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Debt worries as incomes lag behind inflation
UK incomes continue to rise at a slower rate than inflation, meaning that the average person has less spending power and is at greater risk of slipping into debt problems. However, new statistics have...
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The debt problem – how much do you owe?
Over a third of Brits have no clue about how much they owe on credit cards, according to worrying new research. They are also in the dark about what interest rates they are being charged, which means...
View ArticleCelebrity bankruptcy and the solution to your debt problems
If you’ve found things a bit tight lately then you’re not alone. With the downturn in the economy a huge number of people have found themselves burdened with a debt that is starting to spiral out of...
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Many people keep debt problems secret from their partners
A survey from the Co-operative Bank has revealed that there are millions of people in Britain who are keeping their debt problems secret from their loved ones. With so many people trying to hide their...
View ArticleNew Report Highlights How Wales is Struggling with a Poverty Crisis
According to the charity Children in Wales, many Welsh families are struggling with poverty. Their report shown that some families are being forced to walk miles to food banks in order to feed their...
View ArticleFood Bank to Offer Payday Loan Debt Advice
The Trussell Trust, a leading UK food bank charity, has announced they plan to launch a pilot scheme that offers debt advice to borrowers. Financial help will be given to people who have been referred...
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How Basic Essentials Cost Pensioners £10,000
New research has found that an average UK pensioner is spending approximately £10,387 per year on just basic essentials, such as food and fuel. Food is thought to be their biggest cost at £1,563 per...
View ArticleOne in Three Brits Admit to Payday Spending Sprees
One in three Brits have admitted they go on a spending spree the first few days after payday, with the average person spending £240 in 24 hours. The report by Quidco, a cashback and voucher code...
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