Banks hassling struggling consumers

Struggling consumers in debt in the UK are being targeted and hassled by some High Street banks, in a bid to try and get the consumer to ‘deal’ with their debt issues by taking out a more expensive loan. In many cases the banks are leaving the consumer in an even worse situation, with more [...]

Consumers warned not to fall victim to scam letters

Consumers are being warned to be vigilant with regards to their junk mail, and not to fall victim to elaborate scam mail, after a case involving an elderly woman highlighted how falling for this sort of scam can lead to incredible levels of debt. The woman reportedly got into thousands of pounds worth of debt [...]

Struggling borrowers need to ask banks for help

Officials from the British Bankers’ Association have stated that it is vital for consumers in the UK to contact their banks if they are struggling to keep up with repayments on their financial commitments. Although many consumers have been locked in a battle with their banks over the past year or two over everything from [...]

New curriculum will help kids to understand financial management

As part of a new curriculum children in schools across the UK will be learning about effective financial management and learning how to stay out of debt. Although the adults of today cannot imagine learning this type of topic at school, the levels of consumer debt throughout the UK have been cause for great concern [...]

Dealing with Credit Card Debt

Being in a debt can give you sleepless nights. Credit card debt can ruin your chances of getting a car loan or mortgage. It is advisable to manage your credit card debt to avoid any future financial complications.
Here, are some of the tips that will help you in reducing your credit card debt.

Calculate how much [...]