Those paying high interest and charges on their overdraft debt should seek out better deals from other current account providers, one expert has said. Head of banking at moneysupermarket.com Kevin Mountford stated that in the difficult financial climate consumers should…

The majority of consumers have not considered what would happen to their finances and debt should they suffer from an illness that leaves them without the mental capacity to cope, a survey has revealed. According to a study by the…

The number of people in debt to fuel suppliers has risen in the first two quarters of 2009, compared to the same time last year, Citizens Advice has said. This, the organisation noted, is the continuation of a trend that…

Positive changes in attitudes towards money as a result of the recession are not expected to last, an insurance group has warned. Research from Aviva revealed that, although lifestyle alterations were made to save funds, just 35 per cent of…

Claims management companies (CMCs) have been dismissed by consumer champion Which? as a poor way for Britons to lower their debt levels. CMCs offer debtors the chance to discount outstanding debt on credit cards and loans using legal loopholes in…

Women owe more money to creditors than men, according to a new study by Scottish Widows. The pensions firm found that females have £12,156 non-mortgage debt on average compared to £11,080 for their male counterparts – a difference of more…

Paying off debts would be the priority for most adults if they received a windfall of £1,000, according to a new survey. In its UK kids poll, Tesco Savings revealed that while the majority of children believed their parents would…

East Staffordshire Citizens Advice Bureau has seen the amount of debt it helps its clients with almost triple over the last three years. According to the Burton Mail, the organisation has dealt with debt problems worth a total of £25…