Finance and Credit Professional

An increasing number of consumers are developing debt difficulties, according to new research.In a study from Thomas Charles, 8.2 million Britons are reported to have "serious" problems managing their finances. Out of these consumers, just under a quarter (2.1 million) are said to be struggling to make repayments on various aspects of borrowing such as [...]

The majority of Britons have received a 'red reminder', new figures reveal. According to research conducted by Lloyds TSB, two-thirds of consumers (66 per cent) have had a final warning demanding payments for secured personal loans, utility bills and credit cards.Findings by the financial services firm also indicated that 45 per cent of Britons are [...]