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…
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British consumers have been urged to budget more effectively to avoid financial struggles at the end of each month. Research by Abbey shows that the majority of adults in the UK face a financial squeeze in the few days before…
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Credit consumers across the UK are cutting back on the amounts of money they borrow from high-street lenders, according to the most recent data from the British Bankers Association (BBA). Millions of people in the UK are struggling to become…
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The Citizens Advice charity has warned that the banking practice of increasing credit limits without proper solicitation is contributing to the debt management woes of many UK consumers. With this in mind the charity, which offers debt advice to thousands…
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A number of members of parliament (MPs) have come out in favour of providing British teenagers with personal finance lessons in their schools. Kitty Ussher, economic secretary to the treasury, told the House of Commons recently that teaching young Britons…
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For millions of consumers across the UK dealing with debt management will be an issue for the new year and not for the festive season, it has been claimed. A study conducted recently by Mintel concludes that the desire to…
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Debt management problems have been made worse for close to one in four borrowers in the UK over the course of the past three months, it has been revealed. Figures compiled on behalf of MoneyExpert.com show that debt problems are…
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Home loans are likely to become more expensive over the course of the next few months, according to the Council of Mortgage Lenders (CML). Financial markets in the UK and around the world have been pressurised in recent months and…
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