Debt News

Couples staying together for financial reasons
One in 20 people in the UK claim to be "financially shackled to their partner", according to a new survey.

NCC in drive to make doorstep lending fairer
The National Consumer Council (NCC) has said it wants to make doorstep lending fairer for low-income families who are often forced to use the form of credit.

Millions fear base rate hike
Millions of Britons are worried they might develop debt problems if the Bank of England raises base rates on Thursday, a new study has found.

Clear debts for a financially happy New Year
Reducing and paying off debts is the top financial goal for people in the New Year, a new study reveals.

Citizens Advice issues Christmas debt test
Citizens Advice is helping people avoid a debt hangover in the New Year, with the use of an online quiz.

Endsleigh insurance calls for student debt advice
Endsleigh is calling for students to get debt advice while they are at college and university to help them avoid them developing debt problems.

New rules to get tough on bad credit loans
Lenders are to be required to display the real cost of credit before and during the term of the loan.

Survey reveals people desire debt help
A survey by Debt Free Direct, the independent advice service, has shown a high level of concern over rising interest rates and a worrying gap in knowledge about debt help.

Loan firm slammed
Loan firm North London Securities has been roundly criticised in the media and in court over attempts to exact £384,000 in overdue payment for a £5,750 loan.

Banking chiefs to be quizzed about credit card debt
The chief executives of the country's leading banks and lenders are to be questioned on the state of credit card lending.

Debt levels reaching crisis point
The number of people struggling with consumer debt is reaching "crisis" levels, the Citizens Advice Bureau (CAB) has warned.

Equity release demand slows
UK homeowners are withdrawing less cash from their properties as higher borrowing costs take their toll, new research indicates.

UK interest rate rises may be at an end
The UK base rate of borrowing may have almost reached its peak, according to a member of the Bank of England's Monetary Policy Committee (MPC).

Lifestyle makes debt reduction difficult
Consumers find it difficult to get on top of their debt because their spending habits are dictated by necessity rather than their own extravagance, according to new research.

Bristol & West mortgage helps graduates beat debt
A new mortgage offer from the building society Bristol & West is promising to get more graduates on the property ladder.

HSBC offers debt help
As students start back at university, HSBC has released tips and advice to help them achieve a first in student finance.

Barclays boss not worried about debt
The boss of Barclays Bank has been speaking out over debt in the UK, saying he is not worried about the current situation.

Abbey unveils new fixed rate loans
Fixed rate loans are the order of the day at Abbey, with the launch of a two-year fixed mortgage deal.