Save Money with a Fixed Rate Mortgage

With a large number of Britons struggling with debt problems, the news that the Bank of England might well increase its base interest rate in 2015 was certainly not welcomed by anyone. Homeowners who are on the Standard Variable Rate (SVR) offered by their lender or are approaching the end of their current deal can […]

One More Reason Why Britons are Sliding into Debt

What would happen to a nation if its citizens were to gradually earn less instead of more? A logical answer to that question would be that they would eventually succumb to debt and that many of them will in the end face bankruptcy. The sad reality is that we are not talking about a theoretical […]

Tenants Have Less Protection Against Financial Disasters

New research by insurance firm Aviva reveals that many of the seven million people in the UK who are currently renting a property are more vulnerable to debt problems should they suffer a sudden and unexpected loss of earnings or incur unforeseen expenditure. The study revealed that, while 13% of those living in a home […]

How to Stay Out of Debt This Christmas

Last year the Money Advice Service (MAS) carried out a survey the results of which indicated that approximately 34% of Britons feared they would end up in debt after spending too much over the Christmas period. The organisation says all the information at its disposal indicates that this did indeed happen. Very often, it’s simply […]

Insurer Highlights Increasing Debt Levels Among Individuals Over 55

In a recent article we reported on research carried out by the British charity StepChange, which showed that problem debt is costing the UK in the region of £8.3 billion a year. Traditionally, debt has been a much bigger problem in the under-40 age group, but a new study recently revealed that debt among the […]

Two More Reasons Why Many Britons are Slipping into Debt

Ever wondered why your pay cheque is simply not going as far as it used to and why you are trapped in a spiral of debt? The reason might not be financial mismanagement as many experts claim. According to a new study by the consumer group Which?, we are currently paying £410 per year more […]