Credit cards are increasingly popular and, although they can have their uses, it is far too easy to end up with credit card debt that spirals out of control. According to the money education charity Credit Action, in April 2013 the total UK credit card debt was £55.3 billion. Credit cards can be dangerous because…
Finding the right current account is important to make sure that you can manage your money easily and get the right amount of support from your bank. Below is a bit of background on some of the main types of current account that are available, to help you make an informed choice when opening a…
As many people live in fear of the next utility bill slamming through the letterbox, gas and electricity suppliers are counting their money. The Daily Express lists the 2012 profits of the Big 6 utility companies as: Scottish Power: profits £1.9 billion – prices up seven per cent. Centrica (British Gas): profits £2.7 billion –…
The latest generation of British workers is being dubbed the debt-eration, as new figures have revealed that six out of ten people in the 18 to 30-year-old age group are already trying to get out of debt. Many financial experts agree that the last five years have been among the hardest in living memory for…
If you are burdened by the weight of debt, you should take some comfort in knowing that you are not alone. Thousands of people in the UK have succumbed to the spectre of debt due to rising costs of living and the drying up of traditional forms of credit. People who can’t pay payday loans…
You may feel like you are working harder than ever before and yet are still finding that you are struggle just to maintain the standard of living that you have always enjoyed. Putting more effort in should result in getting more rewards, but in a tough economic climate this is not necessarily the case. The…