It has been reported that retired people in the UK have thousands of pounds outstanding on credit cards and loans, with the average debt amongst retirees said to be on the increase. Read the rest of this entry

Consumers in the UK have been advised to budget properly to ensure that they manage their credit card debt effectively. A leading debt advisor has been offering tips and advice on how best to budget to ensure that consumers can make effective repayments on their credit card debts, Read the rest of this entry

It has been claimed that the recession in the UK is being made worse by the rising level of credit card defaults that have been seen recently. According to reports families are being forced into a very difficult financial situation, with tens of thousands of families being affected by the high level of credit card defaults. Read the rest of this entry

A shocking recent report has shown how it could take consumers nearly a whole century to clear as little as £5000 worth of debt on their credit cards with Barclaycard. Read the rest of this entry

A warning has been issued to solicitors over accepting services from firms that claim to be able to write off people’s loans and credit card debts. Read the rest of this entry

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