Yet most worrying news in the moneysupermarket.com report is that consumers are aware of the debt they are incurring by leaving items on energy inefficient modes yet still refuse to switch off. Saving energy is more likely than ever to…
According to Zurich, even more women expect others to provide for the future and risk a retirement of debt, with one in seven believing their other half will provide. However, Briton’s distrust of state provision means that many are creating…
Continue reading the "Twelfth of men lack solid plans for future" »
According to Debt Free Direct, while loans and credit approvals are falling, this is because people are struggling with existing repayments and have to take out an IVA. “We have long campaigned for government regulation that would ideally enshrine the…
Continue reading the "Call for conference over IVA growth" »
Skipton Building Society said that those looking for a home should start saving as early as possible, control their spending and look at debt management before committing to a mortgage. “Faced with industry figures – which put the average cost…
Ulster Unionist MP Lady Sylvia Hermon called the scale of the figures “shocking”, a sizeable amount of money that could lead many people to consider bankruptcy. “On the face of it this debt and these figures are shocking,” said Lady…
According to the British Bankers’ Association (BBA), net growth was £10 billion, “well down” on August’s loan increase of £14.6 billion and the six-month average of £15.4 billion. The rise in credit card debt fell at a slower rate than…
Amidst growing criticism that PPI is hard to claim and could push people into unnecessary debt, the watchdog is to clamp down on the loan insurance sector. “Following the work we have undertaken it is clear that many consumers are…
In its report on the success of the National Strategy for Financial Capability, the authority states that it has helped “thousands” and will go on to help a further ten million with financial and debt management advice by 2010. John…
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