Archives for 5 April 2007
Rise in bankruptcies ‘due to relaxation in laws’
The rise in bankruptcies in the UK is partly down to the relaxation in laws governing them, according to one financial expert.
Philip A Beck, spokesperson for freeadvice.co.uk, believes that there has been an increase in the number of County Court Judgements (CCJs) as a method of tackling debt.
He adds that this is not linked […]
Millions describe themselves as “frivolous spenders”
Millions of Britons describe themselves as “frivolous spenders”, according to new research.
A survey from unbiased.co.uk suggested that about three million Brits describe their spending habits as “frivolous”, while more than 7.5 million only save money for short-term goals.
In comparison, only 1.5 million people feel they are financially aware shown by their use of interest-free […]