In a recent speech outlining the broad plan of action aimed at tackling the prevalence of debt management concerns nationwide, Mr Balls suggested ten per cent of families in Britain have their financial situations worsened due to a lack of…

The One Stop Money Shop was perceived to have fallen foul of Consumer Credit (Advertisements) Regulations (CCARs) and after meeting with OFT representatives has agreed to alter its advertising strategy in the interest of clarity. With debt management problems prevalent…

Edward Simpson, head of public affairs for the association, claims that it is only a minority of consumers who find debt management difficult and experience problems as a result. “The borrower’s got to make sure that they don’t overextend themselves…

Neil Munroe, external affairs director at Equifax, has urged the public to remain vigilant against ID theft, a problem which can make life more difficult for the thousands of people facing debt management problems and looking to avoid bankruptcy. Getting…

Faulty showers, taps and washing machines are causing a significant debt management headache and cost Brits a combined total of some £1.8 billion annually, according to a recent Halifax Home Insurance study. “Older properties are vulnerable [to costly water leaks]…

Waterfront Financial recovered money from members of the public, who could well have been facing debt management troubles, but failed to pass these on to its client companies, the OFT has revealed. On submission of several complaints regarding payments not…

Financial worries are a major point of concern for thousands of families around the country and the current government is not doing enough to arrest the rise in the unsecured personal debt mountain now at over £1.2 trillion, the Tories…

The number of British homeowners with debt management concerns is already noticeably on the increase, the CCCS told the BBC. And with many expert observers predicting a further rise in interest rates later this year, there are thousands of borrowers…