In 2010 only in Britain’s poorest households did the unsecured debt/take home pay ratio rise. Data from ClearDebt sample of more than 59,000 people with debt worries.
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Negative equity is a big problem for Britain’s highest earning debt worriers and fewer people can rely on adding to their mortgage to fund credit card debt.
Continue reading the "Home owners and personal debt." »
A recent report by the Insolvency Service showed that levels of personal insolvency are starting to decline. The Insolvency Service, the government agency responsible for administering the insolvency system in England and Wales, publishes data on the number of people…
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ClearDebt take another look into the their debtor database and show their findings on how long it takes people to pay their debts, including some extreme examples such as the person who would need 694 years to become debt free
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ClearDebt recently teamed up with The Crusader at the Daily Express to help a woman who had put her trust in another debt management company and wanted some advice on whether they’d given her the right debt solution.
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A review of the positive and negative aspects of entering into an IVA to help you make a decision about whether this debt solution is right for you.
Continue reading the "Is an IVA worth it? The IVA advantages and disadvantages" »