Honesty is the best policy when it comes to dealing with a debt management problem, according to the Consumer Credit Counselling Service (CCCS). The organisation is convinced that indebted Britons will only add to the stress of their financial circumstances…
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Personal finance lessons in schools would eventually help to ease the crisis of personal indebtness in the UK, one expert has suggested. According to Rachel Lacey, editor of Moneywise, giving young Britons a better understanding of money-related issues would help…
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Consumers of all ages are seeking debt advice as personal finance problems worsen for families around the country, it has been suggested. Richard Bristow, manager of a Citizens Advice branch in Dorset, has claimed that many people have been unable…
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Credit card users have been urged to pay close attention to their spending after one financial services firm decided to stop allowing its customers to spend via plastic. Fool.co.uk has warned that borrowers between the ages of 34 and 49…
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British households are wasting hundreds of pounds each year by failing to secure the most competitive personal finance deals available to them, it has been revealed. With millions of people around the country struggling to become debt free, research from…
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Creditors were to blame for the fall in the number of people entering an Individual Voluntary Arrangement (IVA) last year, according to David Mond, chief executive of ClearDebt. Mr Mond is convinced that thousands of consumers have been denied access…
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The Conservative Party has blamed prime minister Gordon Brown for the rising level of personal bankruptcy in the UK, it has emerged. According to the Tories, it has been Mr Brown’s lack of competent management of the economy that has…
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The UK’s overall personal debt management burden has been swelled by close to £120 billion over the course of the past 12 months, according to recently compiled data. Figures from the Credit Action charity show that consumers around the UK…
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