The latest statistics provided by The Money Charity show worrying signs that debt levels in the UK are not slowing down, leading to increasing concerns that lessons from the financial crisis of 2007-2008
A report into family finances from Aviva has shown that families’ debt levels are at the highest level in the last two and a half years.
At least 1 in 20 households are using ‘controversial’ pay-day loans to get by – despite the warnings from the Financial Conduct Authority, who incidentally are considering a ban on all advertising from payday lenders from next year.
For UK households living in a rented appartment, their monthly rent payments often make up the biggest chunk of their budget, frequently exceeding spendings on food, electricity or heating combined. Accordingly,
Parenthood can be a blessing. Providing for a protected environment for your children, watching them grow up and sharing all the important moments of their life are an experience incomparable to anything
According to the Debt Advisory Line's Jim Rowley, new rules proposed by the Financial Services Authority (FSA) to reduce risky lending could mark an important step forward towards a safer housing market