Archive for the ‘Debt Management’ Category

TweetShareBritons are risking future debt management problems by cutting down on their insurance, it has been warned. Graeme Trudgill, technical and corporate affairs executive for the British Insurance Brokers’ Association (Biba), revealed that many members have seen customers scaling back on financial protection. This places them in danger of facing large costs if they have [...]

TweetSharePrepaid cards can help people with debt management as well as offering enhanced security against fraud, it has been claimed. Chris Reddish, chairman of Prepaid International Forum, explained that as the user can only spend money that has been placed on the card, there is less likelihood of identity thieves building up credit card debt [...]

TweetShareMany low-income households could face debt management problems if the minimum wage is frozen due to the recession, it has been suggested. The Trades Union Congress (TUC) has urged the Low Pay Commission (LPC) to consider the hardship that poorer groups would encounter if the figure is maintained at its current level instead of going [...]

TweetShareGoing green could help homeowners achieve their goal of becoming debt free, one expert has advised. According to a survey by uSwitch.com, 75 per cent of households could benefit financially by implementing environmentally-friendly energy saving measures around the home. Andrew Dagnell, of the South Wales Echo, outlines five key ways readers could take advantage of [...]

TweetShareBritons are “steering clear” of getting into more debt in the wake of the credit crunch, a new poll has suggested. Figures from Fairinvestment.co.uk have shown that 74 per cent of UK adults have refrained from borrowing any more money since the economic downturn took hold. The average debt on store finance and credit cards [...]

TweetShareMore Britons are buying “no frills” goods in order to help them with debt management in the wake of the economic downturn, it has been noted. A survey by Abbey Credit Cards has shown household products and food to be the top two areas in which consumers have switched to basic items rather than “flashy” [...]