Archive for the ‘Debt Management’ Category

TweetShareThe financial services provider has revealed that almost one quarter (24 per cent) of those polled as part of the latest Abbey Lifestyle Report cited money worries as the primary issue affecting their wellbeing. And as the UK’s debt management troubles mount up, climate change and terrorism are not as prominent problems as organising financial [...]

TweetShareTracey Mullins, a spokesperson for the Association of Independent Financial Advisers (AIFA), has suggested that while her organisation’s members are not primarily concerned with debt management issues, such concerns are now impacting upon everyone. And the spiralling credit card debts problems, along with other forms of personal borrowing, has in part prompted a general understanding [...]

TweetShareThis 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 findings as further proof of the increasing debt management problems faced by the country at [...]

TweetShareBosses 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 Individual Voluntary Arrangement (IVA) applications mount up, the bank reflected on what it called “challenges” [...]

TweetShareThe 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 and consumers there ought to be a greater degree of specialism to reflect the continually [...]

TweetShareReflecting on the debt management problems affecting hundreds of people in the Oldham area where he is based, Robert Cooksey of IVA firm Bridgestones suggested credit is being handed out too readily by lenders. In addition, Mr Cooksey went on to assert that such money problems are not confined to those on lower incomes, increasingly [...]