This figure is based on the premise that around ten per cent of low earning Brits take action on the debt advice they receive at a national finance service as is planned by the government. In addition, the Resolution Foundation…
Continue reading the "National advice service ‘would slash debt figures’" »
The debt advice charity was granted access to £33 million from the fund to support its activities in England and Wales and the organisation suggests its extension demonstrates a commitment within the government to helping those with serious debts. And…
Continue reading the "Citizens Advice welcomes new funding plan" »
The money education charity suggests the problem of the UK’s rising debt mountain – now standing at in excess of £1.3 trillion – is behind the 300 or so insolvency declarations among the public each day. And with Britain becoming…
The One Stop Money Shop was perceived to have fallen foul of Consumer Credit (Advertisements) Regulations (CCARs) and after meeting with OFT representatives has agreed to alter its advertising strategy in the interest of clarity. With debt management problems prevalent…
Edward Simpson, head of public affairs for the association, claims that it is only a minority of consumers who find debt management difficult and experience problems as a result. “The borrower’s got to make sure that they don’t overextend themselves…
Continue reading the "Loans are a “great enabler”, claims lending association" »
Exeter’s Citizen’s Advice Bureaux (CAB) is finding it difficult to cope with the scale of demand for advice on becoming debt free, while bankruptcy declarations have become far more prevalent than last year, according to figures from the local Crown…
Neil Munroe, external affairs director at Equifax, has urged the public to remain vigilant against ID theft, a problem which can make life more difficult for the thousands of people facing debt management problems and looking to avoid bankruptcy. Getting…
Continue reading the "Consumers urged to be vigilant in fight against fraud" »
Financial services provider Co-operative Insurance (CIS) has released new figures on the subject this week, which demonstrate that those smokers looking to clear debt could be saving thousands of pounds. The latest figures, which have been released ahead of the…
Continue reading the "Stopping smoking ‘could save £1,800’" »
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