Those in debt may find their problems exacerbated by the rising cost of living, with big climbs being seen in petrol and food. According to the Daily Mail’s latest index, these hikes are taking place despite the fact that supermarkets…
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Britons are exercising more caution about their spending habits as a result of the recession, it has been claimed. Findings from PayPal’s latest report – Online Retail: The New Consumer Demands – conducted by The Future Laboratory, revealed that 19…
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UK adults have been warned by an industry expert to beware of a “scorpion’s tail of debt”, even as the country lifts itself out of the recession. The Consumer Credit Counselling Service’s (CCCS’s) chairman Malcolm Hurlston noted that, although the…
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Britons are increasingly worried about their personal debt levels, a new study has revealed, despite the fact that consumer confidence has risen for the third quarter in a row. This is according to the latest Nielsen-British Retail Consortium (BRC) Consumer…
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Britons are increasingly at risk of debt difficulties as a result of growing dependence on credit and store cards, it has been suggested. According to comparison website IVA.com, since the start of 2010, there has been a climb of nearly…
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Those facing problems with debt due to unemployment may benefit from signs that “the worst is over”. Research fellow at the Institute for Employment Studies Thomas Usher explained that although any recovery in the jobs market is likely to be…
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Debt problems created by the recession could be contributing to an increase in fraud, as an expert has suggested the economic climate is playing a key role. According to Sarah Blaney, card fraud specialist at insurer CPP, the lack of…
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The potential consequences of only paying off the minimum amount of credit card debt each month should be made clearer to customers. That is the suggestion of moneysupermarket.com, which called for greater information to be provided to those in debt.…
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