Debt

10 years on from the credit crunch, Lloyds is again forcing customers into deeper debt

8 November 2017 16:13

I’ve been a customer of Lloyds Bank for over 30 years, and as in any long-term relationship there have been…

If it takes a credit card to live like Kim Kardashian, then so be it

24 August 2017 14:47

Recent figures around the UK’s credit and debit card debt are startling indeed, with the number of transactions rising to…

Best Buys: 0% Introductory Balance Transfer Rate

22 August 2017 11:50

If you have credit card balance on an existing account, you could save vast amounts of money by transferring that…

There could be a downside to the surprisingly steady inflation rate

21 August 2017 12:06

The core consumer price index of inflation held unexpectedly steady at 2.6 per cent in July, further removing any possibility…

Using fear to sell financial products is simply desperation. Selling hope is the future

9 August 2017 11:12

Using fear to sell products is a powerful strategy. Unsurprisingly, many financial firms have come to rely on fear to…

The debt elephant in the middle class sitting room

30 June 2017 10:00

At some point in the last ten years, since the financial crisis (for that life-changing decade is an anniversary we…

Corbyn supporters are peddling ‘fake economics’

3 June 2017 16:47

Labour have been up-in-arms this weekend about a viral Conservative campaign video, which used some dubious editing to suggest that Corbyn…

How to check, amend and repair your credit record

4 May 2017 10:58

When was the last time you checked your credit history? This vitally important information can seriously affect many aspects of…

We should teach infants about the value of money

2 May 2017 11:45

On the one hand, perhaps he should only be thinking about football, Minecraft, his Lego Millennium Falcon and whether he…

New rules aim to help people with persistent debt

3 April 2017 12:32

There’s no panacea for the nation’s credit card debt – but the Financial Conduct Authority is having a go at…

Are we heading for another credit-fuelled debt crisis? New figures show household debt at record high

30 March 2017 12:09

The Bank of England is concerned that banks and building societies may have made it too easy to borrow money…

Short-term lending isn’t black and white: make sure you read the small-print

8 February 2017 13:25

As a Newcastle United fan, it was a bleak day when the Magpies announced a sponsorship deal with payday lender,…

Overdone it on the overdraft? Help is at hand

23 January 2017 12:28

After being been paid a week or two early due to Christmas, and then shelling out on festive gifts and…

We must improve financial education in schools

14 November 2016 12:36

When I was at school in the, er, 1980s, there was no such thing as financial education. Yes, we had…

Borrowing from friends and family can have serious consequences

1 September 2016 11:27

If a pal turned to you for financial help, would you lend a hand? If you have the cash it’s…

When it comes to debt, Charles Dickens offers good financial advice

27 July 2016 13:26

I always feel sorry for Marley’s ghost in Charles Dickens’s ‘A Christmas Carol.’ He wore a heavy chain he had…

The pre-payday pinch: how to manage your finances

19 July 2016 10:42

Are you skint? Is payday merely a blip in the month, a day where you make your minimum credit card repayment,…

Drowning in debt? You’re not the only one

1 July 2016 11:29

Take a look in you wallet. As well as your debit card, receipts and photos of loved ones, what else…

Lenders are forcing people into a vicious cycle of deepening debt

10 June 2016 11:05

When you drift into debt, it’s not easy to get out of it. Many end up in financial trouble for…

Is the cashless society a good thing? Definitely not

24 May 2016 10:23

On a quiet news day, not much happens if you’re a reporter. It’s tempting to sit back, surf the internet,…

Debt-free in retirement? Dream on

12 April 2016 10:44

My parents are lucky. They’re in their 60s, mortgage-free and not bogged down by any personal loans. But if new…

Osborne looks set to miss his deficit target – again

21 October 2015 10:22

After disappointing figures last month, public borrowing in September came in lower than forecast, at £9.4bn, figures published by ONS…

Osborne’s welcome conversion to the advantages of a budget surplus

10 June 2015 15:01

There should always be celebration when a sinner repents, and so it’s great to see George Osborne’s belated conversion to…

Deficit? What deficit? Labour candidates ignore key issue

10 April 2015 16:06

Ed Miliband famously forgot to mention the deficit in his 2014 conference speech, but you would have thought that at…

Why both the Tories and Labour now want a fight on the economy

14 December 2014 10:01

Tomorrow, in a sign of how keen the Tories are to keep the political debate focused on it, both David…