Articles Tagged With: Money Advice

Around 20 per cent of Brits admit that they struggle to manage their debts, a statistics perhaps worsened by the recent Christmas splurging. New research from the Money Advice Trust found that one in five

As the parliamentary debate for compulsory financial education for young people takes place today Gavin Oldham, chief executive at The Share Centre, shares his thoughts on the issue.

With Christmas fast approaching, many households could be considering payday loans as a way to tide them over into the New Year. However, people need to ensure they understand the financial commitment

The key to repaying debts, including those from payday loans and credit cards, is to produce a realistic and sustainable budget. Liz Dunscombe, director of project and partnership development at Credit

There has been an increase in the amount of people struggling to pay their rent, those looking for the best loan rates have been told. Joanna Elson, chief executive of the Money Advice Trust, which runs

Brits' squeamishness about discussing money could be holding them back from making the most of what they have with the best savings rates. New research by the Money Advice Service revealed that many

People worried about debt problems have been advised to take note of their expenditure and live to a workable budget. Paul Crayston, media officer for the Money Advice Trust, told people who may be interested

Gross mortgage lending in October totalled an estimated £12 billion in September, down one per cent from £12.1 billion in August, according to Council of Mortgage Lenders CML statistics. The

Consumers should be doing more to manage their finances effectively, it has been claimed. John Hughes, director of retail products at the Co-operative Bank, said a little bit of effort "can pay quite

People have become increasingly cautious about borrowing and spending, a leading debt advice charity has claimed. Joanna Elson, chief executive of the Money Advice Trust, said more calls have been received

Consumers may be better off seeking free debt advice than using claims management firms, it has been suggested. According to myfinances.co.uk, there has been a rapid rise in the number of companies claiming

The Financial Services Authority FSA is proposing that mortgage lenders will have to carry out more comprehensive credit checks on potential borrowers. Increased credit checks will need to be carried

Falling into serious debt can affect the quality of your life, a new study has indicated. Research conducted by talkaboutdebt.co.uk indicates that 27 per cent of those with major financial concerns believe

More needs to be done in terms of offering free debt advice to problem gamblers, it has been reported. Speaking after UK charity Gamrcare reported that debts of up to £60,000 might be common among

Consumers seeking to avoid running out of money should keep a fund set aside for emergencies, it has been claimed. Speaking to the Australian, Lisa Montgomery, head of consumer advocacy at Resi Mortgage

The best advice for people in debt is to prioritise your repayments, it has been claimed. According to Beccy Boden Wilks, spokesperson for the Money Advice Trust, priority debts are rent, mortgage, council

The trouble with debt is that you can find yourself bogged down with the day to day business of managing your repayments and dont have time to find the right solution.