TweetShareA growing number of people are concerned about debt, according to new figures. The British Retail Consortium (BRC) conducted a poll that found 15 per cent of people say this area is their biggest worry at the moment, an increase of five percentage points year-on-year. This is despite anxiety over inflation, job security and the [...]
Archive for November, 2009
Consumers ‘increasingly’ worried about debt
by News Team on November 3rd, 2009
Overdraft debtors ‘should shop around’
by News Team on November 3rd, 2009
TweetShareThose paying high interest and charges on their overdraft debt should seek out better deals from other current account providers, one expert has said. Head of banking at moneysupermarket.com Kevin Mountford stated that in the difficult financial climate consumers should be shopping around to save themselves money. And he added that it is not true [...]
More lenders should offer quotation searches, says expert
by News Team on November 2nd, 2009
TweetShareQuotation searches should be used by all lenders in order to increase transparency and ease consumer concerns about shopping around for deals, it has been suggested. TheMotleyFool.co.uk’s director David Kuo said that he thinks the process, which is used by Barclaycard and Nationwide, should be rolled out across the industry, calling pre-screening “the way forward”. [...]
Dementia ‘not being considered’ when planning finances
by News Team on November 2nd, 2009
TweetShareThe majority of consumers have not considered what would happen to their finances and debt should they suffer from an illness that leaves them without the mental capacity to cope, a survey has revealed. According to a study by the Equity Release Solicitors Alliance, 54 per cent of those aged between 35 and 64 have [...]

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