Archives for the 'Debt Management' Category
Unfair charges to be curbed
Article Category: Debt Management Help and AdviceTelecommunications watchdog Ofcom has made proposals designed to curb unfair additional charges on consumers’ bills.This is welcome news for millions of hard-pressed households labouring under the pressure of trying to keep up with spiralling living costs.The proposals mean that broadband, mobile and pay-per-view television providers have to clearly mark […]
Couples risk debt for love
Article Category: Debt Management Help and AdviceLoved-up couples showering each other with tokens of affection might be storing up problems on the money front.According to price comparison website monesupermarket.com, men splash out an average of £1,326 each year on items such as anniversary gifts, dining out, flowers and special holidays.Women are not so generous, forking […]
Wedded to debt
Article Category: Debt Management Help and AdviceLoved-up couples walking up the aisle will be taking on more than a lifetime of wedded bliss if research undertaken by Sainsbury’s Finance is anything to go by.With thousands of women looking to take advantage of the leap year to propose in traditional fashion, Sainsbury’s estimates that as many […]
Couples find it easier
Article Category: Debt Management Help and AdviceHard-pressed singletons finding it difficult to get on the housing ladder might be interested to know that becoming one half of a couple might be one way out of their predicament.Spiralling house prices have put the dream of owning property out of reach for most singles with an average […]
Cash is not king for phone companies
Article Category: Debt Management Help and AdviceGood old-fashioned cash is definitely not king as far as some phone companies are concerned.According to price comparison website uSwitch.com, there is a staggering £75 million a year penalty on 3.4 million customers for not paying their bills by direct debit.Customers are also losing out by receiving paper statements […]
Debt hangover affecting budgets
Article Category: Debt Management Help and AdviceDebt hangovers are giving some people a nasty headache in budgeting for this year’s finances.That is the view of debt charity, Credit Action, which says that a combination of still trying to pay off debts from last year and increased living costs, plus higher inflation, is putting a financial […]
Loan firm scotches new lending
Article Category: Debt Management Help and AdviceMortgage and loan firm London Scottish Bank has announced it will stop lending to concentrate on debt collection.The Manchester-based firm, which specialises in lending to lower-income families, has posted a £5.6 million loss for 2007, compared to a £16.5 million profit for the previous year.It has said that it […]
Surf’s up for credit card users
Article Category: Debt Management Help and AdviceCredit card users struggling to repay debt are planning to do some ’surfing’ and transfer a collective £6.68 billion to other cheaper cards.According to research undertaken by Sainsbury’s Finance, 4.3 million people intend to switch providers before July.This equates to £257.15 million per week or £36.74 million a day.Many […]
Over-60s face £43,760 of debt
Article Category: Debt Management Help and AdviceBorrowers in their early 60s have the highest unsecured debts of any age group, with the average amount standing at £43,760.According to online personal-debt solutions firm Newtomorrow.com, this compared with the average caller to its helpline who was aged 41 and owed £30,334.The 66 and over age group had […]
Online money help for young
Article Category: Debt Management Help and AdviceCitizens Advice and Youthnet are linking up to try to provide money advice to 16 to 25-year-olds.The information, which will be of benefit to anyone finding it difficult to get to grips with financial matters or already struggling with debt, will be available via online content, pod casts, audio […]