April 1, 2012
According to a report released by the British Bankers’ Association (BBA) on Friday, UK overdraft, credit card, and personal loan repayments have surpassed new borrowing. For more than one year, UK consumers have been repaying these debts at the fastest rate, resulting in a £305 million net repayment, the highest figure since January 2011. Some ...
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March 7, 2012
The Co-operative Bank recently released some very disturbing research findings regarding UK consumer debt. Approximately 70 percent of UK adults said they had debt problems, many finding themselves in this situation for at least five years. Even more alarming is the fact that a lot of them do not recognize the issue until it has ...
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