Articles Tagged With: Credit Card Debt

The economic downturn is increasingly causing people to turn to debt generating means to pay for essentials needs such as food, rent and utility bills. Usually the individuals that suffer from financial

Plan ahead and build up funds in accounts with the best savings rates in order to stay out of the red this Christmas. Ed Bowsher, head of consumer finance at lovemoney.com, said that people can make savings

A combination of the rising cost of living and stagnant wages mean that more people are having to seek out the best loan rates, an expert has claimed. Liz Dunscombe, director of project and partnership

If you need a helping hand with your finances, credit card deals could help - so what kind of benefits could you reap from these? You may have come across various offers that are available on different

A large number of 'Inbetweeners', those aged between 18 and 19, are entering adulthood with serious debts, it has been claimed. Leading debt charity Consumer Credit Counselling Service CCCS said

Around half of the UK public are concerned about debts, with some even looking to payday loans to help ease the pressure, an insolvency trade body has revealed. New research by R3's Personal Debt Snapshot

A rise in personal insolvency rates will be seen if fixed fees and higher annual percentage rates become a feature of credit provision, it has been claimed. David Rodgers, managing director of Debt Advice

Consumers who can only afford to make minimum monthly repayments on credit cards may have debt problems, it has been suggested. Writing for lovemoney.com, Rachel Ronson said these are set at "ridiculously

As everyone knows, some from very bitter experience, it is really easy to get into credit card debt. One day it feels like you get a credit card, you spend a little on it, then you have to make a couple of bigger purchases, then you find that the interest rate increases and then before you know where you are, you suddenly end up owing thousands on your credit card.