The level of personal debt in the UK on things like unsecured loans, overdrafts and credit cards has reached staggering proportions recently and many consumers are struggling to manage their loans and other debts in the current economic climate, in many cases taking out even more loans and using credit cards to pay for day [...]
The recent budget announcement by the Chancellor of the Exchequer, George Osbourne, was introduced as a budget for growth and although it was obviously designed to send a positive message to people in the UK, with fuel duty cuts and help for first time buyers getting new loans, consumers now feel less confident about the [...]
Personal loan and credit card debts are a growing problem for many individuals in the UK, with more and more people struggling to keep up with their repayments on their loans, whilst building up ever increasing credit card balances at the same time.
The extra burden of loan and card debt on a large percentage of [...]
Although the credit crunch has had a huge impact on a wide range of the population of the UK, those in employment have still had a salary coming in every month to allow them to be able to pay their personal loan debts and other bills.
A new report has revealed that out of those self [...]
The effects of the credit crunch and recession are still having a huge impact on individuals in the UK, particularly when it comes to staying on top of their monthly bills and in particular keeping up with the repayments on their home owner loan, credit cards and personal loans.
Whilst many people are struggling to keep [...]
The credit crunch and recent recession have been a severe wake up call for many individuals in the UK, causing them to rethink their financial situation and take a more cautious approach, with repaying debts on personal loans and credit cards becoming a top priority.
Although personal loan and credit card debt is still increasing, the [...]
It is well known that high levels of debt on things like personal loans and credit cards can cause severe stress and worry for individuals, but a new report has found that loan debt is also having an effect on family life, following the recession and the probability of hard times ahead.
The new survey, which [...]
