Buying a car with their heart, rather than their head, could leave Britons at risk of developing greater debt, in light of findings from Experian. The financial insight provider has published research which indicates that men are more likely to…
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There is a greater desire among young people to be debt free on graduation from university, it has been noted. Figures from child trust fund provider The Children’s Mutual indicate that young Britons are making greater attempts to save money…
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A new study has found serious debt is the second biggest financial worry for British consumers. In a survey by Fool.co.uk, managing serious debt is the second “biggest financial gaffe”, with one in 14 people questioned (seven per cent) saying…
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The Council of Mortgage Lenders (CML) has released new statistics on mortgage arrears and property possessions, revealing a rise in the number of people battling with debt management. Possessions have increased to 0.16 per cent from 0.11 per cent recorded…
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People may be facing debt management problems or seeking debt help due to the suddenness of the economic slowdown, comments by a financial expert suggests. While a gradual decline would have prepared consumers, the rapid move from a healthy economy…
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A new report has shown the UK is experiencing worsening financial problems, with debt and inflation rising. The latest Financial Reality Index from the Alliance Trust Research Centre found consumer finances hit the “worst ever level” for 11 years in…
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Charities and campaigners have expressed concerns for UK families’ welfare after energy suppliers EDF and British Gas announced increases in bills. This week British Gas revealed its gas customers would see a 35 per cent rise, while duel fuel tariffs…
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New research has found almost 5.3 million people – eight per cent of consumers – are spending more than they earn, potentially heading towards debt management problems, arrears and bankruptcy. The study released by Legal & General found 57 per…
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