The cost of servicing government debt has hit its highest point in 25 years because of rising inflation.
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Repayment plans pushing thousands into deeper debt
The number of people with crippling debts who have entered into controversial official agreements to repay the money has reached an all-time high, new figures reveal.
Buy now, pay later customers unaware of debt risks, warns Which?
Stronger safeguards are needed to protect the millions of UK shoppers who use “buy now, pay later” deals because many people do not realise they are taking on debt, a consumer body has warned.
How Can a Newly Married Couple Manage Debt and Money Ideally?
As a married couple; you are spending and saving with a partner now!
Things To Consider Before Choosing The Top Debt Relief Company
Being financially responsible and dealing with debt are two things that work hand in hand with each other.
1 in 10 ‘buy now, pay later’ shoppers chased by debt collectors
One in ten shoppers opting for “buy now, pay later” services are being chased by debt collectors amid surging demand for this form of credit, according to a Citizens Advice report.
UK homeowners repay £1.4bn more mortgage debt in July than they borrow
UK homeowners made a rare net repayment of mortgage debt in July as the tapering of the stamp duty holiday in England and Northern Ireland fuelled a drop in housing market activity after a record June.
5 Passive income ideas to help you get out of debt
If you want to get out of debt soon, you may consider creating a passive income stream to supplement you on that. But, unfortunately, it’s almost impossible to get out of debt while depending on paycheck alone.
5 Ways to Get Out of Medical Bill Debt
Getting out of medical debt is an uphill battle. Debt collectors harass you, other bills pile up, what can you do?
Arcadia administrators hand Lady Green £50m in secured debt deal
Sir Philip Green’s wife has received £50 million from the remains of her husband’s Arcadia retail empire while unsecured creditors will receive only 10p in the pound.
Practical debt reduction tips for business leaders
Running your own business can often feel like you are stuck in a never-ending cycle of not making enough money to invest back into the company,
Can the UK develop a safer, more robust freeport system?
On July 13, the UK concluded its public consultation on the establishment of up to 10 special tax zones, known as “freeports”, across the UK.
3 Benefits of debt settlement you should consider
While some people may think that debt settlement as a costly mistake, the truth is that it can help you settle your debt at a lesser cost than that you owe.
Banks fear wave of bad debt amid rising demand for loans
The demand for loans is expected to increase just as banks slow down their lending and prepare for a wave of bad debts, according to a Bank of England survey.
UK car finance and pawnbroker payment freeze extended for further 3 months
The UK’s financial regulator has given customers of car finance and other forms of high-cost credit the option of freezing payments and repossessions for three more months, amid concerns about a mounting economic toll from the coronavirus pandemic.