Barclays, with which millions of Brits have credit card debt, reports that compared to 2006 its overall income rose by a quarter to reach more than £21, 595 million. “Conditions in UK cards and consumer loans were difficult but Barclaycard…

Tim Moss, head of loans and debt at price comparison service Moneysupermarket, also suggested that rates of interest on personal loans being offered by the country’s major banks will increase over the coming months. Mr Moss’ comments came in the…

An increased awareness among British consumers of financial services available is cited as the reason behind the almost two-thirds (65 per cent) rise in clients looking for help from the Consumer Credit Counselling Service (CCCS), reports the BBC. Research from…

Essential expenditures on council tax bills, fuel and housing costs and maintaining water supplies are causing financial headaches for thousands across the UK, the latest survey by Citizens Advice has established. In all, 83,000 people approached the advice charity in…

Many residents living in Warwickshire towns are struggling to find a debt solution and the Citizens Advice, which has figures to demonstrate the extent of the problem, has been fielding more calls than ever from those in the red. A…

Secured loans, the financial comparison service explains, are beginning to offer more competitive rates of interest and are drawing in customers considering their debt consolidation options. “They may also have a low income or may need to borrow larger amounts…

The recent research from price comparison website moneysupermarket.com also demonstrates that around one quarter (13 million) people in the UK have taken out a loan to cover the debt repayments. In addition, over half (57 per cent) of those polled…

An estimated figure the company puts on the apparent overspending amounts to as much as £9.3 billion a year, which will not help those looking for a debt solution as repayment bills mount up. The claims are based on Zopa’s…