Those who rent a home are being encouraged to stick to tenancy arrangements in order to avoid debt. Mydeposits.co.uk, the government-authorised deposit protection scheme, has warned that many tenants are ending up out of pocket after breaking contracts. Around 12…

Consumer debt and the rising cost of borrowing were among the topics discussed at a fringe meeting at the Conservative Party conference, held in Birmingham this week. Mark Hoban, the shadow minister for the Treasury, gave a speech on the…

Charity Age Concern is calling for the government to take action in order to increase the number of people receiving pension credits. A new report from the group, entitled Flagship or Flagging? has found that six out of ten low…

British parents are getting into debt because they do not want their children to miss out on anything, it has been claimed. The quarterly survey from National Savings & Investments has found that 29 per cent use overdrafts and 27…

More than half of British grandparents are being forced to help their families with debt management in the wake of the credit crunch, it has been revealed. A study from Engage Mutual has found that 57 per cent of grandparents…

The majority of people are prepared to switch energy supplier as a form of debt management, a new study has suggested. Research from moneysupermarket.com has found that 80 per cent of those questioned would switch tariffs if it meant a…

Around 21 per cent of people would rather turn to their parents for debt advice than a professional, according to a new survey. A report from Norwich and Peterborough Building Society (N&P) has found that while 74 per cent of…

The British public racked up £5.3 billion in credit card debt paying for goods in DIY stores over the last year, according to a new report. Payments association Apacs has revealed figures that show over four million transactions involving credit…