Credit card users in the UK have been urged to clear their debts as soon as they possibly can. According to the Consumer Credit Counselling Service (CCCS), people with large amounts of outstanding credit card debts need to be paying…
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Interest repayment rates in the UK have been soaring over the past 12 months, according to the latest data from the Credit Action charity. The organisation reports that the amounts being paid out as interest by Britons with debt management…
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The Bank of England’s decision to hold the base rate of interest at 5.5 per cent will cost British consumers millions of pounds of the course of the next month, it has been claimed. John Charcol has asserted that homeowners…
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A report from the Post Office has highlighted a growing reliance on credit card debt among consumers around the UK. Research carried out on behalf of the organisation found that a quarter of all credit card holders are now more…
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The base rate of interest has been maintained at 5.5 per cent, the Bank of England has announced. Economic experts are convinced that the rate will be reduced at some point over the course of the next few months, but…
Third party organisations are the best option for consumers looking for debt help, it has been suggested. According to the Consumer Credit Counselling Service (CCCS), banking groups and money lenders are not ideally placed to offer appropriate financial advice to…
The rises in energy prices for consumers in the UK have been described as unfair by an industry watchdog, it has emerged. With millions of people already dealing with debt management problems around the country, experts expect to see energy…
Experts at Defaqto have warned that borrowing small amounts of money can often lead to a long struggle to become debt free, because of the relatively large interest rates such deals tend to entail. According to the research firm, loans…
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