The Citizens Advice charity is set to call for action from businesses and regulators to stop the soaring levels of personal debt management difficulties being faced by consumers across the country. A conference is being held in London this week…
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Taking on a loan to fund Christmas expenditures could be a costly way for consumers to manage their money, it has been suggested. Robin Amlot, senior editor of Moneyextra.com, is convinced that loaning money to pay for seasonal spending can…
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Borrowing money will become more difficult for would-be credit consumers across the UK in months to come, the chancellor Alistair Darling has made clear. With millions of people around the country struggling to become debt free, Mr Darling has warned…
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The level of debt owed to UK consumers by their family members has been rising dramatically during the past few years, according to a new study. Research by Skipton Building Society found that the amount of money owed to family…
Debt management is now the main reasons why UK consumers borrow money, one expert has suggested. Robin Amlot, senior editor of the Moneyextra.com website, insists that the so-called credit crunch that occurred earlier this year means that many people are…
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Millions of credit card borrowers are being hit by higher fees levied by their lenders, according to recent research. Figures from Moneyfacts.co.uk show that interest rates on cash withdrawals have risen on 25 different products and 69 credit card deals…
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A report from Halifax Credit Cards has revealed that the average British consumer now spends around £384 on Christmas gifts. Many thousands of people add to their debt management problems by overstretching themselves over the festive period and the recent…
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A total of 15,833 people declared bankruptcy over the course of the third quarter of this year, which is 2.2 per cent more than the same period in 2006, it has been revealed. Official figures from the Insolvency Service show…
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