Loan News
OFT joins campaign to stop loan sharks
The OFT is taking part in a campaign to warn people of the dangers of loan sharks that charge exorbitant interest and use violence and threats to enforce debts.
Couples say ‘I don’t’ to credit cards and loans
Cost-conscious brides and grooms are getting creative to finance their big day without resorting to credit cards and loans, according to new research from cashback website Quidco.com.
Anonymity key to popularity of online debt counselling
Leading debt charity Consumer Credit Counselling Service (CCCS) says it believes that anonymity is the driving factor behind the growing popularity of its online debt counselling.
Unsecured lending rates increase despite low base rate
Independent financial research company Defaqto highlights the increased cost of unsecured loans.
Sharp rise in calls to debt charity’s helpline
Leading debt charity Consumer Credit Counselling Service (CCCS) has seen a sharp rise in calls to its helpline in the first three months of the year.
Brits return to borrowing ways
Brits are returning to their borrowing ways, as by Q4 2009 they were borrowing 62p for every pound that they saved, according to research from unbiased.co.uk.
Bailing out the Bank of Mum and Dad
Thirty one per cent of parents borrowed money from their kids at least once during 2009, according to research from personal finance product comparison website, money.co.uk.
Money Week – Increase your personal finance knowledge
The UK's leading debt charity, Consumer Credit Counselling Service (CCCS), is urging people to spend time filling the gaps in their personal finance knowledge during the National Skills Academy Financial Services' (NSAFS) Money Week.
Debt charity identifies insolvency gender divide
Men are more likely to become insolvent than women according to Consumer Credit Counselling Service (CCCS), the UK's leading debt charity.
2010 - Is debt on the rise again?
The latest 'Lending to Individuals' figures from the Bank of England revealed an increase in 'net lending' in the first month of the year.
CCCS offers free debt advice and support
As research published by comparison website moneysupermarket.com has found that ten percent of British adults live on their overdraft, a leading debt charity is calling on anyone who is permanently in their overdraft to seek help.
Citizens Advice Bureaux helps record numbers with debt problems
The continuing impact of the recession is driving record numbers of people to seek help from Citizens Advice Bureaux with debt, benefit, employment and housing problems.
Christmas spending prompts sharp rise in retail instalment credit
Store instalment credit rose sharply in December as savvy consumers looked to use credit sensibly to meet specific purchase needs.
Record insolvencies just the tip of the debt iceberg
The latest insolvency figures, showing record insolvencies in 2009, are just the tip of the personal debt iceberg, according to insolvency trade body R3.
CCCS meets rising demand for help with debt
Leading debt charity Consumer Credit Counselling Service (CCCS) has supported warnings by price comparison website moneysupermarket.com about fee charging debt management companies that take several monthly payments as an up front fee before creditors receive any money.