British consumers and would-be borrowers have become generally pessimistic about their chances of being approved for credit, it has been suggested. A recent study found that two-thirds of people believe they would stand no chance of being given a loan…
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Close to half of all credit card users in the UK are unaware of the annual percentage rate (APR) payable on their plastic, new research has found. In fact, more than a third of all people who use credit card…
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Credit deals available in the UK are getting worse as far as borrowers are concerned, according to a recent study. Figures from Moneyfacts have shown that the costs associated with taking on credit card debt have been increasing in recent…
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The level of personal debt among UK consumers is rising by just over £300 million every day, according to the latest figures from Credit Action. Collectively, British borrowers pay out close to £258 million in interest each day and the…
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An increasing number of British consumers are fearful that they will not be able to clear debt, according to recent research. Figures compiled by MoneyExpert show that a total of around 13.1 million people in the UK are worried about…
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Citizens Advice has launched a new campaign aimed at promoting awareness of ways to avoid and deal with fuel debt in the UK. The Energy Best Deal initiative is designed to help low income families and consumers deal more effectively…
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A report from American Express has highlighted the extent to which British consumers tend to overspend when they go on holiday. Many people have been unable to go on holiday because of their debt management difficulties but fewer than one…
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The financial strain brought on by the credit crunch has left millions of British homeowners feeling trapped, new research has suggested. According to figures from Gocompare.com, there are close to 3.6 million people in the UK who feel that their…
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