New data has shown that millions of pounds have been written off every day in July as consumers seek solutions for their debts.
Credit Action's…
Continue reading the "IVA help may be contributing to July debt write-offs" »
Some consumers may be avoiding buying homes because of the debt problems this may bring about.
House prices soared in the years before the recessio…
Continue reading the "Debt steering consumers away from house buying?" »
People who are deep in debt may find their hopes of being bailed out when a deceased relative's will is read out are dashed.
This is not just b…
Continue reading the "Relying on inheritance may not solve debt problem" »
An indication of the depth of the financial woes faced by many Britons has been emphasised by a new poll showing a quarter of adults will not be going…
Continue reading the "Debt consolidation need may be emphasised by lack of holidays" »
The greater proportion of payday loans with high rates being taken out by those on low incomes means this group is at much more risk of getting into s…
Continue reading the "Low income debt risk ‘higher’ because of payday loans" »
More people could find themsleves needing debt consolidation help in the near future as new figures have revealed the economy is continuing to struggl…
Continue reading the "Debt consolidation need may grow as economy stays in doldrums" »
A growing number of people are seeking to clear debt by using equity release, a financial charity has said.
The Consumer Credit Counselling Service…
Continue reading the "Debt consolidation ‘increasingly being used to clear debt’" »
The negative feelings people may derive from being in debt could contribute to their broadly pessimistic view of the state of the UK economy, which wa…
Continue reading the "Consumer debt may be driving pessimism over economy" »