Personal debt statistics for the UK have been released by Credit Action, revealing that 133 per cent of average earnings for British adults is owed. It emerged that the total amount for the country had reached £1,459 billion by the…
The amount spent on credit and debit cards this Christmas has exceeded that of last year, a new report has revealed. Figures published by Barclaycard have indicated that, between December 19th and December 31st, shoppers paid for more with plastic,…
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The amount of money being transferred to new credit cards during the first three months of 2010 will be down by more than 50 per cent compared with last year due to efforts to clear debt. This is according to…
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Consumer attitudes to finances and debt changed during 2009 as a result of the recession, it has been suggested. According to the Charities Aid Foundation (CAF), many people are now looking to save more and spend less and have modified…
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Consumers may be able to manage their debt levels better by switching to more competitive online energy plans for their homes. According to uSwitch.com, these products are approximately £300 a year less expensive than standard plans, which means householders could…
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Those aged over 50 may soon find that they are faced with the possibility of debt, as a result of the VAT increase that will come into effect on January 1st. According to Rias, this climb will see the demographic…
Those in debt and others in the UK appear to have altered their financial attitudes because of the effects of the recession felt in 2009. This is according to a new survey by the Charities Aid Foundation, conducted by Gfk,…
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Britons have been urged to consider saving for next Christmas now, particularly if they have found it difficult financially this festive season. Citizens Advice has partnered with the Office of Fair Trading and will – as part of its Save…
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