Many British residents with low incomes are being targeted by loan sharks failing to offer the best rate of interest, one expert has warned.
Tag: Debt
This Is Money: Bank Governor: Families Face Debt Crisis
Rising debts are causing ‘serious’ problems for the families involved but not yet weighing on economic growth, according to the Bank of England governor10 steps to get out of debt
MoneyExpert: Barclaycard: Debts Of £1.5bn To Be Written Off
Credit card provider Barclaycard said it expects to have to write off around £1.5 billion of debt defaulted by customers this year.
Motley Fool: Drive Out Your Debt Demons!
I was amused to learn that the Conservatives have launched a new website which is designed to warn (young) people about the dangers of running up too much debt.
Motley Fool: Barclays Still Doing Well
Barclays (LSE: BARC) gave further insight this morning into whether the bank can sustain its sector-beating share price performance with a third-quarter trading statement. As predicted, most areas of the bank contributed excellent performances, with the full year results expected to be “in line with current market consensus”, according to Chief Executive John Varley.
This Is Money: Expert Small-cap Share Tips
Our small caps experts reveal the Aim stocks that are set to fly or dive. This week: Debt Free Direct, Prime People and CustomVis
This Is Money: National Debt Is £1.3 Trillion
Researchers have claimed that the National Debt is three times higher than Government figures
This Is Money: Alarm At ‘quickie’ Bankruptcy
Debts of up to £15,000 could be written off after a year with no need to go to court under the ‘quickie’ bankruptcy
MoneyExpert: Myvesta: Mistakes Made During Bankruptcy
A financial advice firm is offering help to those who find themselves having to declare bankruptcy.
Scotsman: ‘Savings Have To Be The New Must-have, Like An IPod’
ADOPTING a “SAVE” philosophy is the way ahead if debt is to be reduced in the UK, according to Trevor Matthews, chief executive of Standard Life Assurance.