The attitudes of banking groups in the UK are leading to a “slight drop-off” in the number of people entering an Individual Voluntary Arrangement (IVA) in recent months, one expert has suggested. Chris Tapp from the Credit Action charity insists…
A number of different economic factors have ensured that young consumers in the UK are facing the deepest debt management problems, according to reports. Economics editor at the Independent Sean O’Grady insists that “debt is concentrated among the young” and…
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Money lenders in the UK ought to give their customers some “financial breathing space” when their debt management problems are getting out of control, it has been suggested. Picture Financial insists that lenders can help their customers to maintain a…
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Thousands of British consumers are missing out on what could be worthwhile debt advice by keeping their financial difficulties to themselves, according to recent research. Figures compiled by the Legal Services Commission show that only 18 per cent of consumers…
Thousands of people in the UK are regretting the fact that they rushed a decision to make a property purchase, according to a new study. Ing Direct reports that more than one in four new homeowners regrets their snap home…
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Around one in four British adults have added to their debt management burden over the course of the last three months, according to the latest figures. Research carried out on behalf of MoneyExpert.com also shows that around seven per cent…
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The UK’s debt management burden is worth more than the country’s gross domestic product (GDP), according to analysis by business advisory firm Grant Thornton. A culture of borrowing prevails around the country and has seen the amount of debts owed…
With debt management problems facing millions of consumers, new research has shown that many thousands of Britons fear for their financial future. Figures compiled by YouGov on behalf of Scottish Widows demonstrate that around a quarter of all British consumers…
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