Schools Aren’t Teaching Students About Debt

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There is a serious shortage of financial education in schools, according to two new surveys undertaken by the financial education charity, IFS University College. The results found that huge numbers of people are leaving school without knowing enough about managing their finances. According to industry experts, this could have long term implications for the UK’s […]

Potential Debt Disaster for the UK?

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In just six months, the amount of household debt in the UK has increased by two-fifths, a report published by Aviva’s Family Finances has discovered. The figures show that the average debt experienced has risen to £13,520, from £9,520 last summer. These statistics, that don’t take into consideration mortgage debt, are the highest levels for […]

10 Years of Debt for Young People

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When it comes to debt for young people, it appears that it is not good news, according to a new study conducted by YouGov, the international market research company. They’ve found that one in five young people aged between 18 and 25, are looking at more than 10 years to pay off personal debt. The […]

UK Personal Borrowing Hits £180bn

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This time of year is characteristically a difficult one to navigate when it comes to personal finances. In light of recent figures, it seems this year has hit people even harder than previous ones already. A research project for BBC news, conducted by Experian and debt charity StepChange has highlighted the amount of personal debt […]

January Survival Guide

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For so many, January is the dreaded month. The winter is in full swing, the festive period is over, and we’re trying desperately to recover financially after overspending at Christmas. To try and combat this situation, we’ve created a short survival guide to help you through the hardest month of the year. Enter sales with […]

The Payday Lender Dollar to return £15.4 million to Customers

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147,000 customers of the payday lender Dollar will have a share of £15.4 million returned to them. The Financial Conduct Authority (FCA) made the decision with Dollar to return the money because the firm’s affordability checks, debt collection practices and system errors were not of an adequate standard. As a result, many of the people […]

Debt Figures for the UK

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Unfortunately, debt is an all too common occurrence this present day. Many people, from all walks of life, can find themselves in debt, often through no fault of their own. With over 30 years of experience in the Financial Services industry, we have helped people from across the spectrum of society to manage their debts […]

The Problem Debt Generation

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The problem of debt is universal and won’t be confined to a certain age, gender or location. We all have the capacity to fall into debt and struggle to make ends meet when certain situations turn against us. The age group that seems to suffer much more than any other though are those between 17 […]