New figures from Mintel reveal that Britons are in twice as much debt as they think they are. When the subjects of the research were asked to estimate just how much money they thought they owed in unsecured debts such as credit cards, overdrafts and loans, the average UK adult replied that they thought they [...]
HSBC – the good deals and the not so good deals
Thursday, August 30th, 2007According to a new survey published by the Daily Mail, HSBC has some of the best offers on the market when it comes to certain financial products. However, when you look at some of the other products used in the comparison, they are the worst on the market. It is pretty much the same story [...]
Amount of Debt Carried Soars
Tuesday, June 5th, 2007The amount of money that people carry in debt has skyrocketed. In fact, recent reports by the UK financial website The Motley Fool states that most people do not worry about any debt under £15 000.
Mortgage debt soared in the last ten years. In May 1997, the total mortgage debt for personal homeowner loans was [...]