Archive for June, 2007

TweetShareHowever, spokesperson Helen Saxon said that there needs to be “safeguards in place” to stop debt getting out of control, which can lead to people having debt management problems. Ms Saxon added that credit – in the form of people taking on credit card debt or loans – is becoming more available to consumers. “Credit [...]

TweetShareFollowing the announcement that Mr Darling is to take over the position of chancellor from the new prime minister Gordon Brown, the Nationwide Building Society has said he needs to signal his intention to help financially-stretched Britons. And with millions of consumers around the country facing debt management difficulties, the building society insists that the [...]

TweetShareThe National Consumer Council (NCC) insists that charges on current accounts are causing low earners to experience serious financial difficulties and pushing many families further into the debt management mire. “Those on low incomes or with limited banking experience are most likely to be adversely affected. For them a default charge of £39 is enough [...]

TweetShareAs Gordon Brown assumes the leadership of the government, Mr Opik has urged the new prime minister to help make Wales a more affordable place to live. “Every two and a half hours, people in Wales have to pay £1million to payoff the interest on their debts, house prices have gone through the roof and [...]

TweetShareDespite worsening debt management problems for millions across the country, the typical amount spent by Britons on their partner is £62 per month, a recent poll of 2,000 adults discovered. The study also found that men tend to be more generous towards their wives or girlfriends than women are in return, with the average British [...]