Leading high street banks and lenders caught up in the payment protection insurance (PPI) scandal have paid out an incredible £557 million in compensation as a result of mis-selling the product.
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09/12/2011
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New research suggests that nearly half of the population regularly struggle to make it to payday as payday loans become a reality for many in the UK.
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07/12/2011
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The economic downturn is taking its toll on everyone as the number of Brits cashing in their valuable items and personal treasures to secure a loan has increased.
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14/11/2011
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In a bid to win consumers, lenders have been battling it out by slashing personal loan rates over the last few months.
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11/11/2011
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Four in ten UK parents feel pressured to pay for their children’s university fees, according to new research. The issue is expected to have a significant financial impact on households throughout Britain.
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28/10/2011
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Personal finances are being stretched to the limit as families and individuals struggle to cope with the rising cost of living.
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19/10/2011
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September marks the ‘back to school’ season with parents feeling the pressure to spend more on school basics. Those looking to start university this month also face financial hardship as parents struggle to save.
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21/09/2011
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As the cost of living continues to soar, more and more Brits are heading into debt. Many are turning to loans in order to cover the cost of daily expenses. Over a third (33%) of high income families are now reliant on overdrafts of over £1,000 – compared to 15% in 2008.
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24/08/2011
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There’s not much call for a credit card when you’re soldiering in Afghanistan and a car loan is low on the list of priorities if you’re peacekeeping in Iraq or Sudan.
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23/08/2011
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100% increase in borrowing among high-income families - many rely on overdrafts to get by.
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17/08/2011
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