Following a “significant” rise in the number of local residents in North Tyneside contacting Citizens Advice about debt problems in recent months, the local bureaux is keen to stress the importance of early action to help avoid bankruptcy. “If people…
The ten million or more people who have not altered their gas or electricity provider in the past face a collective bill some £2.18 billion higher than it could be, according to the latest uSwitch figures. In addition, further savings,…
Continue reading the "Research highlights household savings" »
Michelle Slade, personal finance analyst at Moneyfacts.co.ouk, maintains that in the wake of Office of Fair Trading regulation to curb the rise in ‘unfair’ default fees, a number of credit card providers are changing conditions attached to their products. And…
Continue reading the "Credit card providers ‘looking to regain lost incomes’" »
Faulty showers, taps and washing machines are causing a significant debt management headache and cost Brits a combined total of some £1.8 billion annually, according to a recent Halifax Home Insurance study. “Older properties are vulnerable [to costly water leaks]…
Continue reading the "Domestic leaks ‘costing Brits billions’" »
The organisation was established in 1991 with the aim of improving debt advice services nationwide and to that end its latest study assessed the standards of support for those most at risk of serious debt management issues. Government officials and…
Continue reading the "Charity launches research into UK’s ‘over-indebted’" »
According to a Money Supermarket study, close to three-quarters (73 per cent) of those polled would move to scupper plans among credit card providers to bring in further charges by closing down a previously dormant account. Only one per of…
Continue reading the "Consumers ‘will revolt’ against new credit card charge" »
Financial worries are a major point of concern for thousands of families around the country and the current government is not doing enough to arrest the rise in the unsecured personal debt mountain now at over £1.2 trillion, the Tories…
Continue reading the "Tories raise cost of living concerns" »
Waterfront Financial recovered money from members of the public, who could well have been facing debt management troubles, but failed to pass these on to its client companies, the OFT has revealed. On submission of several complaints regarding payments not…
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