Archives for 31 August 2007
Debt problems ’caused by lack of understanding’
Article Category: Debt Management Help and Advice
Greater financial education for young people could prevent many debt problems, it has been claimed.
Citizens Advice argues that a lack of awareness of financial management techniques is leading to many individuals developing affordability issues.
But by targeting skills-based lessons at 11 to 16-year-olds, a greater understanding of the dangers of […]
Equity release ‘used to consolidate debts’
Article Category: Debt Consolidation Help and Advice
An increasing proportion of Britons are turning to equity release plans as a means of consolidating debt, it has been claimed.
Sue Anderson, head of member and external relations at the Council of Mortgage Lenders, suggests that the figure could be rising due to new affordability concerns.
Historically such methods were […]