The communications industry regulator Ofcom has announced plans to carry out a review of “additional” charges being levied by operators and Citizens Advice is keen to see consumers, particularly those on low incomes, more effectively protected. Concerns have been raised…
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With consumers’ expectations over prices remaining high, it is expected that personal debt will also increase following the latest rise in interest rates in May. “Last month’s interest rate rise did little to convince consumers that rates had reached a…
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The group found that 56 per cent of landlords did not return their tenants’ deposits for a variety of reasons such as property and furniture damage, cleaning costs, missed rental payments or unpaid utility bills. As a result, many tenants…
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Online mortgage company mform has said that four interest rate rises in the past year has forced a number of first-time buyers to take on 100 per cent mortgages and therefore a considerable amount of debt. “There have been four…
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Research from comparison and switching service SimplySwitch has revealed that more than a quarter of mobile phone owners have lost or damaged a handset, which could be expensive to replace. “Of the 18 million new handsets bought in the UK…
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The bank has found that a number of consumers could benefit from debt advice as 50 per cent of those interviewed said they opted for store cards sue to their convenience when out shopping, despite the high interest rate such…
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Financial comparison site MoneyExpert has found that the average APR for cash withdrawals on credit cards has risen in the last six months to 23.48 per cent, a rise from November’s average of 21.27 per cent. This rise could mean…
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InsureandGo has found that holidaymakers could be given debt management problems by unauthorised use of their debit and credit cards, with 7.1 million people in the UK aware of someone who has been affected in this way. The research carried…
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