News

Wednesday 24 September 2014

Money Advice Trust reports that 1 in 4 will struggle if interest rates rise

In a report published by the Money Advice Trust and the Building Societies Association,1 in 4 homeowners say they will be in financial trouble when interests rates increase. The report also found that 1 in 5 people feel that they will have to cut back on essentials such as food and clothing. Read more here

Posted by My Money Steps

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Tuesday 23 September 2014

Appetite for loans picks up again, say major banks

The British Bankers Association (BBA) has reported an increase in borrowing through personal loans. Dermand for personal loans is reported as being linked to public confidence in the economy. Read more here

Posted by My Money Steps

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Monday 15 September 2014

Parents demand a ban on pay day adverts on TV and radio before 9pm

A new study has shown that parents would like a ban on paydat loan adverts before the watershed. The Childrens Society has called for similar restrictions to those made on tobacco, alcohol and junk food adverts. Read more here

Posted by My Money Steps

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Friday 05 September 2014

Self-employed? Visit Business Debtline's all new website

BDL Logo

This week featured the launch of a brand spanking new website for our sister charity Business Debline. The new site includes a range of features for small businesses who may be in debt, from fact sheets to business and household budgets and sample letters – in short, everything you need to deal with your debts in one place.

Business Debtline gives free impartial and confidential debt advice to the self employed. Visit www.businessdebtline.org for more information.

Posted by My Money Steps

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