The initiatives planned to be taken on by IVA providers in England and Wales will aim to see a reduction in what have been viewed as misleading advertisements. And the proposals have been welcomed as good news by the British…
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A full 150,000 people in England and Wales approached Citizens Advice about debt problems relating to the government’s methods of allocating tax credits, the organisation has claimed. Part of the problem for many people has been what Citizens Advice terms…
Many of those who approach Citizens Advice about debt explain that tax credit overpayments being demand back by the government has left them in need of a debt management plan. And with these kinds of problems in mind, Citizens Advice…
Continue reading the "Citizens Advice aims to give indebted their say" »
Independent analyst firm Datamonitor suggests that a range of factors, including rapid growth in house prices nationwide and the rising levels of personal debt management problems, could cause problems for Britain’s housing market. However, while noting the potentially for serious…
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The recently introduced 2006 Consumer Credit Act hopes to prevent lenders from leaving credit consumers out of pocket and unfairly facing serious debt management or debt management concerns. And the new law has been hailed by the government as one…
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Millions of consumers looking to find a debt solution find household bills difficult to pay of and many people are unwittingly switching to more expensive deals, researchers from Oxford and East Anglia universities have concluded. In response to the findings…
Continue reading the "Switching suppliers ‘often increases energy bill’" »
Nicholas Leeming, director of property website propertyfinder.com, claims the average mortgage repayment for the British homeowner has increased by £120 per month compared with the same month in 2006. “On top of that, the typical first time buyer has now…
Continue reading the "Expert highlights housing repayment hikes" »
Much of the rise in the number of loan rejections, which can potentially have a negative impact on an individual’s credit rating, is being put down to the number of applications being made without appropriate advice via the internet, MoneyExpert…
Continue reading the "Loan rejection rates ‘on the increase’" »
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