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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Debt is endemic among young people around the UK, according to a new report from the charity group Rainer. Almost nine in ten of the respondents to a survey by the organisation said that they were dealing with debt management…
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A new report has highlighted some of the financial problems being faced by parents around the UK. Figures from uSwitch.com have suggested that debt management and money worries are forcing millions of parents to work when they would prefer to…
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Increasingly serious debt management problems are resulting in mental health issues and depression for many thousands of people around the UK, according to a new report. The UK’s leading mental health charity Mind has suggested that the credit crunch and…
Money lenders across the UK have been urged to be more sympathetic to the plight of their customers who are facing a desperate struggle to become debt free, it has emerged. Citizens Advice is keen to see mortgage lenders in…
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Gaining appropriate debt advice can help struggling homeowners avoid having their property repossessed, it has been suggested. According to the Council of Mortgage Lenders (CML), anyone with serious housing-related debt management problems should seek expert help as they battle to…
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Affordable home loans are becoming hard to find and the trend is likely to continue, according to the Royal Institution of Chartered Surveyors (Rics). The organisation is convinced that as tens of thousands of homeowners are obliged to find a…
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Money lenders in the UK have been urged to do more to help homeowners who are struggling to manage their debts effectively. The National Consumer Council (NCC) is keen to see financial services firms take a more nuanced approach when…
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