Halifax and Bank of Scotland (HBOS) have increased their arranged overdraft charges for some customers, which will come into effect on December 6th – a move that could prove disastrous for many debtors. Those struggling with debt management and holding…
The government and the energy sector, as well as other agencies involved in the industry, need to adopt “joined-up thinking” in the fight against fuel poverty, one industry figure has said. Will Marples, energy expert at uSwitch.com, responded to the…
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The Treasury Select Committee has launched an investigation to ascertain whether debtors are being disadvantaged by credit checks in terms of obtaining cards and loan deals. Experian, Equifax and Callcredit are to be questioned by MPs as to how credit…
The number of people in debt to fuel suppliers has risen in the first two quarters of 2009, compared to the same time last year, Citizens Advice has said. This, the organisation noted, is the continuation of a trend that…
Those experiencing debt management problems have been advised by an industry expert to rethink their spending in order to help prevent falling into uncontrolled debt. In an article for the Daily Telegraph, Martin Lewis of Moneysupermarket.com observed that the UK…
Consumer watchdog Which? has responded to the recently-announced decision by the Financial Services Authority (FSA) to more strongly regulate the mortgage market so as to improve services for debtors, saying that “tougher measures” would be welcomed. Peter Vicary-Smith, chief executive…
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Debt management problems are affecting people’s ability to work, the results of a new survey have revealed. Findings from talkaboutdebt.co.uk’s study indicated that 29 per cent of those in serious debt have taken a leave of absence of up to…
Students concerned about mounting debt levels can consult a money doctor, of which there are many in over 70 universities across the UK, in order to help them limit their spending and stick to a budget. The Financial Services Authority…
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