Different methods of calculating interest means that a low APR figure does not always equate to low repayment rates, despite more than half of those facing credit card debt believing this to be the case, Which suggests. And in an…
Continue reading the "Consumers being fooled by ‘cheap’ credit offers" »
SimplySwitch suggests that many of the deals brought in to offset consumer concern over rapidly rising prices are set to expire and could leave thousands of Brits facing further pressure on their debt management situation. According to the company, as…
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The move is seen as a further demonstration of the government’s commitment to helping those people across the UK who are impacted by issues of financial exclusion and can often find themselves facing debt management problems. And with the scale…
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Howard Archer, chief UK and European economist at Global Insight, maintains that the MPC could vote to increase the base rate of interest nationwide when the decision-making meeting is staged on Thursday April 5th. Any rise in the base rate…
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Guests splash out a combined total of £13.8 billion annually on attending nuptial celebrations in the UK at an average of £340, figures released by Churchill Home Insurance has revealed. These amounts include the traditional ‘stag’ or ‘hen’ night, which…
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With the UK’s debt management mountain continuing to rise the findings demonstrate that after 14 years of reduction 2005 and 2006 have seen the number of County Court Judgments (CCJs) rise. And as millions of Brits struggle to control their…
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However, the Office of Fair Trading (OFT) has disappointed some of those consumers facing debt management concerns by indicating the process will not be complete until towards the end of 2007. Pricing and charging practices among British banks are seen…
Continue reading the "Banks face OFT charging review" »
Ill-informed decisions about which financial packages to take out and how to handle a debt management problem can often make a bad situation worse, Derek Oakley, from Debt Free Direct, suggests. The personal finance expert also claims that there are…
Continue reading the "Don’t borrow your way out of debt, expert urges" »