Archives for June 2008
Make sure you have essential insurance, says expert
Article Category: Debt Consolidation Help and Advice Consumers failing to insure themselves against risks will only come to regret it, one expert has said.Fool.co.uk revealed those considering cutting back on insurance policies should ensure they do not cut essential cover such as car and home insurance.David Kuo, head of personal finance at the website, said […]
Payday loans on the up, says poll
Article Category: Debt Management Help and AdviceThere is an increasing amount of payday loans being taken out by UK households due to bad debt, new research has found.A report by Moneysupermarket.com – commissioned by the Times – revealed the total number of payday loans taken out by Brits has soared by 130 per cent since […]
Brits expect property price falls, says poll
Article Category: Debt Management Help and AdviceThe majority of British householders expect UK property prices to fall within the next year, one new study has found.A survey by YouGov found nearly three-quarters of UK households expect the market’s price correction to continue for at least 12 months.The Building Society Association (BSA) Property Price Tracker revealed […]
Shoppers sign up for loyalty schemes
Article Category: Debt Management Help and AdviceThe rising cost of living has driven 500,000 shoppers to sign up for online loyalty schemes.According to consumer loyalty website froggybank.co.uk, the number of consumers singing up to get money off internet purchases has boomed by 64 per cent in the past six months.The company added there has been […]
Workers seek second jobs, says expert
Article Category: Debt Consolidation Help and Advice Thousands of UK employees are seeking second jobs in order to cope with the effects of the rising cost of living, it has been reported.PeoplePerHour.com revealed a rise of more than one third (35 per cent) in the number of full-time workers registering their freelance services in order […]
Poll: Youngsters struggling under debts
Article Category: IVA (Individual Voluntary Arrangement) Up to one quarter of young people in the UK have suffered mental health problems because of bad debt, new research has said.A report – called Penny for your Thoughts – by charity YouthNet also revealed one in five 16 to 24-year-olds hope for the best when it comes […]
Inflation exceeds 11%, says index
Article Category: Debt Management Help and AdviceInflation hits 11.6 per cent – quadruple that of the Bank of England’s official figure, it has been reported.The Daily Mirror index revealed the figure on Monday (June 23rd) explaining that transport costs were up 16 per cent, food by 14 per cent and utilities by 13 per cent.People […]
Strike action looms in pay row
Article Category: Debt Management Help and AdviceThousands of local authority workers are threatening to strike over a pay row, it has been reported.Industrial action by workers at Doncaster council has been threatened because staff say they are struggling with the soaring cost of living and the pay rise offered is not enough, according to the […]
Pension savings ‘not enough’
Article Category: Debt Management Help and AdviceBrits are not saving enough money for retirement, one expert has said.IFG Financial Services revealed the nation’s average pension contributions are not enough and this will lead to shortcomings in retirement.Donna Bradshaw, a financial planning strategist at the firm, said people are not saving enough in general – maybe […]
Young ‘need to plan money’
Article Category: Debt Management Help and AdviceThe nation’s youngsters need to plan for their financial future as soon as possible, one charity has said.According to the Personal Finance Education Group, financial advice aimed at young people is a "very sensible" idea.Wendy Van den Hende, the charity’s chief executive, said many people do not think about […]