Football fans around the UK have been warned that they could be risking their financial security in their efforts to support their favourite team. Research carried out by the credit reference agency Callcredit shows that many British football fans give…
Continue reading the "Football fans get debt warning" »
The government has pledged £11.5 million to improving financial education in schools. With the first children to benefit from child trust funds (CTF) entering school this September, the new financial boost will help tech children about basic financial concepts, knowledge…
Continue reading the "Government pledges money to financial education" »
Grandparents are providing financial assistance to their grandchildren to fill the gap left by parents who are not debt free. According to research from CreditExpert, the financial “void” left by parents who are struggling with debt management has seen more…
Continue reading the "Grandparents ‘giving grandkids financial boost’" »
People who have sought a debt consolidation loan in the past or who have a bad credit history may have trouble finding a mortgage from a sub-prime lender, according to a first-time buyer solution provider. Paul Holmes, chief executive officer…
Continue reading the "Sub-prime lenders ‘pulling in products’" »
Banks, building societies and other lenders have a commitment under the Banking Code to ensure that they lend money responsibly, according to a spokesperson for the Banking Code. Commenting on the measure which could help people avoid debt management problems,…
Continue reading the "Lenders ‘have a commitment’ under the Banking Code" »
The Bank of England monetary policy committee (MPC) has decided to maintain the base rate of interest at 5.75 per cent. For those that are currently need of debt advice the news of a freeze in the cost of borrowing…
Continue reading the "Bank of England holds interest rates" »
Consumers seeking a debt free lifestyle have been encouraged to engage with their money by a secured loan provider. According to Picture Financial, weighing up the different options available to them when they are thinking about how to rid themselves…
Continue reading the "Indebted consumers ‘must engage their finances’" »
UK consumers have been advised to set aside money worth three to six months’ salary to ensure they remain debt free should they face an emergency situation. According to independent financial advisory firm St Edmundsbury Financial Services, “too many demands”…
Continue reading the "Savings advised ‘to remain debt free in emergencies’" »