There is a real lack of understanding of how to organise personal finances ifs has asserted, and as debt levels continue to rise in the UK the charity claims that qualifications would ensure that many more people would be able…
Continue reading the "Charity champions financial education courses" »
Official government figures demonstrate that a full 58 per cent more people declared themselves bankrupt in the area during 2006 than did in the previous year, reports the Manchester Evening News. The increase equates to a total of 163 additional…
Continue reading the "‘Bankruptcy booming’ in Greater Manchester" »
According to the Scotland on Sunday newspaper, one in 1,000 people in England or Wales will volunteer themselves for bankruptcy, while in Scotland the figures amounts to two in every 1,000. Experts from Scottish accountancy Johnston Carmichael suggested that institutionalised…
Continue reading the "Scots ‘feeling personal debt pressures’" »
The political organisation calls itself “the party of Wales” and has made the announcement in response to what it perceives to be the serious and growing problem of personal debt. According to recent figures released by the Council of Mortgage…
Continue reading the "Plaid Cymru aims to ease personal debt problems" »
Senior economist at the Centre for Economics and Business Research (Cebr) Jonathan Said expects to see price inflation and rising mortgage payments across the country put significant pressures on British incomes. As a result, debt levels look likely to rise,…
Continue reading the "“Upward trend” forecast for IVA applications" »
Training and regulation will be offered by the DRF to its members, which will promise to give suitable advice to their clients, make charges transparent and keep a watchful eye over the content of advertisements, reports Accountancy Age. Chris Holmes,…
According to a spokesman for the FOS, in cases where an account closure is in retaliation for a customer recovering their bank charges, then the FOS will rule in favour of the consumer, reports the Daily Mail. The comments came…
Continue reading the "Money watchdog declares support for ill-treated Brits" »
Stephen Gerlis echoed the much-held view that the rise in insolvencies and repossessions is due to the fact credit is too readily available and that the rising cost of living is not being reflected in real income growth. The result…
Continue reading the "Ignore mounting debt at your peril, warns judge" »
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