More people ‘set to become insolvent’
The number of people becoming insolvent via IVAs or bankruptcy could rise significantly, an expert on debt has said.
Discussing the issue of Britai…
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Benefits of an IVA explained
Individual voluntary arrangements (IVAs) have many advantages compared to other options for dealing with severe debt problems, an expert has said.
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IVA ‘can be the best option’
Taking out an individual voluntary arrangement (IVA) can be the best option for many consumers, a debt expert has said.
National PR offic…
OFT guidelines to ensure better debt management company deal
New guidelines have been drawn up by the Office…
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Debt problems may be worst for long-term jobless
Those who have been out of work the longest could be facing the biggest difficulties with debt, not least as they are the one group for whom the emplo…
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Repossession risk may rise as MPC hawk calls for rate rise
A member of the Bank of England's Monetary Policy Committee (MPC) has called for a hike in the base rate as the best means of tackling inflation.
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Debt problems more likely in former boom areas?
Regions and districts that saw an economic boom between 2004 and 2007 have been among the worst-hit by the recession, a new survey has indicated.
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Moves to clear debt ‘should not totally exclude savings’
It is a wise move for young people to prioritise debt management, but efforts to clear debt should not be done at the expense of having no savings at …
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