Archives for 6 June 2007
Student loans are “government-endorsed debt”
Student loans have been described as “government-endorsed debt on a massive scale” by one leading expert.
Chris Tapp, associate director of national money education charity Credit Action, believes that while student loans in themselves do not pose much of a problem, they do feed into a culture of debt.
He adds that the average student now […]
Apacs: Consumers are becoming more credit-card savvy
Consumers are becoming increasingly savvy in their use of credit cards, according to research.
The amount of cash taken out of ATM machines fell from £9.17 billion to £8.22 billion between 2005 and 2006, which was a decline of ten per cent.
However, at the same time, the amount of money taken out through debit cards […]