Consumer spending during December is expected to be worth more than £53 billion and much of it will be via plastic cards, according to the latest figures from Apacs, the UK’s payments association. With millions of people already struggling to…
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Honesty is the best policy when it comes to dealing with debt management problems, one expert has asserted. Derek Oakley, insolvency director at Debt Free Direct, suggests that people who have accumulated serious amounts of debt need to be realistic…
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Credit consumers around the UK have been urged to think carefully about their personal finance options before adding to their debt management burden. Many people are expected to borrow heavily to fund Christmas expenditures and Chris Tapp from the Credit…
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The Citizens Advice charity has warned consumers of the increasing prevalence of mail order, telephone and online scams and called on service providers to take action over the issue. Research by the Office of Fair Trading recently found that unscrupulous…
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British consumers will borrow an increased amount of money over the course of December 2007 than was the case during the same month last year, it has been suggested. After assessing the latest lending data published by the Bank of…
More than three million UK consumers now use their credit cards every day, according to a recent study by Abbey. With debt management problems worsening nationwide, the financial services firm reports that as many as 18 million people now spend…
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Bosses of companies across the UK have been urged to help their employees deal with the psychological effects of debt management problems. Healthcare firm Bupa suggests that unless steps are taken by employers to help staff who are struggling to…
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The rising costs of borrowing are having an impact on the household finances of the millions of people dealing with debt management difficulties in the UK, according to the Consumer Credit Counselling Service (CCCS). Many people will feel the financial…
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