At this time of year many people are usually still lumbered with a heap of credit card debt, often on a number of different cards, and this is often as a result of the recent Christmas and New Year period, which for many people involves having to rack up huge levels of debt on their credit cards for things such as food, entertainment, clothes, gifts, travelling, and more. Read the rest of this entry

The Chancellor of the Exchequer, Alistair Darling, has admitted that the recession that has gripped the UK could last as long as two years, stating that the downturn was likely to be far worse that had originally been anticipated. Read the rest of this entry