Consumers are reigning in their spending in a bid to prevent themselves sliding into debt, Nationwide has suggested. Commenting on BBC One’s Breakfast programme, Nationwide chief economist Fionnuala Earley said that the “lagged effect” of interest rate rises is causing…
Homeowners around the UK have been warned to prepare themselves for a financial shock if their fixed-rate mortgage deal is set to expire over the course of the next few months. Nationwide suggests that around a quarter of a million…
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With debt management problems worsening for millions of UK consumers, the Trades Union Congress (TUC) has highlighted what it claims is a crisis in the country’s affordable housing provision. In order to get on to the housing ladder, the average…
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A new report has suggested that homeowners could be hit with unfair charges if they fail to meet the mortgage repayment demands of their respective lenders. According to moneysupermarket.com, fees for missed payments are charged at various rates by different…
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The National Union of Students (NUS) has made clear that it would not support the introduction of commercial rates on loans taken on by young consumers attending university. A spokesperson for the union insists that adding to the debt management…
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Thousands of British adults are expected to take on a loan over the coming 12 months in order to fund their ambitions of gaining a new qualification, according to a recent report. Figures compiled by ICM Research on behalf of…
Children heading back to school this week could be giving their financially-stretched parents more debt management worries by signing up for extra curricula activities, a new report has suggested. Enthusiastic British kids keen to become a football star of the…
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British consumers who are already using their overdraft banking facility have been warned to pay attention to their spending or face further debt management difficulties. According to MoneyExpert.com, the average charged levied by British banks when their customers go over…
Continue reading the "Overdrawn Brits get spending warning" »
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