Archives for 18 June 2007
Football fans ‘facing personal debt’
Die-hard football fans may be facing personal debt in light of rising season ticket prices, it has been claimed.
Research conducted by Virgin Money previously found the cost of the average season ticket escalated by 17 per cent over the course of 2006. The findings also show that 12% of football fans are considering not […]
Poor publicity ‘causing illness-related debt issues’
A lack of positive publicity regarding critical illness insurance policies may be causing debt issues for consumers, it has been claimed.
The insurance cover guarantees that regular payments such as mortgages and utility bills will continue to be met if an individual is too sick to work.
However, financial researcher Defaqto has suggested that poor consumer […]
Longer life ‘could cause debt problems’
Britons who live longer could be responsible for increasing debt problems nationwide, according to the Bank of England.
In its quarterly bulletin, the bank advises that the increased cost of providing company pensions to retirees could ultimately be borne by consumers.
“An increase in longevity means the pension is paid over a longer period, raising its […]