Nearly one in every 10 households spend a quarter of their annual income on unsecured loan repayments. Debt charity the Consumer Credit Counselling Service (CCCS) has revealed a huge divide between the north and south of England when it comes to debt repayments. According to a recent report from the charity, the number of individuals read more »

2012 looks set to be the year of austerity, with 49% of Brits vowing to take control of their accounts this January. The figures were compiled by price comparison website Gocompare.com from a survey of 3,000 people across the UK. The traditional resolutions of getting fit and losing weight have been eclipsed by the wide-spread read more »

NUS warns that more and more students in England are turning to dangerous methods in order to afford the £9000 a year University fees. According to the English Collective of Prostitutes, which runs a helpline for people working in the sex industry, the number of calls it receives from students has at least doubled over read more »

According to a YouGov survey conducted on behalf of Macmillan Cancer, a large percentage of cancer patients are troubled by their current financial status, with some even sacrificing meals in a bid to save money. Cancer is a very expensive disease to treat, not only for the NHS but also for the patients themselves. As read more »

The Relationships Foundation has released details of a large study revealing that rising levels of debt, poverty and long unsocial working hours means Britain ranks among the worst countries in Europe for families. The Family Pressure Gauge report found that money worries, poor living conditions and a lack of support from parents all played a read more »

We already know there has been a huge increase in the number of individuals seeking debt advice during unsocial hours, but now even more recent research has revealed that financial insecurity could be fuelling a rise in depression among Brits. According to figures obtained by the BBC, the number of prescriptions for anti-depressant drugs such read more »

According to debt management charity the Consumer Credit Counselling Service, in 2010 almost 50,000 individuals logged onto their website to seek advice between midnight and 7am. The debt charity suspects that people are logging on in the middle of the night either because they have been lying awake thinking about their debts, or because they read more »

The Consumer Credit Counselling Service (CCCS) predicts that this year will see an increase in the number of households unable to repay their debts. The charity analysed the data they recorded from the 418,000 individuals they helped with debt problems in 2010, and found that over half of the people seeking help had cited either read more »

Martin Lewis of MoneySavingExpert.com has collaborated with various mental health and debt support organisations to release a free 40 page Mental Health & Debt Help Guide. The booklet addresses the affects mental health can have on debt, and vice versa, containing information, guidance and support for both individuals and carers. The guide also includes comments, read more »

According to the Banking Times there has been a large increase in the number of individuals receiving online debt counselling from the Consumer Credit Counselling Service (CCCS). In January 2011 the CCCS online Debt Remedy tool was used by 8,591 people, a 50 per cent rise on the number of people counselled online during December read more »