Citizens Advice has revealed it is extending opening hours in order to offer more debt help to the beleaguered British public. The charity is making use of a £10 million government cash injection to boost its services, which include offering…
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A deal that could help loved-up borrowers with their credit card debt this Valentine’s Day has been highlighted by Halifax. Figures from the bank revealed that last year, many people splashed out on their cards to treat their partners on…
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Borrowers have been advised to switch to a zero per cent interest introductory deal in order to tackle their credit card debt. Ian Boden-Smyth from the UK Insolvency Helpline said that doing so is one of the “easiest” ways to…
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Regulators must do more to offer debt help to the population throughout the recession in order to prevent poverty from growing, it has been argued. Citizens Advice has warned that it has seen “sharp increases” in the level of requests…
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Millions of people will be reliant on borrowing in 2009, new research has suggested. The Post Office’s latest consumer credit report has noted that more than 10 million adults are intending to use their credit cards to pay for everyday…
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Many borrowers have failed to transfer their credit card debt to a zero per cent introductory offer as they intended, new figures have revealed. Research from Abbey Credit Cards has found that two-thirds of Britons who had resolved to switch…
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Borrowers need to become more vigilant in order to avoid credit card debt being built up in their name without their knowledge, it has been claimed. Kerry D’Souza, a card fraud expert for CPP, noted that banks have made improvements…
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Debt management by consumers is needed to fight the recession, it has been suggested. According to David Kuo of Fool.co.uk, restoring the confidence of consumers is an important task in the current economic slowdown, particularly as personal debt levels continue…
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