The current economic conditions in the UK have made finances difficult for many people and a growing number of individuals are struggling to stay on top of their loan repayments and other debts, although new figures show that some groups are more vulnerable than others.
The latest figures from the loan debt charity the Consumer Credit [...]
A growing number of employees in the UK are experiencing a freeze in their pay and salaries, as many employers struggle to keep their businesses afloat in the tough economic climate at the moment.
Only around one quarter of employees in the UK have received a pay rise so far this year and many have remained [...]
Borrowers with high levels of debt on personal loans and credit cards often find themselves in financial difficulty and in some cases can be tempted by seemingly attractive offers which claim to help them resolve their loan debt issues.
The consumer group Which? has found that a debt management company has been targeting potential loan customers [...]
Although many borrowers with large home owner loan have been struggling to stay on top of their loan repayments over the course of the past couple of years, the level of loan arrears and repossessions has fallen steadily for the last twelve months.
In many cases this has been due to financial help from the Government [...]
In recent years and particularly since the effects of the credit crunch have hit the UK, there has been a growing problem with people falling behind in their personal loan and credit card payments, leading to a build up of loan arrears and bad credit loans.
This in turn has led to a dramatic increase in [...]
Personal debt through unsecured loans and credit cards seems to have become the norm in the UK these days, with most individuals simply accepting their debt levels. But the threshold of debt levels at which people start to worry about their debts is increasing, according to research from moneysupermarket.com.
According to the latest survey from the [...]
More and more people in the UK are struggling to find suitable work, both on an employed and self employed basis, resulting in a significant drop in their household income, which is in turn leading to problems with keeping up with their personal loan and other debt repayments.
A growing number of individuals are now working [...]
