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Those approaching retirement in 2009 are expecting to receive less money per year from their pensions compared to those who stopped working in 2008, a new survey has revealed. The Prudential Class of 2009 retirement poll revealed that the expected…
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Many Britons owe “substantial” amounts of money in areas such as credit card debt, it has been noted. A spokesperson from Citizens Advice stated that more people are turning to the charity for help with money problems, such as “day-to-day”…
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The average UK adult owes over £4,000 on products such as unsecured loans, credit cards, overdrafts and store cards, new figures have revealed. Data released by Credit Action for January 2009 has outlined the level of debt held by Britons,…
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Consumers have been warned to beware of rising levels of internet scams that could result in credit card debt being built up without their knowledge. Cifas, the UK’s fraud prevention service, has recorded a 207 per cent rise in the…
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