Archives for 9 March 2007
Inflation Rates Could Have Impact On Debts
Consumers have been warned that higher inflation rates could impact heavily on their finances. The Consumer Credit Counselling Service (CCCS) states that homeowners might need debt help as inflation will leave insufficient cash for them to meet their repayments. The CCCS states that interest rates may rise again in April, despite yesterday’s announcement […]
People Need Financial Education To Avoid Debt
Consumers need to be given greater financial education in order to avoid falling into debt, according to one charity. National Debtline states that there is a lack of financial understanding among consumers, which has led to them taking out products which they cannot afford. Beccy Wilks, press officer for National Debtline, believes that […]