Do you cringe when you see your phone bill after returning from a holiday abroad? You’re not alone! According to a recent study 22 million British holidaymakers use their mobile phones whilst abroad and many are left with huge bills, which could ultimately turn into huge debts.
OK – I’m being cynical. And, I actually think that yesterday’s budget was pretty firm-but-fair: But, we are all familiar with the law of unintended consequences – and I think there may be one here. I believe that the VAT rise has a very good chance of creating, in 18 to 24 months time, a big increase in the number of people who can’t pay their debts.
Continue reading the "Whoopee! What a great budget for the debt management industry" »
A survey claims the average woman spends £1000 on her daily wardrobe. ClearDebt’s Jacqueline Cohen and 3 other women took part in a story run by the Daily Mirror to test if this was actually true and to show a comparison between a £79 wardrobe budget and an £1000+ wardrobe budget.
Continue reading the "How much is too much to spend when shopping?" »
The Financial Education Petition is a petition which has been set up by consumer focused websites MoneySavingExpert and Mumsnet. The aim of the petition is to restore legislation to make personal finance education a compulsory part of the curriculum in…
Continue reading the "ClearDebt Supports the Financial Education Petition" »
I think I’ve found something else to be proud of in our industry (debt resolution).
Continue reading the "Ombudsman: Reported debt complaints are less than 0.1%" »
ClearDebt interviewed on BBC Radio 4 – and here are all the things about debt management plans we wish they’d given us the time to say.
Continue reading the "Debt Management Companies: You get what you pay for…" »
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