Archive for December, 2006

TweetShareMoira Haynes, spokeswoman for the CAB, said that consolidating debt can work for some people, but it is important that people get quality debt advice before doing so. “We would advise people who are thinking about consolidating their debts to get advice and look very carefully at whether it’s actually going to solve their problem,” [...]

TweetShareMoira Haynes from the debt advice charity said that CAB saw 1.4 million more enquiries last year and warned that people often have their finances in a poor state in January. “We are seeing more debt problems than ever before,” she said. “The rate of growth of debt problems is alarming. “The new year is [...]

TweetShareAccording to Neil Munroe, spokesman for credit reference agency Equifax, the good mood from Christmas and for new year preparations does not mean that people should lessen their protection against identity theft. “It is historically a time of year when it’s a fairly open-season for fraudsters to be getting hold of information mainly because people [...]

TweetShareAccording to the supermarket bank, 18 per cent of this went on credit card debt, which will soon accrue interest unless debt management steps are taken. Donald MacLeod, credit card manager at Sainsbury’s Bank, said: “Our research suggests that it could be a busy time for the shops on Christmas Eve and that a lot [...]