Finance and Credit Professional

The consumer credit sector is on track for a downturn over the course of 2007, new figures indicate.According to research conducted by Datamonitor, the amount of money the public borrows - whether this is through secured loans, overdrafts or credit cards - is set to continue to fall over the remainder of this year. The [...]

Young people could be finding themselves coming under increased financial pressure, new research reveals.A study conducted by youth marketing agency Face found that about half of Britons between the ages of 16 and 25 have run up debts equating to more than 50 per cent of their annual earnings. The findings also indicated that people [...]

A rising number of people in one Yorkshire town are struggling when it comes to managing money, new research shows.According to the Bridlington branch of Citizens Advice, more than 300 new cases of consumers developing difficulties in meeting loan payments and other demands on their spending have been taken on by the advisory service over [...]