The total increase in credit card debt accumulated by UK consumers during November of last year was £300 million more than the same figure for the previous month, it has been revealed. December tends to be a particularly busy month…
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Many British consumers are resigned to the idea that any financial advice they receive will not be of the highest quality, according to a recent report. Research by the Financial Services Consumer Panel suggested that there is a good deal…
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Insolvency rates across the UK will soar during the early part of this year, according to the latest predictions from accountancy firm Grant Thornton. The company’s personal insolvency practice is convinced that a total of around 110,000 Britons will be…
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Young British consumers could be heading for serious debt management problems given their current “credit hungry” attitude, it has been suggested. A recent study by Checkmyfile has found that Britons aged between 22 and 34 are among the least likely…
British consumers have been urged to check the overdraft conditions associated with their current accounts in order to avoid unnecessary debt management issues. MoneyExpert warns that many people around the country could be facing extra charges because while 40 per…
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Close to one in four of the UK’s adult population has debts that are considered to be unmanageable, according to figures recently compiled on behalf of uSwitch.com. The financial comparison firm claims that there are now almost ten million people…
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A number of money-saving tips that could help UK consumers become debt free have been offered by personal finance experts at the Fair Investment Company. Switching energy or mobile phone deals to a more competitive alternative is one way that…
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Millions of consumers from across the UK are dreading their first bills of the new year, recent research has suggested. According to figures compiled by the Financial Services Authority (FSA), close to a quarter of all Britons aged between 16…
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