It has been revealed that there is an average of 6 million people that do not have savings in the UK. This means that there is a potential 6 million people who if they lose their job or become sick could possibly face financial adversity. For those who are saving are only saving around 8 [...]

Two senior MPs have cast their support for the campaign of the newly-formed All Party Parliamentary Group on Financial Education for Young People.

A reform group has proposed that all repayment situations should be dealt with outside the courts.

A loan can be a far cheaper alternative to credit card spending at this time of year.

The international body said that levels had been reduced but were still “worrisome”.

With benefit caps on the way, families with large debts might wish to consider consolidation to reduce household outgoings.

More people than ever before are taking advantage of these short-term personal loans.

The debt advisory service said that putting it all on the card is often not the best way to manage personal finance.

When identified early, problems repaying credit cards or personal loans are far easier to resolve.

People who have lost a partner or their parents are coming under pressure from creditors, a charity has reported.