The Money Stop » debt

New Year’s resolution – get your finances in place by following these simple tips

guest — Wed, 11 Jan 2012 16:06:46 +0000

Here we are in the New Year and again, we have a resolution to sort our finances out, once and for all. With the whole of Europe on an austerity drive, personal financial planning has never been more important, so below are 5 tips from Money Vista that will help you get [...]

New Year’s resolution – get your finances in place by following these simple tips is a post from: The Money Stop

Millions have a year or more of debt on their cards

Reno — Tue, 05 Oct 2010 19:15:07 +0000

It has been reported that millions of borrowers in the UK have outstanding credit card debts of a year or more, with many only managing minimum repayments on their debts in the current outstanding climate. According to the report more than six million people have had an outstanding balance on their credit cards for at [...]

Millions have a year or more of debt on their cards is a post from: The Money Stop

Loan service launched to help consumers avoid loans sharks

Reno — Wed, 22 Sep 2010 23:40:47 +0000

A new loans service has been launched in the UK to help consumers get the finance that they need to manage financially without having to turn to loan sharks, according to recent reports. There have been many concerns expressed about consumers that cannot get traditional credit, as many turn to unscrupulous and unregulated loans sharks [...]

Loan service launched to help consumers avoid loans sharks is a post from: The Money Stop

Credit card debts soaring amongst pensioners

Reno — Thu, 16 Sep 2010 14:47:49 +0000

It has been reported recently that credit card debt amongst pensioners has been soaring, with struggling pensioners sitting on £1.1 billion worth of credit card debt. Financial problems amongst many pensioners have increased as a result of soaring inflation coupled with minimal rates of interest being paid on their life savings. Figures were released recently by [...]

Credit card debts soaring amongst pensioners is a post from: The Money Stop

Government advises consumers to be aware of payday loan risks

Reno — Thu, 09 Sep 2010 15:13:06 +0000

There have been mixed opinions about payday loans over the past year or so, with these loans being highlighted as a result of the rising number of people that have been turning to them because of difficulties in getting credit elsewhere during the recession and financial crisis. Many officials have expressed concern over the rate of [...]

Government advises consumers to be aware of payday loan risks is a post from: The Money Stop

Billions accrued in debt during downturn

Reno — Wed, 25 Aug 2010 21:43:54 +0000

It has been claimed in a recent report that Brits have managed to accrue billions of pounds in debt during the economic downturn as a result of their shopping addictions. Despite the money worries and concerns over job security that have been experienced by many consumers many have continued indulging in their shopping addiction, and [...]

Billions accrued in debt during downturn is a post from: The Money Stop

Payday loans soar due to credit crunch

Reno — Mon, 16 Aug 2010 17:53:11 +0000

Payday loans have been at the centre of controversy for some time, and this is largely due to the high rate of interest charged by these lenders on an annual basis. However, some have argues that these lenders receive unnecessary bad press, because the interest charged is not that much providing the loan is paid [...]

Payday loans soar due to credit crunch is a post from: The Money Stop

Getting better information on credit in current economic and financial climate

guest — Thu, 05 Aug 2010 13:42:11 +0000

The global financial crisis and recession has had a profound impact on the lives of many people in terms of finances, and one of the areas that has been deeply affected by the economic and financial climate over the past couple of years is the financial sector. The availability of credit has plummeted as a [...]

Getting better information on credit in current economic and financial climate is a post from: The Money Stop

Increase seen in debt consolidation loan enquiries

Reno — Sat, 22 May 2010 16:57:29 +0000

According to a recent report the number of enquiries relating to debt consolidation in the UK has been rising, as consumers struggle to cope with their debt and look for solutions to try and ease the financial strain. Over the last couple of years debt problems have become a major issue for many people, with [...]

Increase seen in debt consolidation loan enquiries is a post from: The Money Stop

Should Brits take out loans for weddings?

Reno — Thu, 13 May 2010 17:15:44 +0000

As most married couples will already know getting married can be an expensive affair if you want all the trimmings, and those that are looking to have the perfect wedding, entertain guests, provide food and entertainment, and round things off with a romantic honeymoon will know that the cost can run into thousands of pounds. In [...]

Should Brits take out loans for weddings? is a post from: The Money Stop