The nationwide charity Citizens Advice has highlighted some of its concerns surrounding the rising prevalence of council tax-related debt management issues. During 2006, the number of British consumers who approached the Citizens Advice for advice about how to deal with…
Continue reading the "Citizens Advice highlights council tax debt concerns" »
Consolidating debts can be a positive step for credit consumers finding it difficult to escape their own debt management disasters, one expert has asserted. Adrian Kidd from Mint Financial Services suggests that debt consolidation can bring piece of mind for…
Continue reading the "Debt consolidation can be positive, expert asserts" »
Millions of British gamblers are dealing with debt management difficulties as a result of their betting habits, according to new research from MoneyExeprt.com. The financial comparison service has revealed that a full 13 per cent of those people who bet…
Students across the UK have been warned about the potential debt management problems that can arise by using credit cards to fund university life. As the new academic year approaches, Barclaycard has warned that student borrowers could face hefty repayment…
Continue reading the "Students get credit card debt warning" »
According to a report in the Guardian, 93-year-old Clifford Taylor has seen his initial amount to repay grow by £99,000 to £116,000, a consequence of soaring house prices and how Sams were designed to work. Sams were introduced to allow…
Continue reading the "Pensioner’s debt grows by seven times thanks to Sam" »
Martyn Saville, senior researcher at Which?, said that the organisation “would expect” companies to only issue store cards to consumers with credit limits that are within their repayment capabilities, following a thorough credit check. “Which? believes that financial institutions should…
Continue reading the "Consumer credit risk should be assessed in “realistic way”" »
Michael Coogan, director general of the CML, told BBC Radio 4’s PM programme that some customers have problems repaying their mortgages as they have debt management issues. The CML director general recognised that “for some customers, particularly if they’ve overstretched…
Continue reading the "Debt from credit cards ‘making mortgage repayments difficult’" »
David Kuo, head of personal finance at website Fool.co.uk, said that for consumers who borrow money, a flexible loan that allows bigger repayments when the borrower is in the position to do so could prevent the need for a debt…
Continue reading the "Extra loan repayments ‘could be debt solution’" »
By continuing to use the site, you agree to the use of cookies. more information
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.
