Home loan borrowing activity in the UK is set to slow over the course of 2008, according to the latest assessment of the Council of Mortgage Lenders (CML). The council has revealed that the scale of lending among its members…
Average British consumers are the ones paying the price for the poor management of the economy by the current government, it has been claimed. Phillip Hammond, a Treasury spokesperson for the Conservatives, is convinced that the Labour Party and particularly…
The lack of free balance transfer offers available to credit card users in the UK is having a knock-on effect on the overall debt management efforts of many struggling consumers, according to one expert. Beccy Boden-Wilks from National Debtline has…
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A recent study has suggested that there is a widespread ignorance of the importance of checking credit reports in the UK. Figures from Moneysupermarket.com have shown that only one in six Britons intend to check their reports this year and…
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Millions of British consumers are ignoring the risks to their finances and taking on debt in order to boost their own image, according to a new report. A study carried out on behalf of CreditExpert found that almost a third…
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A total of around £25 billion worth of unsecured personal debt that may not be paid back is currently outstanding in the UK, it has been claimed. Research by the credit risk management group TDX has shown that there are…
Millions of British consumers are putting their spending plans on hold as they aim to protect themselves from the financial fallout of the credit crunch, according to a new report. Figures compiled by Mintel have shown that debt management and…
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Many young British consumers have been struck with fear over the state of the economy and the prospect of recession, according to recent research. Debt management problems are squeezing thousands of young families and economic issues are taking their toll…
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