Archive for the ‘Creditor Behaviour’ Category

The nation’s overall debt could be reduced, it has been suggested, as the UK trade deficit beat expectations in February.

It narrowed to £6.2…

Labour’s proposals to minimum wage commitments, which could impact on those struggling with debt, have been welcomed.

The Trades Union Congress (TU…

The government’s over-indebtedness strategy – launched in 2004 – has not served its purpose, an industry expert has said.

Edward Leigh MP, Chairman…

People battling with debt might not like to hear that an industry expert has said that he believes the nation’s economic growth will happen at a slow …

TweetShareA six-month debt of £1,000 that cost £69.25 in 2008 now comes at a price of £76.63, online comparison company Moneynet.co.uk has revealed. The average interest rate on an authorised overdraft in February 2008 was 13.85 per cent and it has gradually crept up to be 15.32 per cent today- an increase of ten per [...]

TweetShareBarclays has upped its overdraft rate for the second time in six months, a rise that may anger people already in debt. Around two million customers will be affected by the move from April onwards, according to thisismoney.co.uk. Former students will suffer the most as Graduate account holders will witness a rate hike from 9.9 [...]