Debts to energy companies are leaving many thousands of British consumers unable to switch provider, it has been claimed. According to figures from MoneyExpert.com, close to three-quarters of a million people have missed the payment date for an energy bill…
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A new report has highlighted the extent to which British pensioners are struggling to clear their credit card debts. Figures from Engage Mutual Assurance have shown that more than one in ten pensioners around the country have outstanding credit card…
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The financial squeeze currently being felt by households across the UK could be here to stay, according to one expert. Reflecting on the recent price rises for food and fuel being seen around the country, Chris Tapp from Credit Action…
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British consumers need to avoid reliance on debt as they aim to manage their finances effectively, according to one expert. Chris Tapp, director of the charity group Credit Action, is convinced that the rises in everyday living costs could see…
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The number of people facing County Court Judgments (CCJs)due to the extent of their debt management woes has been rising significantly across the UK in recent months. Certain areas of the country have been particularly hard hit in this respect…
The scale of mortgage landing activity across Britain was reduced during March of this year, according to the latest data. Figures from the Council of Mortgage Lenders (CML) have shown that the number of Britons taking on a home loan…
The Office of Fair Trading (OFT) has revealed its intention to assess the fairness of the so-called sale and rent-back market in the UK. With debt management problems worsening for many homeowners, the OFT expects to see a rise in…
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Credit card lenders operating in the UK have been urged to be honest with their customers about why they are having their borrowing limits cut or their accounts closed altogether. Research by uSwitch.com has found that 1.6 million Britons have…
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