The Debt Advisors Direct company is convinced that consumers who overcome their fears about the stigma that can sometimes be associated with debt management problems will help themselves in the long run if they seek appropriate advice. And the firm…
Continue reading the "Timely debt advice “could make all the difference”" »
Mr Cable maintains that with mortgage approval rates falling for the past three months and debt management difficulties continuing to impact millions of Britons there could be serious economic problems ahead. Furthermore, the economic expert suggests that the apparent optimism…
Continue reading the "Interest rate rises ‘starting to bite’" »
Frances Walker maintains that while the majority of borrowers in Britain do not encounter any serious debt management problems, for those who do the issues extend beyond purely financial concerns. “Something like between four and eight per cent of people…
Continue reading the "CCCS: Debt can be emotional issue" »
Eric Leenders from the British Bankers’ Association (BBA) told the BBC that it is in the interests of consumers that reform proposals can be agreed upon and implemented to make the IVA application process a more straightforward one. In addition,…
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According to figures from Credit Expert, one in 20 Brits face further debt management difficulties every time they take a trip and 12 million people head into the red to pay for their holidays. In addition, close to one fifth…
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Figures from Money Expert show that there were more than 2.3 million consumers from around the country who took out a fixed-rate arrangement in 2004-05 and all these people are vulnerable to heightened repayment demands. Assessing the relevant mortgage deal…
Continue reading the "Mortgage deal debt warning issued" »
Moneynet.co.uk has warned that while it may be tempting to consolidate debts in this way, borrowers could ultimately find themselves obliged to pay back more money than they can afford. Furthermore, these problems are likely to be compounded in the…
Continue reading the "Warning issued over ‘adding debts to mortgage deals’" »
With the country’s debt management problems continuing to increase, the financial services firm has suggested that there are now around 8.5 million “secret spenders” across the UK. Consumers living in London are among the most likely to lie about the…
Continue reading the "Brits’ secret spending ‘worth £6.5bn a year’" »