Men gift debt warning
The average male will spend £161 on their wife or girlfriend, with a quarter spending over £200 on a gift, yet 57 per cent of women are showing more restraint and better debt management by spending less than a £100…
The average male will spend £161 on their wife or girlfriend, with a quarter spending over £200 on a gift, yet 57 per cent of women are showing more restraint and better debt management by spending less than a £100…
According to MoneyExpert.com, 77 per cent of Britons own at least one card, but the financial website said it fears that this is “further evidence of the British debt crisis as people take out more and more cards to juggle…
Abbey states that £324 million of damages to homes is likely to occur this year, at an average of £522 per claim, prompting calls to ensure that Britons check their homes for anything that could exacerbate damage in bad weather.…
In contrast to older generations, who have accumulated £1.3 trillion of debt, Halifax found good debt management among children thanks to regular saving. With the average weekly income put at £33.59, three fifths of children save all their pocket money…
Britannia found that poor debt management means that “millions of Britons have no control of their finances”. Tim Franklin, director of the building society’s member business, said: “A lot of people have a tight rein on their finances – but…
New figures from Axa show that the average pensioner will spend £346 on presents this year, 21 per cent more than in 2005. To pay for this, some 900,000 (eight per cent) are set to turn down their heating or…
Continue reading the "Pensioners getting in debt for ‘tasteless’ gifts" »
With the risk of debt this brings, 11 per cent of children said that they would rather that their parents invested the money in savings, according to Liverpool Victoria. Nigel Snell, Liverpool Victoria’s corporate communications director urged proper debt management…
While his rivals can be wary of the arrangements, Sir Fred said that they are an ideal debt solution, speaking as the RBS announces that it expects decrease in cases of bad debt. “IVAs are used by people in financial…
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