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Uncategorized Archive

Chancellor warns on consumer debt

14
SEP
2007
Chancellor Alistair Darling has urged Britain's banks to take a more cautious approach to lending. In an interview with the Daily Telegraph, Mr Darling said both lenders and borrowers needed…
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Numbers seeking debt advice soar

11
SEP
2007
The number of people seeking advice on how to meet their debts has hit record levels, the Citizens Advice Bureau (CAB) has warned. The CAB said 1.7 million people sought…
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Banks agree to charges test case

27
JUL
2007
A number of UK lenders, including HSBC, Lloyds TSB, Royal Bank of Scotland and Nationwide, have agreed to go to court in a test case about overdraft charges. On Friday,…
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Five reasons your credit score could be a surprise

30
MAR
2007
Borrowing is so much a part of 21st century life that being declined for a loan, credit card or mortgage can come as a shock, especially if your finances are…
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Finances are “greatest threat to quality of life”

02
MAR
2007
Despite the major issues that are dominating the news agenda, such as the environment, crime and terrorism, new research from Abbey reveals that finances are perceived as the biggest threat…
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Farepak victims targeted by loansharks

18
DEC
2006
Cash-strapped Farepak victims are being targeted by unscrupulous loan firms cashing in on heartache, an MP warned today. Hard-up families facing a bleak Christmas could be fleeced of their remaining…
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Tories outline debt-busting plans

23
NOV
2006
The Tories have outlined a six-point plan to tackle the growing personal debt "crisis" among people in the UK. They want people to better understand financial matters, with banks and…
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Britain's debt epidemic worsens

03
NOV
2006
Britain's debt epidemic has worsened, with the number of people in serious difficulties increasing by 400,000 in the past six months, figures showed on Thursday. A total 8.4 million adults,…
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