Debt management plans ‘need focus’
Those who want to make a debt management plan work need to be focused on working out exactly what the nature of their financial situation is, an exper…
IVAs ‘can be best answer in difficult circumstances’
An individual voluntary arrangement (IVA) can be the best solution for people who have run out of other options for dealing with severe debt, an exper…
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Unemployment blow may leave more needing debt management plans
One way in which some consumers can find themselves needing a debt management plan is to spend some time out of work and that may now apply to some wo…
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Debt problems may worsen as economist issues lost decade warning
Britain is heading for a Japanese-style "lost decade" of very low economic growth, an economist has predicted.
Chief economist at Ignis A…
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Food price rise easing may not end debt problems
The debt problems faced by many consumers may not ease much despite a fall back in the extent to which food prices are rising.
In its latest survey…
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Debt and inflation ‘now a problem for children’
It is not just adults who are suffering from debt and inflation problems, according to a new survey, with children's pocket money now being affect…
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Debt consolidation ‘wiser than saving’ at present
It makes more sense to instigate a debt consolidation strategy than try to build up savings in the current economic climate, an expert has said.
Ju…
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IVA help may be contributing to July debt write-offs
New data has shown that millions of pounds have been written off every day in July as consumers seek solutions for their debts.
Credit Action's…
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