Borrowing
- BusinessAOL
How much student debt will ever be repaid?
Students in England are set to graduate with average debts of £50,800 each - after interest rates on student loans were raised to 6.1%, and maximum student fees were raised from £9,000 to £9,250. Things are even bleaker for those from less
5-min read - LifestyleAOL
What to do if friends or family don't pay you back
We lose out on a jaw-dropping £1.37 billon each year because we loan money to friends and family, and they never repay it - that's an astonishing 57% of everything we lend to them that is lost forever. Bad debts between friends and family can
4-min read - BusinessAOL
One in eight of us hit by unfair overdraft fees
Customers have been hit with over £300 million in unarranged overdraft fees. Given the opportunity, over half of us would like to remove the option to dip into an unarranged overdraft, but the banks won't let us opt out of the system. See
3-min read - BusinessAOL
Remortgaging makes debt problems even worse
Properties have become piggy banks, as we increasingly dip into the equity in our homes. A new study has revealed that a third of homeowners who have remortgaged in the past five years have done so to free up cash - borrowing an average of
3-min read - BusinessAOL
UK credit card hotspots revealed: should we be worried?
Credit card debt is soaring: in 2016, 4.5 million people in the UK took out a new credit card, gaining access to billions of pounds of borrowing. Unsurprisingly, the growth of debt is raising concerns over how people will ever pay this money
6-min read - HealthAOL
Punters take payday loans to bet on the Grand National
It's the Grand National this weekend, and it's a British institution. Even those who would never normally go near a bookmaker consider placing a bet or joining the office sweepstake for one day only. However, while for most people
3-min read - NewsAOL
The UK cities where we face the biggest battle to make ends meet
When the government created the patronising term 'JAMs' - to describe people who are just-about-managing, they may have infuriated millions with their condescending attitude, but they also identified a terrifying trend. At the moment,
4-min read
