Archive for the ‘Debt Management’ Category

Citizens Advice: End intimidation of those in debt

by on March 22nd, 2007

TweetShareThe organisation is concerned that new proposals, which are designed to protect people suffering debt management problems from having their home entered by bailiffs, will not be effectively enforced. A number of Citizens Advice bureaux in England and Wales have been encouraging the thousands of people struggling to find a debt solution to provide evidence [...]

Interest rate rise remains “likely

by on March 22nd, 2007

TweetShareThe minutes from the meeting of the rate-setting committee revealed that only one of nine members in attendance voted for a rise this month, but Global Insight’s Howard Archer maintains that a quarter-point increase could be seen soon. Currently at 5.25 per cent, any increase in the cost of borrowing would put further pressure on [...]

Consumers want ‘more for their tax money’

by on March 22nd, 2007

TweetShareWith the country’s debt management concerns continuing to mount up, the finance website Fool.co.uk has claimed nine out of ten UK consumers would like the government do more with the money they recive form the taxpayer. And based on an online survey of close to 2,000 respondents, Fool.co.uk concludes that council tax, stamp duty and [...]

Council tax rises providing a ‘hot topic’

by on March 20th, 2007

TweetShareAnd with council taxes causing debt management troubles for many people across the country, a full 65 per cent of British adults discuss the issue with family and friends, suggests Unbiased.co.uk. David Elms, chief executive of unbiased.co.uk, said: “It’s no surprise that council tax is dominating discussion across the UK as people mentally prepare themselves [...]

Calls for chancellor to help the poor

by on March 20th, 2007

TweetShareThe Institute for Public Policy Research (ippr) suggests that many of the ocuntry’s poorest people would benefit significantly if the government were to offer 50p in every pound saved by those on benefits. A pilot scheme has been so successful that the so-called Saving Gateway initiative should be introduced nationally as a way to help [...]

Credit card holders charged ‘extra £41m a year’

by on March 20th, 2007

TweetShareRecent uSwitch research suggests many Brits facing debt management trouble are suffering further financial woes due to these “exorbitant rates of interest” being charged on credit card cash withdrawals. Often consumers deicide to take out cash on their credit card as a last resort during financial difficulties and the added charges on these services is [...]