The topic of the moment is still reposession
The Council of Mortgage Lenders states 46,000 homes were repossessed in 2009 – a 15% increase on the year before.
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Category Archives: Debt and Young People (page 3)
Housing Minister, John Healey, has no idea about repossessions
Have you read the latest from our current Housing Minister? According to BBC’s Radio 5 Live, John Healey says, “for some people, having their home repossessed, can be the best option”. What poppycock! And I can assure you, that’s me doing my best to be polite!
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It’s all about “trust”
We’re more aware than ever of companies out there who seem to be praying on the good nature of people in need for their own gain. Through my work as Chairman of the DRF (Debt Resolution Forum), as well as through my own company, ClearDebt, we’re doing our best to protect people in debt from situations where they may find it difficult to see the wood from the trees – and to do this, we’re keeping you as well informed as possible about any companies you might need to be weary of.
A lesson learnt – but whether it’s learnt well is another thing!
69% of parents questioned are concerned about their children’s ability to understand their finances – a 7% rise in the number of parents concerned about this issue two years ago.
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Love is in the air, Valentine
Credit Action have reported that although we may have done well to cut back on our spending during the credit crunch, now that we’re supposedly “out of the recession”, it seems many shoppers have unshackled their chains and re-acquainted themselves with their long lost lover, the credit card.
The cost of a weekly shop
We may be coming to terms with the need to cut back on new additions to our wardrobes, but it seems that it’s actually the weekly food shop which is hitting us where it hurts. The Daily Mail has confirmed…