Mr Holmes, operations director at First Rung, insists that it is the spectre of unmanageable long-term debt levels and not concerns over stamp duty or the tendency to overspend that is keeping young consumers off Britain’s housing ladder. To make…
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The market analyst company suggests that the increasing financial pressures on consumers looking to clear debt will drive the growth in the industry, which the Financial Services Authority (FSA) said last week showed “weaknesses in responsible lending practices”. Datamonitor forecasts…
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With consumers throughout the country already dealing with debt management problems, figures from Abbey have shown that parents in the UK spend close to £4.7 billion on keeping their children amused while they are not in school. Furthermore, each parental…
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Carol Richardson from wedding planning specialist Confetti suggests that soon-to-be-married couples who decide to borrow to fund their ceremony should shop around to make sure they get a good deal on a personal loan. Establishing a budget and sticking to…
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While debt management problems increase for consumers across the country, around 44 per cent of Britons set off on holiday without having saved the amount of money they intended. In addition, more than a fifth of overspending British holidaymakers increase…
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Figures from the financial comparison firm show that more than 460,000 mortgage repayments have been missed in the last six months at a rate of close to 77,000 per month. And with the base rate of interest rising from 4.5…
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For many people having itchy feet might mean increased debt management concerns, but Birmingham Midshires’ latest study shows that around 17 per cent of people are keen to move house within the next four years. And those who live in…
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When debt management problems begin to surface consumers should seek out appropriate advice and inform their lenders of any relevant issues, a spokesperson for the organisation maintains. Moreover, Citizens Advice suggests that credit consumers should shop around and make sure…
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