The latest Insolvency Statistics – July to September 2016 (Q3 2016) published by the Insolvency Service today show Individual Voluntary Arrangements (IVAs) increased for the fifth consecutive quarter. If growth continues at the same pace 2016 could see the highest…
When money is tight, what do you cut back on? Luxuries? Going out? The basics? Everyone reacts differently but new research has revealed what UK households are more likely to ditch more than anything else. Brits would rather reduce how…
Continue reading the "Brits prefer to cut weekly grocery spend rather than eat fewer takeaways" »
One in ten of us have been hit by credit or debit card fraud in the past year at a total cost of more than £2 billion, recent research suggests. With everything from banking to bus timetables moving online, the…
Continue reading the "Credit card fraud: How to avoid falling victim" »
Those who are struggling with debts may be all too aware of the stresses it imposes on them and the potential damage it can do to relationships. However, new research has also highlighted the impact it can have on the…
Continue reading the "Family debts ’cause mental health problems for children’" »
Council Tax arrears is the most common debt problem in Wales, according to a report by Citizens Advice. Its Fairness for All document identified a number of causes leading to a significant rise in the number of people who have…
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Household energy prices might be about to surge for large numbers of consumers, with the rises hitting hard at those in debt or otherwise struggling to make ends meet. Price comparison site GoCompare.com has noted that no less than 15…
Continue reading the "Fuel debts may get worse as several tariffs set to expire" »
Young people are using digital banking to help them to save, according to recent research conducted by Halifax. Of the young people (18 to 24-year-olds) with savings accounts, 81 per cent using online baking and 82 per cent using mobile…
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The average person may never see the kind of fortunes that footballers take home, but there have been many cases where even these highly paid sportsmen have ended up in serious financial strife. A case in point is former Arsenal…
Continue reading the "Former footballer reveals bankruptcy advice after financial woes" »
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