Warning against credit card debt
Relying on credit cards and payday loans to pay for everyday living is an extremely unwise way to manage one's finances.
This is the view of di…
A recession that never went away?
News that the UK is back in recession may have come as a shock to some – not least commentators who expected growth in the first quarter of the year. …
Consumers ‘trying to reduce credit card debt’
There is a clear move on the part of many consumers to pay off their credit card debts, ahead of other money owed such as on mortgages.
Such a tren…
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UK back in recession
Britons may be shocked to learn that the country is back in recession.
Although such an event had been predicted by the Organisation for Economic C…
New evidence of debt slowdown
More evidence has emerged that Britons are weaning themselves off the debt habit.
The latest Bank of England Trends in Lending figures ha…
Debt consolidation may be preferred by squeezed consumers
Britons have found their spending power has been squeezed yet further, making life harder for those who are in debt.
This was the conclus…
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Payday loans ‘becoming accepted norm’
Payday loans have gone from being a seldom used form of credit to a common means of borrowing, a development that could leave many people deep in unpa…
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In debt from here to maternity
New mothers are among the people likely to suffer from credit card debt, according to a new study.
Research by uSwitch found 28 per cent …