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.
Continue reading the "Creditors’ representative TIX making life more difficult for disabled debtors." »
ClearDebt’s Andrew Smith comments on credit card debt and how cards with attractive introductory offers can trap many people who already have debt problems.
Continue reading the "0% credit cards – It’s a trap. Really." »
Payday loans and the debt issues surrounding them have hit the headlines again recently, ClearDebt’s Andrew Smith talks through the issue in this audioblog.
Continue reading the "Debt Industry Opinion – Payday Loans and Debt" »
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…" »
It’s rare I’m ever lost for words but after watching the Dispatches programme on Marlin, I was both shocked and dismayed that companies like this are still getting away with harassing and bullying people with debt worries. http://tinyurl.com/kkbs28 In the…
Continue reading the "Marlin – caught in the act!" »
You can wait a lifetime to win the lottery, and still those winning numbers might never be called. But it seems the email conmen are still active and their way to winning your bank details, is by telling you, you’ve…
Continue reading the "£17 million better off – honest!" »
