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Debt News Stories

Credit card debt among over-55s hits 6yr high

Updated: 11th October 2017 - First Published: 11th October 2017 Credit card debt can impact all ages, but it’s perhaps when approaching retirement that it becomes particularly worrying, which is why it’s so concerning that the amount of credit card debt held by over-55s has hit a post crisis high of £1,052. Read More...

Daily debt anguish impacts a third of Brits

Updated: 06th September 2017 - First Published: 06th September 2017 If you’re in debt, you’ve probably found that it’s never far from your thoughts. Indeed, new research has found that 33% of UK consumers worry about their finances at least once a day, with women, single parents and carers among the worst affected. Read More...

Credit card companies adding to problem debt

Updated: 30th August 2017 - First Published: 30th August 2017 There’s nothing worse than being stuck in a spiral of debt, yet with nearly one in five of those struggling with debt having had their credit limit raised without requesting it, it could be even harder to get out of the cycle. Read More...

“Generation debt” vulnerable to financial shocks

Updated: 02nd August 2017 - First Published: 02nd August 2017 It can be difficult to save at the best of times, but there are some generations that find it even tougher – so much so that concerns have been raised over the financial resilience of those aged 25-34. Read More...

11% of credit card holders maxed out

Updated: 29th June 2017 - First Published: 29th June 2017 A new study shows that a worrying number of Brits are becoming increasingly dependent on credit, and as a result, 11% have maxed out one of their credit cards. Read More...

Credit card interest cut for those in problem debt

Updated: 12th April 2017 - First Published: 03rd April 2017 Credit card debt can be tough to deal with, and companies haven’t been required to do that much to help. Happily, that could change: new rules could help those in persistent debt, which could even include interest and charges being waived. Read More...

Record numbers seek debt help

Updated: 28th March 2017 - First Published: 28th March 2017 There’s nothing worse than being in debt and not sure which way to turn, yet it seems to be a growing problem, with figures from a debt charity revealing that record numbers of people sought debt help last year. Read More...

Got credit card debt? Don’t pay more than you need

Updated: 01st March 2017 - First Published: 01st March 2017 If you’ve got a credit card, the last thing you want to be doing is pay more interest than you need. Yet that’s exactly what thousands of people are doing across the UK, and they’re missing out on some great deals in the process. Read More...

Brits owe more but pay less in interest

Updated: 19th January 2017 - First Published: 19th January 2017 New figures have revealed that, while Brits tend to have a high level of debt, they’re paying less in interest than at any time since 2003. The question is, will it last, and if not, can Brits’ credit commitments be comfortably maintained? Read More...

Millions are borrowing to buy essentials

Updated: 15th December 2016 - First Published: 15th December 2016 Many of us use credit from time to time, and when used wisely, it can be a valuable way to help make the most of your money. However, over-reliance on credit can be dangerous, particularly when people are forced to borrow to buy essentials. Read More...


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