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RBS And Standard Chartered Weakest UK Lenders

The Royal Bank of Scotland (RBS) and Standard Chartered have been shown as the weakest out of the UK’s seven largest lenders in a Bank of England (BoE) stress test.

Young People Face €stifling” Levels Of Debt

Young people are facing “stifling” amounts of debt as they borrow from banks, payday lenders and family members, according to debt charity Citizens Advice.

Local Authorities Send Out 2 Million Bailiffs

Local authorities used bailiffs more than 2 million times last year, according to research from the Money Advice Trust (MAT).

20% Of Couples Marry With Hidden Debt

A recent study from Debt Advisory Centre has found that one in five people planning to marry soon are hiding some form of debt from their partner.

20% Of Brits Take Out Debt To Pay For Dates

New research from Debt Advisory Centre has found that Brits are spending thousands on the search for love, with 20% of people in the UK using credit to pay for a date.

Sheffield Council Launch New Loan Service

In a bid to combat the payday loan industry, the city of Sheffield will be offering a range of loans for poor residents.

Citizens Advice Sees Payday Loan Queries Half

Citizens Advice has reported a steady decline in the number of people seeking help due to debt from payday loan companies.

Under 25s Rely On Credit For Living Costs

People under the age of 25 in the UK are turning to credit cards and loans to help them pay housing costs and utility bills, according to a report from the Debt Advisory Centre.

IMF Likely To Delay Contributions To Greek Bailout

The International Monetary Fund (IMF) has indicated that they will delay any contributions to a Greek bailout. The IMF will likely provide funds at a later date, but could hold off at the initial stages.

Personal Insolvency Falls To 10 Year Low

Personal insolvency has fallen to a 10 year low in England and Wales, according to figures from the insolvency service.

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