People in debt need to ensure that they are acting prudently with regards to their current accounts in the face of price cuts by two high street banks for unarranged borrowing, it has been suggested. According to Louise Bond, a…
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Debt and money worries within families can have a negative impact on children that often goes unnoticed, it has been suggested. According to the director of Youthworks Consulting, Adrienne Katz, any period of deprivation affects young people and they can…
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Personal debt levels in Britain could mean that consumers in the country find it difficult to return to a positive economic state, it has been suggested. According to Peter Sargent, president of R3 – an insolvency trade body – the…
People in debt in the recession are being viewed more sympathetically by banks, industry experts have said. According to the UK Insolvency Helpline – a network of lawyers and accountants dedicated to providing money advice – banks are lowering interest…
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The number of people in debt who are contacting Citizens Advice Bureaux (CAB) for help in managing their situations has risen to more than 9,000 a day, it has emerged. According to the charity, caseworkers are handling approximately 9,300 new…
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People trying to save money by avoiding taking out insurance as one of the ways to prevent themselves from falling into debt could find they pay massive sums should the worst happen, a British charity has warned Statistics published by…
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The digital divide that exists between the UK’s older population and its younger generations could mean that those in retirement are financially worse off as a result – and could risk falling further into debt, a new report suggests. Research…
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People in the UK are discovering different ways to save cash and reduce motoring costs during the recession without cutting back on insurance cover, a new report has suggested. Findings from a YouGov survey commissioned by ibuyeco – an eco-friendly…
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