The majority of people would make use of a
national information service for matters relating to
personal loans,
credit cards and
mortgages, it has been claimed.
According to the results of the Thoresen Review 75 per cent of
people survey said they would use a national information and
guidance service for personal
finance issues if one was available.
Commenting on the findings and his report in general Mr Thorensen
said: My report sets out how a national
money guidance service could transform people's lives as
well as bringing substantial benefits to the industry and
government.
He added that his report set out how the government could implement
a scheme that offered guidance on
credit cards, mortgages, personal
loans and other financial products.
Speaking about Mr Thorensen's report a spokesperson for
insurance firm
Axa said that it is an important first step in helping people
in the UK to get their
finances in order.
