TweetShareYoung British consumers could be heading for serious debt management problems given their current “credit hungry” attitude, it has been suggested. A recent study by Checkmyfile has found that Britons aged between 22 and 34 are among the least likely to make use of price comparison sites before borrowing and are among the most likely [...]
Archive for January, 2008
Young Brits are ‘credit hungry’
by News Team on January 3rd, 2008
New service aims to tackle ID theft
by News Team on January 3rd, 2008
TweetShareA new service has been launched by the Capital One credit card company with the aim of tacking the issue of identity theft, it has been announced. Identity theft can often cause consumers to face added credit card debt problems due to fraudulent activity and Capital One will now aim to alert its customers to [...]
One in four Brits ‘has unmanageable debts’
by News Team on January 3rd, 2008
TweetShareClose to one in four of the UK’s adult population has debts that are considered to be unmanageable, according to figures recently compiled on behalf of uSwitch.com. The financial comparison firm claims that there are now almost ten million people around the country who are finding their debt management issues overwhelming. Personal loan and credit [...]
Brits urged to ‘check overdraft conditions’
by News Team on January 3rd, 2008
TweetShareBritish consumers have been urged to check the overdraft conditions associated with their current accounts in order to avoid unnecessary debt management issues. MoneyExpert warns that many people around the country could be facing extra charges because while 40 per cent of all current accounts offer interest free overdrafts, fewer than a quarter activate the [...]
Tips offered to help Brits ‘head out of debt’
by News Team on January 1st, 2008
TweetShareA number of money-saving tips that could help UK consumers become debt free have been offered by personal finance experts at the Fair Investment Company. Switching energy or mobile phone deals to a more competitive alternative is one way that indebted Britons can improve their finances in the new year, the company has made clear. [...]
Millions of Brits ‘dreading’ new year bills
by News Team on January 1st, 2008
TweetShareMillions of consumers from across the UK are dreading their first bills of the new year, recent research has suggested. According to figures compiled by the Financial Services Authority (FSA), close to a quarter of all Britons aged between 16 and 44 are fearful of what their first bills of 2008 will reveal. Many people [...]
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