As many as one in five households in the UK are using credit cards to pay their domestic bills.
Research by comparison site TotallyMoney.com found …
Continue reading the "A fifth of Britons pay household bills by credit card" »
The problem of catalogue debt could be far greater than payday loans.
New figures released by Citizens Advice showed it handled 62,000 calls for he…
Continue reading the "Catalogue debt ‘more serious than payday loans’" »
More and more pensioners are turning to credit cards to fund spending on luxury items.
A report commissioned by Liverpool Victoria (LV) found 33 pe…
Continue reading the "Pensioners turning to credit cards to fund spending" »
The number of people seeking help for issues with payday loans providers has almost doubled in the last year.
This is according to the debt charity…
Continue reading the "Twice as many people seeking help for payday loans problems" »
Families with poor credit ratings purchase more household expenses on finance.
This is according to credit card provider Aqua, which has released i…
Continue reading the "Poor credit rating costs families more" »
Nearly one-quarter of parents will pay for this year's summer holiday using a credit card.
Research by Halifax has discovered many househ…
Continue reading the "23% of parents rely on credit cards for summer holidays" »
Consumers need to be confident they can cover their repayments before borrowing money.
This is according to financial expert Martin Lewis, who caut…
Continue reading the "‘Consider need’ when borrowing money" »
The future looks bright for consumers as a significant reduction in household debt-to-income ratio has been recorded.
Figures supplied by the EY It…
Continue reading the "Household debts reduce as confidence returns to market" »
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