Archives for 14 August 2007
Students ‘could face bad debt’
Students could be left with bad debt unless they are adequately advised on financial products, it has been warned.
Mike Naylor, personal finance expert at advisory service uSwitch.com, suggests that many students may be left unaware that they are required to pay interest on borrowing such as their student loan.
His comments follow the news that debt […]
Britons ’seeking debt help from friends’
Millions of Britons turn to their friends for debt help each year, it has been revealed.
Research conducted by Abbey found that nearly a tenth (nine per cent) of UK residents borrow more than £50 from friends each year.
The average figure lent stood at more than twice this, at £116 - with more than half a […]
Away games ‘adding to personal debt’
Football fans could be adding to their personal debt by travelling long distances to away matches, it has been warned.
Statistics published by Liverpool Victoria Friendly Society show the average fanatic travels more than 5,000 miles each year to follow their team.
And the average figure of 5,554 miles is little more than two-thirds the maximum distance […]