The credit crunch that has been causing turmoil in financial markets around the world is about to hit home with consumers in the UK, it has been suggested. According to the Guardian’s economic expert Deborah Hargreaves, the problems that have…
A total of 13 debt collection companies have been warned about their conduct by the Office of Fair Trading (OFT), it has emerged. The businesses cited have fallen foul of the OFT’s rules governing acceptable behaviour with regards debt collection…
Consumers facing debt management problems in the UK need to make sure that they know where they can get help with their personal finance issues, it has been suggested. In the wake of bad news on the British economy, the…
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Prime minister Gordon Brown has been blamed by the Conservative Party for allowing a “debt bubble” to develop in the UK over the course of the past decade. Following the release of figures that show house prices fell by 2.5…
British consumers are increasingly using credit card debt in a way that effectively removes the need for a short-term personal loan, it has been claimed. According to a report from Moneysupermarket.com, there has been a trend in recent months and…
British government ministers have been urged to take action to remedy the lack of free advice available to heavily indebted consumers. The Liberal Democrats have insisted that more needs to be dome to help the tens of thousands of families…
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A new set of laws have been introduced that will aim to clamp down on what are deemed to be rogue money lenders operating in the UK, it has emerged. The government has claimed that its newly-introduced Consumer Credit Act…
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British consumers are becoming increasingly keen to take on mortgage loans that offer long-term assurances about their interest rates, it has been suggested. A study by the Fair Investment Company concluded that more than a third of Britons would be…
Continue reading the "Brits ‘want interest rates assurance’" »
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