Archive for the ‘Debt Management’ Category

TweetShareA full three million people living in the UK count themselves among the country’s frivolous spenders, figures from the recent Unbiased poll reveal. Meanwhile, with the British debt management problems continuing to pile up, the research found that only 1.5 million people pay close attention to their financial habits and opt for the most appropriate [...]

TweetShareThe Association of British Credit Unions (Abcul) has made clear that the Yorkshire-based union played a major part in the award of Beacon status for Sheffield City Council to increase access to mainstream financial products and services. Working with various local financial inclusion organisations, the Sheffield Credit Union has attracted more than 2,800 members in [...]

TweetShareA new study from MoneyExpert suggests that the level of public unease about charges being levied against bank account users means 13.8 million Brits would pay around £7 each month to avoid them. The research comes in the wake of an announcement from the Office of Fair Trading (OFT) that it is to investigate bank [...]

TweetShareChris Tapp, associate director for Credit Action, suggested that steps should be taken to ensure one partner does not find him or herself bearing the brunt of a difficult debt management situation. Relevant creditors and credit agencies should be kept aware of any alterations to payment or income situations in the interest of accuracy and [...]

TweetShareSimplySwitch suggests that many of the deals brought in to offset consumer concern over rapidly rising prices are set to expire and could leave thousands of Brits facing further pressure on their debt management situation. According to the company, as many as half a million Brits could face being reverted to a standard tariff and [...]

TweetShareHoward Archer, chief UK and European economist at Global Insight, maintains that the MPC could vote to increase the base rate of interest nationwide when the decision-making meeting is staged on Thursday April 5th. Any rise in the base rate would further increase the financial pressures on the millions of Brits facing debt management and [...]