The financial services provider has revealed that almost one quarter (24 per cent) of those polled as part of the latest Abbey Lifestyle Report cited money worries as the primary issue affecting their wellbeing. And as the UK’s debt management…
Continue reading the "Finances ‘Britain’s biggest concern’" »
Tracey Mullins, a spokesperson for the Association of Independent Financial Advisers (AIFA), has suggested that while her organisation’s members are not primarily concerned with debt management issues, such concerns are now impacting upon everyone. And the spiralling credit card debts…
Continue reading the "Debt woes ‘fuelling’ demand for financial advice" »
This figure equates to around one in seven of the adult population of the UK and the Money Expert research also demonstrates that unsecured borrowing is the most popular kind of loan taken out under these circumstances. Describing its own…
Continue reading the "Six million Brits opt for debt consolidation loans" »
Bosses at what is one of the largest banking organisations in Britain suggested that the profit success builds on Lloyds TSB’s “improved earnings momentum that has been achieved over the last few years”. And as Britain’s debt management troubles and…
Continue reading the "Pre-tax profits hit £4.25bn at Lloyds TSB" »
The IPA, which is now responsible for regulating the Debt Resolution Forum, suggests a “lite” qualification would not undermine fully licensed insolvency practitioners and would benefit those working in the UK’s debt management industry. In the interests of both practitioners…
Continue reading the "New qualification aims to improve IVA process" »
Reflecting on the debt management problems affecting hundreds of people in the Oldham area where he is based, Robert Cooksey of IVA firm Bridgestones suggested credit is being handed out too readily by lenders. In addition, Mr Cooksey went on…
Continue reading the "Credit still ‘to easy to obtain’" »
In the wake of a series of interest rate rises, increasing numbers of management professionals are struggling with mortgage arrears due to higher levels of monthly charges, a survey from emedia has revealed. And this is seen to reflect on…
Continue reading the "Payment fears strike half a million households" »
Ms Melville’s suggestion comes in the wake of the revelation that banks in the UK have accumulated their highest ever profits, despite receiving more complaints about their services than ever before. The very idea of charging current account customers is…
Continue reading the "Charging on current accounts ‘would be crazy’" »