According to Life Insurance Online, the number of people entering into Individual Voluntary Arrangements (IVAs) and declaring bankruptcy could leave many of the country’s children with a “grim” financial future. While many UK consumers consider credit card debt and personal…
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As the number of Individual Voluntary Arrangements (IVAs) and debt management levels continued to rise, Brits spent around £1.09 trillion in an effort to attain a “luxury lifestyle”, the latest report suggests. Furthermore, the British Lifestyle study from Mintel reflects…
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The financial service firm has revealed that the average cost associated with moving home now amounts to £16,000 exclusive of the price of the property involved and that the typical Brit relocates between three and four times during their lifetime.…
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The 12-week consultation will aim to canvass opinion on how to make IVAs simpler for all those involved, it has been revealed. A statement from the service read: “There are proposals to reduce the administrative burden and on insolvency practitioners…
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“We are really financially illiterate today”, Glen Bullivant, vice president of the Institute of Credit Management, claimed at a recent event hosted by IVA.co.uk to address some of the issues surrounding Individual Voluntary Arrangements (IVAs) and spiraling debt management difficulties…
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over the course of the last three months will set a new record. The official figures, which are due for release this week, could show that more than 30,000 people have opted for this kind of debt solution during a…
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W3 Debt Solutions recorded an increase of 183 per cent in the number of people in this particular age bracket opting for IVAs during the half-year until the end of February 2007, reports Lancashire Evening Post. Debts totaling thousands of…
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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…
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