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| Over the past year the level of UK savings has dropped and the amount of consumer borrowing has increased, spelling trouble for many of those struggling to afford their commitments; and also for those expecting to transfer credit card balances to new cards |
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| Britons are saving less and borrowing more, it has been revealed; a situation that financial advice website Unbiased - who conducted the poll - finds worrying. |
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| Everyone loves a pay rise, but not many people give proper consideration to how it can help them, either in the short or the long term. However, that extra amount of money could come in very useful. |
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| The meaning of Christmas is changing, with stress, overspending, debt and other worries including ethical concerns at the forefront of many people's minds. Being sensible with cash and considering what you really want can save money and woe |
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| Britons owe friends and family an estimated 26 billion, according to a new survey by online payment provider PayPal. The survey found that this figure has been lent out by UK consumers who have helped loved ones out of financial crises over the past 12 months. Family members are the hardest hit, with an estimated 14 billion having been borrowed from them in the past year. |
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| Leading charity Citizens Advice claims that many lenders have been irresponsible in the past, advancing funds to borrowers who ultimately could not afford it, and believes that financial industry regulators have done little to help the situation. |
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| For most people Christmas is an expensive time of year at the best of times, without the added burden of an existing debt thrown into the equation. So it’s imperative that a sensible attitude is taken towards spending to avoid compounding matters during the festive period. And there are numerous debt solutions available throughout the year to assist in reducing debt and help debtors get back on their feet again. |
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| Schoolchildren can now opt to study for personal finance qualifications, and since their introduction in 2005, over 10,000 pupils have signed up to sit the examinations. |
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| As you are probably aware, the New NHS Pension Scheme goes live from April 1st 2008. This scheme is automatic for new members from that date, and a major change here is that the normal retirement age is 65, not 60. However, the existing scheme also changes in some key areas for those of you who opt to stay as you are. |
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| Credit fraud has always existed to some degree, but with the advent of the internet, there has been an unprecedented level of awareness and consumer concern about falling victim to identity theft. Almost every day 'phishing' emails - which pretend to come from banks - try to extract passwords and personal details from consumers |
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Property Values in Central London Rising Faster Than the Rest of the UK
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