The UK’s payment association Apacs has launched a new guide aimed at encouraging British consumers to protect their personal identification number (pin). Apacs suggests that letting a criminal know your pin code could mean losing money and for those struggling…
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The amounts of debt that young British consumers are now having to deal with is “extremely worrying”, according to one insolvency expert. President of the Association of Business Recovery Professionals (R3) Patricia Godfrey suggests that the financial habits of young…
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As millions of consumers deal with debt management difficulties across the UK, new research from Abbey has shown that lending money from friends can often lead to further problems. The recent study found that around 3.5 million Britons have argued…
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Credit card debtaccumulated while studying at university can remain a cause for concern for students long after they graduate, it has been suggested. Search engine service Moneyfacts.co.uk warns that while student credit card limits tend to be relatively low, the…
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Five rises in the base rate of interest since August of last year have begun to impact the spending habits of UK consumers, according to one analyst reflecting on the latest inflation data. Mark Baker from Alliance & Leicester suggests…
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Consumers around the country could be risking debt management problems in their desperation to get a foot on the housing ladder, a new report has suggested. Bradford & Bingley has warned would-be first-time buyers to be careful not to overstretch…
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Around nine per cent of former students have considered entering bankruptcy as a way to solve their debt management problems, according to recent research carried out by uSwitch.com. The financial comparison firm reports that as the levels of debt being…
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Overspending at Christmas can lead to serious debt management difficulties and sometimes cause people to enter insolvency, one expert has claimed. Richard Sheppard from financial advisory firm AWD Chase de Vere suggests that excess spending over the festive period is…
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