Borrowing money from or to friends and family can often lead to debt management problems for all concerned, one expert has warned. Stephen Rose from the Debt Advice Bureaux suggests that there are financial risks involved with lending to friends…
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Costs associated with sending children to school are putting a significant financial burden on parents around the UK, according to a recent study carried out by Citizens Advice. As debt management problems increase for households nationwide, the charity reports that…
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A report from the consumer group Which? has highlighted some of the ways credit card providers are aiming to increase their revenues. Which? describes the methods used by financial service firms to raise revenues, including low usage fees and unclear…
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An increasing number of homeowners around the UK are remortgaging their properties in an effort to become debt free , one expert has asserted. Sue Anderson, head of member and external relations for the Council of Mortgage Lenders (CML), suggests…
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A new report has shown that millions of UK consumers are unaware of how much they can expect to be charged for entering their current account overdraft. Bank charges can often lead to debt management problems for many British consumers,…
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As debt management problems increase for consumers around the country, a new report has predicted that millions of Britons will face serious financial difficulties during retirement. Figures from Aegon suggest that a full 22 million people in the UK can…
The Conservative Party has blamed the new prime minister Gordon Brown for the relative lack of savings among consumers across the UK. During his time as chancellor, Mr Brown has left millions of people around the country without an inclination…
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Thousands of British consumers have been unable to contribute to any kind of savings account because of ongoing debt management problems, according to recent research. Figures compiled by the Post Office show that around one in four adults in the…
Continue reading the "Debt problems ‘leave Brits with lack of savings’" »
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