A major increase in the amount of money spent online has been forecast for next month by the UK’s payment association Apacs. The organisation is convinced that some £5 billion will be spent via the internet over the course of…
More than ten million British credit consumers have admitted that their personal loan and credit card debts are nearly or actually unmanageable. Figures from uSwitch.com show that almost a quarter of all British adults are fearful of their financial future…
Continue reading the "Tem million Brits facing up to debt woes" »
The Financial Services Authority (FSA) has called on the UK’s finance sector to ensure that consumers are being accurately informed about the various products available to them as they surf the internet. Around a quarter of all the financial service…
Continue reading the "FSA calls for clarity from financial firms online" »
British consumers are effectively burning away their own money by adding to savings accounts while at the same time paying off interest on their credit card debts, a new study has made clear. Figures from Fool.co.uk show that as much…
Continue reading the "Billions being ‘burnt’ by interest payments" »
Britain has developed a credit culture that has left millions of people struggling to become debt free, one expert has asserted. In earlier decades consumers would save before making any significant purchase, but in recent years easy access to loans…
Almost half of the UK consumers hitting the high street in search of bargains before Christmas will add to their credit card debts to fund their spending, new research has revealed. Figures compiled on behalf of American Express suggest that…
Continue reading the "Credit card debt to fund festive buying" »
A report from the accountancy firm PricewaterhouseCoopers has predicted that the number of people entering an Individual Voluntary Arrangement (IVA) will increase next year. “Over-borrowing” and increased rates of interest will see debt management problems spiral out of control for…
The Financial Services Authority (FSA) has singled out a number of mortgage lenders from around the UK whose practices it deemed to be sub-standard, it has been revealed. Many British consumers have found themselves facing serious debt management difficulties after…
Continue reading the "FSA takes aim at ‘sub-standard’ mortgage lenders" »
By continuing to use the site, you agree to the use of cookies. more information
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.
