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Dorset debt concerns on the increase

admin — Fri, 04 Nov 2011 06:26:31 +0000

According to charity officials there are now more people than ever in Dorset who are worried about personal debt levels.

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Some Brits spend huge chunk of income on debt repayments

admin — Wed, 05 Oct 2011 02:44:33 +0000

Some Brits spend huge chunk of income on debt repayments

There are many people across the UK who have found themselves in increasing levels of debt over recent months, with the difficult financial climate making it more and more difficult for consumers to manage without turning to some form of credit. However, consumers are paying the price for their debts with a recent report indicating Some Brits spend huge chunk of income on debt repayments is a post from: The Thrifty Scot

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Pay freezes could lead to more debt

admin — Thu, 18 Aug 2011 17:24:02 +0000

Pay freezes could lead to more debt

There are concerns that continued pay freezes amongst public sector workers in particular could lead to increased debt, as households continue to struggle trying to cope with soaring living costs on salaries that are not rising. Even employees that are receiving a pay rise are finding that the increase is nowhere near enough to cover Pay freezes could lead to more debt is a post from: The Thrifty Scot

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More money found to fund debt advice

admin — Mon, 08 Aug 2011 01:47:57 +0000

More money found to fund debt advice

Recently the government announced that it would be cutting funding for debt advice services in the UK, sparking fears that the rising number of people hoping to get advice relating to their debt problems would be left high and dry. The situation elevated to the point where many debt advisors with the Citizen’s Advice Bureau More money found to fund debt advice is a post from: The Thrifty Scot

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Consumers less confident about finances after budget

admin — Sun, 31 Jul 2011 17:28:58 +0000

Consumers less confident about finances after budget

The recent 2011 Budget speech from the Chancellor of the Exchequer was, no doubt, meant to put the minds of consumers to rest, at least in some respects. However, despite George Osborne doing his best to lighten the load with various schemes aimed at increasing affordability such as first time buyers schemes and fuel duty Consumers less confident about finances after budget is a post from: The Thrifty Scot

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Personal debt affects household income

admin — Thu, 28 Jul 2011 01:29:30 +0000

Personal debt affects household income

Household finances for the month of July continued to decline, with the state of finances being blamed on both personal debt levels and inflation.

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People losing sleep over finances

admin — Wed, 20 Jul 2011 17:26:44 +0000

People losing sleep over finances

It has been claimed that more and more people are losing sleep over their finances these days, with the strain on household finances causing immense stress for many people. Charities have warned that many people cannot sleep because of their debt problems, and have gone as far as to say that debt worries are keeping People losing sleep over finances is a post from: The Thrifty Scot

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Many younger people struggling with debts

admin — Wed, 20 Jul 2011 17:26:39 +0000

Many younger people struggling with debts

There are many people across the UK that are struggling with debts in the current financial climate, with people of all ages finding it difficult to cope with the level of debt that they have. The Money Advice Trust has now released figures relating to the debt related problems being experienced by younger people in Many younger people struggling with debts is a post from: The Thrifty Scot

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Low earning people more reliant on credit cards

admin — Wed, 20 Jul 2011 17:23:49 +0000

Low earning people more reliant on credit cards

Over recent years more and more people have become reliant on credit cards, often because the difficult financial climate has left them struggling to make ends meet the way that they were previously able to. Other factors have also affected the increasing reliance on credit cards, such as soaring inflation coupled with wage freezes or Low earning people more reliant on credit cards is a post from: The Thrifty Scot

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Household debt for families gets worse

admin — Sun, 17 Jul 2011 01:25:42 +0000

Household debt for families gets worse

According to the results of recent research the household debt for families with children has been increasing since the beginning of this year whereas couples that do not have children are managing to reduce their debts and even save some money in some cases. The research was carried out by insurance and pensions giant Aviva, Household debt for families gets worse is a post from: The Thrifty Scot

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