Michelle Slade, personal finance analyst at Moneyfacts.co.ouk, maintains that in the wake of Office of Fair Trading regulation to curb the rise in ‘unfair’ default fees, a number of credit card providers are changing conditions attached to their products. And…
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The organisation was established in 1991 with the aim of improving debt advice services nationwide and to that end its latest study assessed the standards of support for those most at risk of serious debt management issues. Government officials and…
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According to a Money Supermarket study, close to three-quarters (73 per cent) of those polled would move to scupper plans among credit card providers to bring in further charges by closing down a previously dormant account. Only one per of…
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Government plans to shut down around 2,500 post offices around the UK will leave thousands of the most vulnerable people in society liable to increased costs as they are forced to travel further afield to access the services they are…
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A full two-thirds of consumers in the UK feel trapped by their banks and one in seven cite an inability to clear debt as the reason why, independent personal finance website Fool.co.uk has revealed. Reflecting on his organisations own findings,…
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Ian McCartney, consumer minister, wants to see more people made aware of debt advice and to see less people fall victim to the unscrupulous lending practices of loan sharks. Mr McCartney made his comments ahead of the opening of a…
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National Debtline spokesperson Beccy Wilks claims that across the UK there are people with different levels of income all struggling to clear debt they have accumulated as a result of ill advised borrowing decisions. And a widespread “financial illiteracy” has…
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The organisation points to its own research, which claims additional charges on credit card debt accumulated by travelling Brits this year will amount to a full £258 million. And this prediction is all the more noteworthy given that over a…
Continue reading the "Post Office highlights credit card charge risk" »