British consumers have been urged to shop around to find the most competitive personal finance deals on the market. It is possible, despite the recent turmoil in financial markets, to save money and potentially avoid debt management problems by taking…
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Unemployment levels in the UK will start to rise in months to come, according to one economic expert. Howard Archer, chief UK and European economist at Global Insight, claims that while the most recent unemployment data for the country shows…
The number of people applying to enter an Individual Voluntary Arrangement (IVA) looks set to increase this year, according to one expert. With credit deals more difficult to attain and the cost of borrowing likely to increase, Chris Tapp from…
For many people in the UK, the cost of living is increasing considerably faster than their wages, it has been claimed. Chris Tapp, director of the Credit Action charity, suggests that while certain sectors of the UK population have seen…
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Indebted British homeowners are seeing their finances squeezed from three separate sources, it has been suggested. The National Homebuyers company claims that remortgaging has become more difficult for anyone coming of a fixed-rate deal, interest rates are at relatively high…
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While millions of UK consumers are dealing with debt management problems, one of the country’s biggest energy firms has announced its plans to increase prices. It is anticipated that the price hikes being introduced later this month by EDF Energy…
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The rate at which would-be borrowers in the UK were refused credit applications increased over the course of last year, it has been revealed. According to research carried out by Equifax, there was 16 per cent more people turned down…
Credit card debt accumulated over the Christmas period looks set to be hanging over the heads of millions of UK consumers for months to come, according to recent research. Sainsbury’s Bank estimates that around 18 per cent of all festive…
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