They claim that women are not saving enough for retirement, leading to females over 60 becoming the fastest-growing group of people seeking debt advice. “In general, men are tuned in to the importance of pension saving and are likely to…
This claim was made by the Motley Fool which says that only 11 per cent of people have reclaimed the charges, while only 39 per cent know anything about the issue. “So far, most claimants have been successful, but banks…
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In the seven months since Flexi-Rate was launched, half as many holders of the new credit card simply make minimum payments, while there has been a ten per cent rise in those paying above the minimum each month. This means…
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The CML believes that house prices will finish seven per cent higher at the end of 2006 than at the start, a significant increase from the two per cent it forecast in February. As a result, gross lending is expected…
An Insolvency Service report’s main findings were that men were more likely to become bankrupt than women but the proportion of women is rising, while the proportion of younger bankrupts (18 to 29) had doubled. In addition, female bankrupts tended…
The organisation estimates that providers of plastic profit to the tune of £500 million each year by allocating payment to balances with the lowest rate of interest, allowing higher interest balances to accrue more interest. Nationwide wants other credit card…
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Research by Lloyds TSB found that, of the 424,560 young people due to start university this autumn, 22 per cent will still live at home. More than a third of those surveyed doubted they would be able to afford a…
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Nationwide’s Consumer Confidence Index recorded a one point climb in May, now standing at 94. However, this is still close to a six-month low and below the figures recorded during 2004 and 2005, with many consumers still anxious in the…
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