Credit, Collections & Insolvency News
Digital bank, Revolut is launching a new service called ‘Payday’ that will enable workers to draw out as much as half of their salary weeks before payday, with the bank to work with employers to grant customers access to their cash as they earn it. As part of the initial launch, Revolut is partnering with…
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Only one in four in the North East are confident they can afford to retire according to research by Opinium for Hargreave Lansdown. Further research showed that only a quarter (26%) of people from the North-East and the East Midlands said they felt confident about their retirement prospects, whilst only 18% of people in the…
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A quarter (25%) of young people in Scotland say a lack of knowledge is a key barrier to home ownership, with two fifths (39%) unable to confidently explain how a mortgage works, according to the latest research from Bank of Scotland. The survey of over 2,100 18 to 34-year-olds living in Scotland, found that the…
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Higher prices for food, petrol and other everyday goods are leaving households struggling to meet these rising costs according to the latest Household Financial Confidence Tracker from comparethemarket.com. The research says that as coronavirus restrictions lift, the vaccine roll-out continues and the economy recovers, resulting inflationary pressures are leaving many families with children worried about affording day…
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