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Unsecured consumer credit tops £200bn for first time since 2008

The Guardian reports that the FCA is targeting unauthorised overdrafts and high-cost lending to people less likely to be able to pay off debt. The financial watchdog has announced fresh measures to protect consumers from spiralling debt as official data showed that borrowing through credit cards, overdrafts and car loans has […]

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Personal insolvency rates highest in the North East and amongst women

The Insolvency Service have released a report on 2016 statistics.  It states: The total insolvency rate increased for the first time since 2009, and increased in all regions of England and Wales between 2015 and 2016. The North East continued to have the highest insolvency rates, while London had the […]

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