With a ten per cent rise in the amount of credit card transfers being sought in July compared to June, the Debt Counsellors organisation is urging people to pay off their credit card bills. “There is a ‘want now, pay…
Top-up fees, personal debt and high rental prices have led to a 53 per cent increase in the amount of students working while studying over the past decade, the TUC has said. “More and more students are being forced to…
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Nick White from the website urged other lenders to follow Natwest’s and the Royal Bank of Scotland’s example and stop the sending out of cheques. “Credit card cheques have long been regarded as one of the key contributors to bad…
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Claiming to have the lowest APR of its competitors, Barclaycard Student is said to be designed for those new to credit and debt and has no fee for breaking the £600 credit limit. James Le Brocq, head of Barclaycard UK…
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Average balance transfers now stand at £2,933, Moneyextra.com claims, a staggering 10.6 per cent rise in debt on the month before. “Outstanding credit card balances have risen by almost 20 per cent since April and they’re set to rise further…
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Annual Percentage Rates (APRs), interest rates, the length of the interest-free period, the minimum repayment and other debt charges are to be included in a bid to improve the credit industry’s reputation. “The launch of the credit card cheque summary…
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The increase in total net lending to individuals was £10.9 billion, with loans secured on homes accounting for £9.8 billion of this. Even though Britons are still struggling with debt, the figures reveal that the demand for loans and credit…
In its survey, Citizens Advice Cymru found that 57 per cent of Welsh residents lacked a monthly budget and this is likely to be mirrored throughout the UK. “The experience of Citizens Advice Cymru shows that a general lack of…
Continue reading the "Financial “understanding, skills and confidence” lacking" »
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