Payday loans ‘used for essentials’
Many experts have warned about the dangers of building up unpayable debt levels through the use of high-interest payday loans. But the majority of Bri…
Energy bills ‘greatly outstrip pay increases’
Rising energy bills may mean people struggling to pay off credit card debt find it increasingly difficult.
A study by price comparison si…
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Brits are racking up credit card debt when strapped for cash
Credit card debt is an increasingly serious issue for Britons who run out of money before payday and find themselves turning to overdrafts and credit …
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Wansbeck has highest bankruptcy rate
The Northumberland region of Wansbeck has been named England's bankruptcy capital, with the individual insolvency rate running at 57 per 10,000 ad…
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Under-employment ‘a key cause of financial worry’
High unemployment is not alone in increasing financial hardship, with many in work but under-employed.
This issue has been highlighted by…
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Debt problem ‘predates financial crisis’
Much of the current discussion about the problems of personal debt concerns those being built up by consumers now as they struggle to make ends meet i…
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Financial problems ‘need practical response’
People facing major financial problems such as serious debt should take practical steps to address their situation, rather than stressing about it.
…
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Poorer people ‘suffering most from rising prices’
Poorer people have been hit disproportionately hard by rising prices, according to a Trades Union Congress (TUC) study.
This found that while the h…
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