Research carried out by Stroud & Swindon claims that for millions of Brits, details of income tax and stamp duty, as well as mortgages and ISAs often prove confusing and unclear. Furthermore, the study by what is the UK’s 15th…
Continue reading the "Brits at debt risk due to ‘lack of understanding’" »
Official minutes from the most recent MPC meeting show that two of the nine committee members felt it was necessary to increase the cost of borrowing and put further pressure on the million facing debt management difficulties in April. Despite…
Continue reading the "MPC ‘divided over interest rate rise’" »
CCCSVA, as the new operation is to be known, is now able to offer its debt advice services to those people whose situation makes them most suitable for an IVA in light of their particular debt management concerns. A percentage…
Peter Spencer, chief economic adviser to the Ernst & Young Item, maintains that as the number of people facing debt management trouble increases, the potential impact of an interest rate rise is heightened also. And with such a rise looking…
Continue reading the "Expert issues long-term economic warning" »
While some people might find that a financial restructuring process can help them become debt free, there are a number of different options available and the best course of action is dependant on specific circumstances, suggets Stephen Rose, director of…
Continue reading the "Debt advice ‘should not be generic’" »
Figures from Scottish Widows Bank reveal that over the course of the last ten years, the number of people handing over cash to their children without wanting it returned has fallen six per cent. In addition, around 40 per cent…
Continue reading the "Parental creditors ‘want their money back’" »
Around a quarter of Brits have fallen victim to this kind of crime during the last half-decade and costly personal possessions are often never seen again, a Halifax Home Insurance study has demonstrated. Despite the billions of pounds worth of…
Figures from Alliance & Leicester reveal that what are termed the “Friends generation” account for the largest amounts of borrowing and spend the most on interest repayments as they aim to become debt free. In addition, this sector of British…
Continue reading the "Early 30s Brits are ‘most indebted’" »
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