In the past four months fewer people have entered into IVA agreements with creditors as a result of an overall stabilisation in personal debt levels, according to PricewaterhouseCoopers (PwC). The accountancy firm, which considers about 50 per cent of IVA…
Over a third of respondents to a survey of people seeking debt advice revealed that they blamed money problems for ruining a relationship with a former partner, while ten per cent said they divorced or separated for similar reasons. And…
Continue reading the "Personal debts ‘affecting home and working lives’" »
Mrs Robinson was responding to uSwitches’ own research which reveals that there are over 750,000 female Brits who spend half of their borrowed cash on fashion purchases in search of a retail thrill. And with their levels of credit card…
Continue reading the "Shopoholic Brits getting deeper in debt" »
This figure equates to around one in seven of the adult population of the UK and the Money Expert research also demonstrates that unsecured borrowing is the most popular kind of loan taken out under these circumstances. Describing its own…
Continue reading the "Six million Brits opt for debt consolidation loans" »
Each year, women in Birmingham who spend more than half of their borrowed income on shopping for fashionable items will splash out over £1,813 on average, which is almost £773 greater than the typical British spendaholic, uSwitch has revealed. And…
Continue reading the "Birmingham tops fashion shopping league" »
Sandra Quinn told Channel 4’s News at Noon programme that the proposals are not designed to increase the amount of credit card debt individual consumers amass, but rather to encourage them to use one card instead of another from another…
Continue reading the "Charges indicate ‘changing credit card market’" »
Bosses at what is one of the largest banking organisations in Britain suggested that the profit success builds on Lloyds TSB’s “improved earnings momentum that has been achieved over the last few years”. And as Britain’s debt management troubles and…
Continue reading the "Pre-tax profits hit £4.25bn at Lloyds TSB" »
The IPA, which is now responsible for regulating the Debt Resolution Forum, suggests a “lite” qualification would not undermine fully licensed insolvency practitioners and would benefit those working in the UK’s debt management industry. In the interests of both practitioners…
Continue reading the "New qualification aims to improve IVA process" »
By continuing to use the site, you agree to the use of cookies. more information
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.
