Paying back any overpaid amounts can cause debt management difficulties and serious financial hardships for consumers across the country, the not-for-profit organisation has claimed. And the problem has been impacting households nationwide for many months, Citizens Advice suggests, citing statistics…
Continue reading the "Citizens Advice slams tax credit system" »
In the wake of the release of figures from the Office of National Statistics showing that Welsh unemployment is on the increase, Ms Willot has called for more action from the government to tackle personal debt problems nationwide. To make…
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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With debt management difficulties affecting millions nationwide, experts from the Alliance Trust Research Centre claim his reforms have failed to address the financial problems being faced by Britain’s elderly and poor populations. “Brown has failed to address the spiralling cost…
Continue reading the "Brown’s economics ‘have not helped everyone’" »
Figures from the House of Commons have demonstrated that the number of mortgage possession orders issued by courts in Suffolk had more than doubled over the course of the past ten years. And these statistics were described as presenting concerns…
Continue reading the "“Worrying” repossession figures highlighted" »
The claim from Helen Wanless from Age Concern comes after a public accounts committee revealed that around a third of elderly Britons are not taking up their credits and a report from the Consumer Credit Counselling Service which suggests the…
Continue reading the "British pensioners ‘not claiming their credits’" »
Bradford & Bingley’s head of mortgage products Andy Wiggins insists that money lenders are doing their part towards enhancing financial understanding and that their websites offering relevant information are “pretty well used”. And with debt management concerns being dealt with…
Continue reading the "Internet could ‘boost financial understanding’" »
Handbags owned by women around the country contain credit card details, National Insurance Numbers and receipts, which can give criminals an opportunity to access information they need to carry out fraudulent activities, according to the credit reference agency Equifax. And…
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