The placing of new limits on the amount of credit card debt its customers can access was handled badly by Egg and its parent company Citigroup, it has been claimed. According to Moneysupermarket.com, some of Egg’s customers have suggested that…
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Honesty is the best policy when it comes to dealing with a debt management problem, according to the Consumer Credit Counselling Service (CCCS). The organisation is convinced that indebted Britons will only add to the stress of their financial circumstances…
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Consumers of all ages are seeking debt advice as personal finance problems worsen for families around the country, it has been suggested. Richard Bristow, manager of a Citizens Advice branch in Dorset, has claimed that many people have been unable…
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Credit card users have been urged to pay close attention to their spending after one financial services firm decided to stop allowing its customers to spend via plastic. Fool.co.uk has warned that borrowers between the ages of 34 and 49…
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The number of people in the UK who opt to enter Individual Voluntary Arrangement (IVA) will increase over the course of 2008, it has been claimed. According to debt solution provider ClearDebt, an agreement on relevant protocols between the Insolvency…
Creditors were to blame for the fall in the number of people entering an Individual Voluntary Arrangement (IVA) last year, according to David Mond, chief executive of ClearDebt. Mr Mond is convinced that thousands of consumers have been denied access…
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The latest figures showing insolvency rates in the UK only demonstrate the tip of the iceberg that is the country’s debt management issues, it has been claimed. During the fourth quarter of last year, close to 25,000 people entered an…
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An increasing number of people are choosing to rent their properties due to high costs, according to the UK Housing Review. Results of the study suggest that average costs to income for first-time buyers are now higher than they were…
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