A spokesperson for the Association of British Credit Unions (Abcul) has warned that many people around the country could be risking serious debt management problems by borrowing money via a credit card. Lucia Webster, who is Abcul’s head of membership…
The Bank of England is likely to maintain the cost of borrowing at its current level when its monetary policy committee meets on Thursday October 4th, according to one expert economic observer. Lloyds TSB Corporate Markets’ chief economist Trevor Williams…
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The number of retired Britons who enter bankruptcy on has been soaring in recent years, according to the latest figures. Research by the Wilkins Kennedy accountancy firm, shows that close to 8,000 pensioners have been declared insolvent during the past…
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British credit consumers have been warned that the costs associated with wedding ceremonies are continuing to increase around the country. F&C Asset Management suggests that many couples in the UK are keen to make their wedding day one to remember…
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Many UK consumers are unclear about the details of a borrowing arrangement even as they agree to the deal, according to one expert. James Ketchell, a spokesperson from the Consumer Credit Counselling Service (CCCS), suggests that for some credit consumers…
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Young British consumers become accustomed to having debt management issues to deal with almost as soon as they enter adult life, it has been suggested. James Ketchell, from the Consumer Credit Counselling Service (CCCS), claims that it has become easier…
UK consumers could be obliged to tighten their belts over the next few months as economic conditions leave many people out of pocket, according to one expert. Howard Archer, chief UK and European economist at Global Insight, insists that relatively…
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Mortgage borrowers around the country are increasingly looking to avoid the uncertainty of having a variable rate arrangement with their lender, according to recent research. Figures from Abbey show that almost eight in ten British consumers would opt for a…
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