Homeowners Look To Remortgage ‘As A Means Of Debt Consolidation’

More homeowners are remortgaging in an attempt to clear their debts, an industry expert has suggested.
According to Sue Anderson, head of member and external relations for the Council of Mortgage Lenders (CML), consumers have often tended to take out a new loan with a different provider as a means of funding home improvement projects. However, [...]


Millions Of People ‘Should Look To Debt Consolidation Loans’

Millions of people across the UK are currently concerned about the level of their debts, prompting many to investigate debt consolidation loans, one price comparison site has asserted.
According to personal finance commentator MoneyExpert, 2.48 million people in the UK are “very concerned” about their debts. However, although the figure represents seven per cent of the [...]


All You Need To Know About UK Debt And Equity Management

All debt related issues are obviously very important, but few are more so than that of UK debt and equity management. Whether you actually live in the United Kingdom or not, if you are interested in learning more about the subject of UK debt and equity management there are a few companies in particular that [...]


‘Demand’ For Generic Financial Advice

There is a great need for a generic financial advisory service to be rolled out across Britain.
So claims Citizens Advice, following analysis of a pilot project it carried out with a number of independent financial advisers (IFAs) and the Personal Finance Society. Funded by Barclays and Aegon, the Moneyplan scheme saw some 30 IFAs offer [...]


Millions ‘On The Edge’ Of Debt Difficulties

Britons are increasingly living on a financial “edge”, it has been suggested.
In research carried out by Combined Insurance, just under a quarter of adults (23 per cent) do not have any money put into savings schemes. However, the study suggested that some could be facing further financial pressures as about a third of parents with [...]


Despite Debt Concerns ‘Consumers Are Taking Steps To Manage Borrowing’

An increasing number of Britons are becoming worried about their ability to manage their finances, new research reveals.
In the debt index study conducted by MoneyExpert, more than a tenth (11 per cent) of those people owing money were “very concerned” about their capacity to make repayments on their borrowing, whether through personal loans, credit cards [...]


Consolidate Bad Credit As A Renter

Taking care of your money is quite a complex process to perform since there exist several various different options for you to accomplish this goal. Hundreds of companies have been started that provide ways for people to invest and save their money at a certain price. Many of these companies also give out [...]


Consumers Need ‘More Help With Debt’

More work needs to be done to help consumers get to grips with making loan repayments and other aspects of their money management, an industry expert has declared.
Speaking at Helping People Make the Most of their Money - the inaugural money conference held by Citizens Advice - Teresa Perchard, director of public policy for the [...]


Debt Consolidation ‘Key Reason’ For Applying For Personal Loan

An increasing number of people are applying for a personal loan as a means of consolidating their previous debts, an industry expert has declared.
According to Robin Amlot, senior editor of Moneyextra, more Britons are now looking towards a personal loan to help them quickly meet a number of commitments on their spending, such as credit [...]


Consumers ‘Denying Responsibility For Debt’

As many as three-quarters of consumers feel that they are not responsible for their level of debt, new figures suggest.
Research published today by personal finance commentator Callcredit has indicated that almost 75 per cent of consumers blame others for their over-indebtedness. The firm has stated that, with recent Bank of England figures revealing a rise [...]