Statistics released today (29 October 2014) by the Government’s Insolvency Service show that this year will almost certainly be a record year for Individual Voluntary Arrangements (IVAs) – Britain’s most popular method for people to deal with unaffordable debt. The IVA,…
Continue reading the "The Rise and Rise of the IVA – 50,000 case barrier set to be broken" »
We don’t think people will be getting free meerkats with payday loans anytime soon. On the face of it, a comparison site may be the last thing payday lenders need, after the recent criticism of such sites by the Financial…
Continue reading the "Payday lenders and fluffy toys: CMA proposals to increase price competition between payday lenders" »
Understanding whether taking out a payday loan makes sound financial sense can be a tricky issue for many people, but here we hope to educate you on the types of borrower that typically use these services. Drawing on data from…
Continue reading the "Payday Loans: Totally evil, right?" »
Another batch of debt management companies bite the dust as the FCA impose their authority and urge customers to stop making payments. Not 24 hours after reporting requirements imposed on Bournes Debt Solutions by the FCA, the regulator, today (18…
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The industry regulator for the debt management sector, the Financial Conduct Authority (FCA), has imposed a requirement on Bournes Debt Solutions. The regulator has put in force that the firm’s bank accounts cannot be dealt with in any way without…
Continue reading the "Manchester based debt management company Bournes Limited faces imposed requirements by the FCA" »
Leading women’s magazine Glamour features a ClearDebt client who shares her IVA story with the Glamour readers.
Continue reading the "IVA story shared in Glamour debt feature" »