Archive for January, 2008

TweetShareDebt consolidation is the main reason for people taking out a loan without telling their partner or family about it, new research shows. A report by Abbey shows some 1.3 million people have taken out a so-called secret loan, with 56 per cent admitting they used this money to pay off other debt. The majority [...]

TweetShareOn average, women are less “financially fit” than their male counterparts, it has been claimed. According to finance provider Abbey, women are more likely to be in a position where they might benefit from considering seeking debt help than their male compatriots. A spokesperson for the firm said that this was largely due to the [...]

TweetShareUnexpected changes in people’s personal circumstances could result in “financial turmoil”, it has been suggested. An article in the Daily Express, citing Moneyexpert.com statistics, claims that life events such as divorce, the death of a spouse or losing one’s job could cause serious debt problems for consumers. It notes that becoming debt free is increasingly [...]