Over half plan to pay off their Christmas debts 'immediately'

More than half (51%) of people using credit to fund this year's festivities plan to repay it 'immediately', according to research from the Money Advice Service. This means that they will pay little or no interest - Read more

House of Lords wants a cap on payday loan interest

The issue of payday loans, and the interest charged on them, has reached the House of Lords, reports the BBC . A Labour Peer, who is also a Bishop, felt that the Government's Financial Services Bill did Read more

Self-employed 'more dependent on debt'

The self-employed are more dependent on credit than people working for a company, and could be most at risk of falling into a cycle of debt problems. That's according to new research carried out by the University of Bristol's Read more

Little white lies? One in five 'keeps debts and savings secret from partner'

A survey of cohabiting couples over the age of 40 by Prudential found that one in five has debts that they haven't told their partner about, according to The Telegraph . That equates to around 6.2 Read more

Rising cost of living 'hits poorest hardest'

When people talk about inflation in the news, you may hear them mention the 'squeezed middle': an economic group of people on middle incomes, often mentioned as the group who've been hit hardest by the rising cost of living. Read more
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