Tag: Debt

A guide to the best ways of dealing with short term debt

Getting into debt is an uncommon occurrence in today’s world. As the economy slowly recovers from the impact of the recession, more and more people are finding themselves subjected to tighter credit providers. This is making it harder to obtain … Continue reading

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Posted by: Jessica Odell Categories: Finance Tags: , , , , Comments Off

Nation still struggling with debt

While the outlook for the UK economy may be looking decidedly brighter, with the Organisation for Economic Co-Operation and Development (OECD) forecasting that the economy grew by 1.5% rather than 0.8% in 2013, it should logically follow that Brits should … Continue reading

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Posted by: nicolasevern Categories: Finance Tags: , , Comments Off

Debt problems most prevalent among the under-25s

Research by a debt advice charity has revealed that over 22,000 adults aged under 25 sought its help in 2012, demonstrating the “acutely vulnerable economic position” of young people.

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Posted by: WarrenWilson Categories: Finance Tags: , , Comments Off

Top tips to avoid falling into debt this Christmas

With just over 30 days to go until Christmas, the countdown has begun and the festive rush to buy seasonal goods is well and truly on.

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Posted by: WarrenWilson Categories: Finance Tags: , , , Comments Off

Overdraft debt increases amid tighter lending conditions

The number of consumers struggling with overdraft debt is on the rise, as credit card and personal loan providers impose tighter criteria for lending, according to a leading debt advice charity.

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Posted by: WarrenWilson Categories: Finance Tags: , , Comments Off

Five ways to avoid debt

According to figures from money charity Credit Action, average household debt including mortgages is £55,483 with the UK as a whole in £1.459 trillion of outstanding personal debt.

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Posted by: WarrenWilson Categories: Uncategorized Tags: , 1 Comment

Consumers cautious over credit card borrowing

The UK’s ailing economy has meant that consumers are now carefully guarding their finances; with credit card lending last month falling by its greatest rate since August 2006.

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Posted by: WarrenWilson Categories: Finance Tags: , , , Comments Off

Mail order debt is biggest burden on consumers

Debt from mail order catalogues has surpassed mortgages or rent and payday loans as the biggest drain on consumers’ finances.

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Posted by: WarrenWilson Categories: Finance Tags: , Comments Off