It would appear that since the effects of the credit crunch are finally being felt by the majority of the UK population and with the prospect of a looming recession to look forward to, the penny has eventually dropped for many individuals with personal loans and credit card debt, as they begin to make a [...]
Over the course of the past few years, many individuals in the UK have built up a significant level of personal debt through things such as credit cards, personal loans and other finance agreements.
This can be extremely expensive on the regular monthly repayments and difficult to manage all the separate payments throughout the month. As [...]
Since the beginning of the credit crunch and the subsequent slow down in the UK economy, there has been a lot of concern over the plight and financial problems being faced by many home owners, many of whom have built up large debts over the years through their mortgage, other personal loans and credit cards.
But [...]
Since the start of the credit crunch last year, consumers living in the UK have bee advised to batten down the hatches, cut back on unnecessary spending and focus on reducing their levels of debt on loans and credit cards and increase their savings in order to provide for an emergency fund to see them [...]
0% interest balance transfer services made available through credit cards are expected to completely dry up from the portfolios of many credit providers over the coming months.
One of the most noticeable effects that the credit crunch has had on society is that it has effectively rendered cheap credit (and the availability thereof) almost obsolete. This [...]
Matters of personal debt have become the number one talking point for British consumers, as tightening economic conditions affect the way in which we manage our daily lives.
A new study conducted by the Alliance and Leicester has discovered that more than half of all people living within the UK, are actively discussing their own personal [...]
British households have amassed an average unsecured debt in excess of £10’000, reveals a new report.
According to recent market analysis, compiled using the most up to date credit management statistics, personal unsecured debt has rose by approximately 6% in the last 12 months alone.
Worryingly however, the report also makes mention that the stats do not [...]
