Articles Tagged With: Debt Levels

The Money Advice Service has responded to requests from the government to enter a new era of free advice provision for people in debt. The service has outlined its plan, which commences on April 1st. There

Debt levels will increase this winter as people splash out on 0% credit cards for Christmas, but spending will be more restrained that last year. This is the view of Andrew Hagger, spokesman for moneynet.co.uk,

Nick Raynor, investment adviser at The Share Centre, gives his thoughts on what to expect from companies announcing results w/c 3 October 2011.

Many families do not believe they have enough money saved in their accounts with the best savings interest rates in order to support their offspring through university. According to a poll by instant online

The number of mortgage approvals for home purchase in March rose by five per cent compared to the previous month, according to figures from the British Bankers' Association BBA. In total, 34,095 home

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Households in Britain will spend an average of £5,000 over the coming year, simply paying off the interest on loans, it has been reported. According to the Precious Plastic report, published by professional

Many people find themselves in debt through no fault of their own. In other words, they have not led a lifestyle that was beyond their means, they have not tried to keep up with the Jones at all costs, but they may be in debt because they have loaned someone money, or they have entered into some kind of financial transaction that has, to whatever degree gone wrong.

Many people wrongly think that debt advice is something that only exists in England and that there is little available for people who live in Scotland or other parts of the UK. However, this is simply not true, there are lots of Government and state funded agencies that exist in Scotland to help provide debt advice to people from all walks of life and all geographical locations in Scotland.

Too few women are saving enough towards their retirement, a new study has indicated. According to Scottish Widows, just 47 per cent are putting enough money aside for when they finish working, compared

Debt is not the preserve of the English. Scotland has also been badly hit by the economic downturn that has happened over recent years and as a result debt levels are rising almost on a daily basis. Debt management in Scotland has been an issue for many years though, almost since the start of the last Century.

Recent Bank of England figures showing that personal debt has reduced in the UK may give a misleading impression, it has been claimed. According to Eoin Hamill, research and policy officer at Credit Action,

A county court decision to write off a woman's credit card debts due to the mis-selling of payment protection insurance PPI should not be seen as providing a licence to borrow irresponsibly, it has been