Archive for July, 2007

TweetShareMr Morris lays part of the blame for the worsening debt management difficulties being faced by millions of consumers across the UK at the door of money lending businesses around the country. “The market is giving money away too quickly and too easily,” he told the 24dash news service. “People can obtain large amounts of [...]

TweetShareResearch carried out by Lloyds TSB found that around 79 per cent of Britons feel sure that the pressure on those facing debt management concerns will be increased at some point during the coming year. Furthermore, with debt management pressures already having been heightened five times since August 2006, only five per cent of those [...]

TweetShareFigures from MoneyExpert.com show that debt management issues are still getting worse for many thousands of Britons who borrowed money to fund their holidays in 2006. In addition, around 920,000 UK consumers have only recently managed to pay off the debts they racked up in their eagerness to go away on holiday last year, the [...]

TweetShareHowever, Citizens Advice is convinced that as things stand, with a High Court battle over penalty charges set to get underway, thousands of consumers could find themselves out of pocket and facing more debt management difficulties. “Consumers desperately need clarity on whether the banks are acting legally in imposing these charges and if they are, [...]