Debt problems in women – Liz Jones tells the world about her debts

Daily Mail columnist Liz Jones as talking about her debts again, but this time she’s also talking about women in general and why she thinks so many women can’t manage their finances. Her columns are always controversial and usually receive a lot of strong comments! We dissect her article and find that amongst her sob story, she makes some very valid points about personal debt problems in women.

Creditors’ representative TIX making life more difficult for disabled debtors.

We are appalled at the behaviour of the biggest organisation representing creditors in IVAs – TIX. Individual Voluntary Arrangements (IVAs) are supposed to be accepted by creditors when they are affordable, achievable and represents the debtors’ best efforts. They are supposed to be the best a person can do to repay as much as possible of the debts. It’s a five year commitment (usually) and its pretty fair for both sides – but it isn’t supposed to be set at a level that makes life horribly hard.

The big debate: Do women really earn less than men, and if so, why?

Recently figures showed it will take 57 years for the gender pay gap to close and for women in the workplace to be earning the same amount as men. ClearDebt’s Jacqueline Cohen decided to take a closer look specifically at the statistics for women in debt and came up with the following conclusions.

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