Archive for June, 2005

London Bankruptcies Treble

by on June 24th, 2005

TweetShareYes, Londoners are easier to lend to – that’s because many of them earn more than the rest of us and also because the capital’s absurd property prices leave many with masses of equity. That’s the sting in the tail – all that notional money means that Londoners who get into trouble with debt often [...]

Debt ads should not be on kids’ TV

by on June 22nd, 2005

TweetShareMartin Lewis of moneysaving expert.com thinks it’s wrong that children’s TV channels are carrying advertisements for credit and debt products. We agree. We wouldn’t advertise our IVA product there. Martin says: “Children’s TV channels are advertising high-interest loans aimed at families that find it hard to get cheaper credit, and with the possibility of losing [...]

More interest in ClearDebt float

by on June 13th, 2005

TweetShareMonday, 13th June 2005 Debt crisis is a boost for advice companies Kevin Feddy A MANCHESTER-based firm is to become the fourth north west debt advice company to float on the stock market. ClearDebt intends to raise up to £3m when it joins the Alternative Investment Market in September. The web-based business helps consumers struggling [...]

Cleardebt – Debt help is 50% cheaper than nearest rival?

by on June 8th, 2005

TweetShareHere’s how Simon Foley of the Independent reported our intentions: Debt Free Direct faces aggressive new rival ClearDebt was set up earlier this year by David Mond, the Manchester-based chartered accountant. He was in the news 18 months ago because he was the administrator of Fads who went on to lead a buy-out of the [...]