Parents are concerned about their children’s debts should also take care of their own financial wellbeing, Addidi Wealth has said. Following the release of a report by investment provider Skandia revealing 40 per cent of parents are worried about having…

People may look to price comparison sites for a consolidation loan because they seem an easy way to search through options, but Which? has said they may not be as simple as they look. According to the consumer magazine, the…

British adults know less about personal finance than a year ago, according to a study released by Abbey. The bank found one in seven people were unable to achieve a mark of over 40 per cent in a GCSE-level exam…

The UK’s first Debt Worry Index shows a third of struggling debtors will never afford to repay all they owe and families are much worse off than childless debtors.

The Centre for Economics and Business Research (CEBR) has said rising inflation levels will have real effects on families’ cost of living. For the poorest families, financial struggles may result in debt management issues or credit card debt. CEBR economist…

Shoppers may be adding unnecessary costs to their purchases by using high-interest store cards, Alliance & Leicester has warned. A quarter of British consumers have store cards, which have an average interest rate of 26 per cent, the report said.…

A new debt advice community website has been launched – ReallyWorried About Debt – and new research on the issue has been released. Over 9,500 people were questioned on ClearDebt’s website, making it one of the largest surveys undertaken in…

Figures released by Key Management Solutions has indicated British people are heading into retirement with debt management issues. The study of people aged over 55 who have released equity from their homes found one-third are in the red, with collective…