Government figures are said to show that the consumer price index (CPI) has increased by this proportion due to mounting bills and higher taxes, affecting the amount of disposable income consumers have to repay debt. Mark Till, marketing director at…
Continue reading the "Better planning needed as cost of living rises" »
According to the website, this could even translate into nearly £6,000 of annual savings, such as through the intelligent management of credit card debt. “A family with a typical financial portfolio could save £967.35 in time for Christmas, or £5,646.11…
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In the Sesame survey, women aged over 35 owed on average £8,219 while their male counterparts only owed £3,436, yet 57 per cent of women admitted to being ashamed about the amount they owe. Alastair Conway, head of customer propositions…
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According to moneyfacts.co.uk, users who repay their credit card debt can gain some benefits, yet others are paying interest. “As the problem of indebtedness in the UK worsens, every day we either see advertisements in the press for the ‘best…
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Abbey has found that affordability and a lack of savings are holding back home-ownership, showing that many would benefit from advice on becoming debt free to get a house. “There are people who feel that they do not want to…
Continue reading the "7m kept off property ladder by debt" »
According to Birmingham Midshires, savings levels have dropped by a fifth in the past three months, meaning that many Britons may need to start formulating a Yuletide debt management plan now. Jason Robinson, director of savings operations for Birmingham Midshires,…
Continue reading the "Savings down in build up to Christmas" »
According to moneysupermarket.com, up to 76 per cent of Britons now include putting on a jumper rather than turning up the heat as part of their debt management plan due to costs. “It is clear that people are worried about…
Continue reading the "Debt keeping people in the cold" »
Hernel Burgher, 45, was sentenced to 40 days imprisonment by Nottingham magistrates for accumulating four years’ worth of council tax debt worth £2,742. Councillor Michael Edwards, deputy leader of the city council, warned in the BBC that the council would…
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