Apacs, the UK payments association, has introduced the ‘understanding your credit card statement’ guide with the aim of explaining financial terms such as APR to those who may not be aware of the implications. Sandra Quinn, director of communications at…

Car insurance provider Direct Line discovered that motorists in the country’s capital are likely to be paying the most for their parking spaces, but price rises have been felt most acutely outside of London. Parts of the country, including Northumberland…

Many of those people who lost substantial amounts of money when Farepak went into administration last October subsequently fell victim to loan sharks and the government is keen to ensure this situation does not arise again. To this end, Mr…

A study by price comparison website BeatThatQuote.com suggests that for many women aged in their 20s buying the seemingly must have handbag or pair of shoes is causing them to accumulate significant amounts of credit card debt. In addition, while…

A full 150,000 people in England and Wales approached Citizens Advice about debt problems relating to the government’s methods of allocating tax credits, the organisation has claimed. Part of the problem for many people has been what Citizens Advice terms…

Many of those who approach Citizens Advice about debt explain that tax credit overpayments being demand back by the government has left them in need of a debt management plan. And with these kinds of problems in mind, Citizens Advice…

Millions of consumers looking to find a debt solution find household bills difficult to pay of and many people are unwittingly switching to more expensive deals, researchers from Oxford and East Anglia universities have concluded. In response to the findings…

Much of the rise in the number of loan rejections, which can potentially have a negative impact on an individual’s credit rating, is being put down to the number of applications being made without appropriate advice via the internet, MoneyExpert…