Debt

MBNA has shocked the credit card market by launching one of the cheapest debt-shifting deals seen in years.

Three hundred thousand university hopefuls getting their A-Level results today face the prospect of graduating with over £23,000 debt, a new report reveals. Yet this misses the real crux for students: the difference between good and bad debt.

Over 24,000 families had their homes repossessed during the first half of this year, it was announced today.

The number of people unemployed has rocketed to 2.44 million, the highest total for 14 years, official figures out today reveal.

Hard-up consumers have been warned against paying high up-front fees to firms that pledge to get your debt wiped-out.

Indebted consumers are being lured into agreeing loans with annual interest rates of well over 2,000%.

Abbey is hammering many of its current account holders with hundreds of pounds of backdated bank charges this month.

The number of people unemployed rocketed to 2.38 million in May, the Office for National Statistics (ONS) has revealed today.

Mortgage lenders are hitting struggling borrowers with thousands of pounds of additional fees. Many are thought to be disguised, excessive and can be reclaimed.

Thousands of struggling homeowners are failing to seek help when they get into difficulties paying their mortgage. Experts say getting assistance can prevent repossession.