- Sunday, April 11, 2010, 22:15
- Newsletter NEW
Three in five people plan to increase spending this year, as the cutbacks of the last 18 months in most households are replaced by the need to treat ourselves. But with figures showing Brits borrowing 62p for every £1 we saved in the last three months of 2009, it seems that millions are not dealing with their debt problems.
However now more than ever there is ...
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- Wednesday, April 7, 2010, 9:15
- Newsletter NEW
Brits borrowed 62p for every pound we saved in the last quarter of 2009. The issue of problem debts has become so large that debt help products that help consumers to reduce debt levels by negotiating debt write downs with their creditors are fast becoming a mainstream financial product.
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- Tuesday, July 1, 2008, 17:17
- Personal Finance
Consumer confidence in the current UK economy is at the lowest level since the end of the last recession in 1992. And with families increasingly feeling the pressure of rising utility, food and mortgage costs, confidence in the future of the UK economy has plummeted to levels not recorded for 26 years, in 1982.*
With consumers feeling the pinch from all sides, it’s no surprise that ...
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- Thursday, June 26, 2008, 12:26
- Personal Finance
It was around this time last year that the first rumblings began emerging from the international markets of serious problems with the US sub-prime mortgage market. Many of us have felt the resulting effects of tightened credit conditions, and it’s far from over – in fact, it appears that things are still getting worse.
The British Bankers Association recently reported that the number of new mortgage ...
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- Tuesday, June 3, 2008, 9:57
- Personal Finance
No matter how tired you are of being endlessly broke, watching your mortgage repayments rise, and having to continuously put off getting the kitchen re-done because you just plain can’t afford it (not to mention those Gucci sling-backs that gave you the backside of a 16 year old), you’ve got to ask yourself: Is the credit crunch making it chic to be cheap?
How many times in ...
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