With millions pf consumers facing debt management difficulties, the OFT is hoping to make relevant information more readily available to the public by working with the various credit card providers around the country. Explaining the reasons for the initiative, the…
Continue reading the "OFT aims to help Britain’s credit card users" »
As debt management problems worsen for millions of consumers around the country, figures from Scottish Widows have shown that 18 to 35-year-olds are the UK’s most wasteful fashion spenders. Furthermore, around 57 per cent of men and 70 per cent…
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As debt management problems mount across the country, research carried out by Halifax has found that average council tax rises have outstripped inflation by a number of measures over the last decade. By the measure of the retail price index…
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Experts at moneysupermarket.com suggest that those mortgage borrowers who fail to secure a fixed-rate deal quickly could face increased financial pressures over the coming weeks and months. “Borrowers needing the stability of a fixed-rate product should reserve their next deal…
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According to the Lib Dems, consumers in the UK are now spending more of their annual income on trying to clear debtthan has been the case since 1997 and debt management problems are mounting as the cost of borrowing increases.…
Continue reading the "Calls for Brown to tackle mounting debt problems" »
With debt management problems being heightened for consumers across the country, there are close to 2.8 million adults in the UK who are afraid to confront their own bank balances, figures from the financial service firm demonstrate. And the problem,…
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Research by the independent personal finance firm found that only two in five credit card users are happy with the services they receive, while 80 per cent of people who spend money in this way value provider reputation above financial…
Continue reading the "Millions of credit card user ‘not happy with providers’" »
As part of a new initiative, the FSA has called on UK universities to take part in its Money Doctors scheme, which aims to give student advisors the resources they need to help the country’s indebted young people. Steve Stillwell,…
Continue reading the "Homebuyers warned over ‘hidden fees’" »
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