Increases in the cost of borrowing are starting to have a real impact on the activities of consumers across the UK, recent research has suggested. With millions of British consumers struggling to become debt free, the amounts being lent by…
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The Consumer Credit Counselling Service (CCCS) has outlined the benefits for indebted Britons of entering an Individual Voluntary Arrangement (IVA). According to the organisation, IVAs often prove more attractive to consumers than outright bankruptcy because they last for a fixed…
The amounts of money being spent by British women on beauty products are now so high that some could be running the risk of adding to their debt management difficulties, new research has suggested. Figures from Co-operative Insurance (CIS) show…
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Elderly consumers across the UK have been hit hardest by inflation in recent weeks, according to research from the Alliance Trust. Inflation rates have been increasing more sharply for elderly Britons than for the country as a whole for at…
Millions of UK consumers will switch their credit card provider in an effort to avoid accumulating unnecessarily large amounts of credit card debt, according to a recent study. Research by Abbey discovered that the number of people keen to switch…
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A new scheme has been launched that will aim to encourage employees across the UK to address their financial problems and deal with their debt management issues. The initiative, dubbed My Budget Day, is being championed by the insurance firm…
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British consumer will borrow millions of pounds and risk debt management disaster to pay for plastic surgery during the coming months, according to a study commissioned by Abbey. The research carried out by ICM on Abbey’s behalf found that over…
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Doing it yourself can be a costly way to improve a property and could even result in more debt management difficulty, recent research has suggested. Millions of people around the UK are facing financial hardship and DIY disaster can cause…
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