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With the average household debt in the UK being £13,520 and growing, and with 100,000 people each year declaring bankruptcy, an open dialogue about debt and debt management solutions is increasingly important.
It’s amazing how far-reaching the impact sky-high costs of housing has had on Generation Y.
Maintaining healthy credit relies on responsible spending and timely repayment. While each person’s finances are unique, several universal strategies apply.
Following last month’s Brexit vote, the markets have been hugely volatile. This clearly has a huge impact on the pensions of millions of Britons.
If you are struggling with debt of more than £7,000, then an Individual Voluntary Arrangement (IVA) might be the best solution.
As the EU referendum debate draws to a close, it seems that the nation is still generally undecided on whether the UK would be better in or out of the EU.
Having children means more than adjusting what you spend your money on each day. While a new parent may need to buy extra groceries and clothing, the real change should be in how you save.
For one reason or another, you may have found yourself in dire financial straits. You’ve woken up and smelt the coffee and are now aiming to get your debt repaid and back onto the straight and narrow.
Whilst critics would argue that not enough changes have been made since the 2008 global economic crisis, one big change was the increase in popularity of Guarantor Loans.