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Statistics Show Brits Resting On Unstable Savings

Saturday, 31 May 2008
By Abbi Rouse Many UK consumers would face considerable financial difficulty if they were forced to turn to their savings for economic sustenance, it has been suggested. UK credit report advisory service Callcredit has released statistics suggesting that more than 40 per cent of working Britons would not be able to meet living costs for more than a month if their main source of income was cut off. Furthermore, the number of UK workers who have been able to put money away into savings schemes has reduced significantly in the past six months, with the firm reporting 25 per cent of people have either reduced savings levels or stopped setting cash aside altogether. A further ten per cent of people were found to have been so constricted by inflated living costs that they had stopped saving and had been forced to dip into their savings to cover the costs of basic household expenditure. Young consumers were said to be particularly vulnerable to a loss of earnings, with 53 per cent of people within this age group estimated to have savings equalling less than an average monthly expenditure. The firm also reported that as many as five Tag it:
Last Updated ( Saturday, 31 May 2008 )
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Eliminate Paperwork Delays And Get That Payday Loan Today

Friday, 30 May 2008
By Rachel Yoshida What are some of the reasons that people find themselves in need of a check advance? Emergencies situations! Most people are wise enough to know that you should really only apply for a check advance when a serious circumstance has come up and they are not financially prepared for it. Here are just several of those kinds of emergencies: car repairs, sudden doctor or dentist visits, an overdue bill or checking account, unexpected trip out of town, veterinary visit for your pet, not enough money to make it until payday, school expenses for a child, an unexpected home repair, missed days from work, need more groceries, unexpected visitors, losing or theft of your wallet Life can hand us some bad situations at any time day or night and when you are not prepared for them it can awful to have no where to turn to get the cash that you need. Situations like those listed happen to people everyday and if you have no savings and no credit, there are only a limited number of ways to come up with quick money. Millions of people are finding that one of the easiest ways Tag it:
Last Updated ( Friday, 30 May 2008 )
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