TweetShareMillions of people in the UK could be adding to their debt management problems by missing out on the cheapest energy bills available to them, it has been suggested. According to figures from uSwitch.com, British households can save hundreds of pounds by changing the company that provides their energy. Christmas is renowned as an expensive [...]
Archive for December, 2007
Millions ‘missing out’ on cheap energy
by News Team on December 14th, 2007
UK consumers ‘in the mood to spend’
by News Team on December 14th, 2007
TweetShareAn increased proportion of British consumers were “in the mood to spend” last month, according to a recent study. Figures compiled by Legal & General show that despite the millions of people struggling to become debt free, the overall willingness to spend was greater in November than during any other month of this year. In [...]
IVA numbers to rise next year
by News Team on December 13th, 2007
TweetShareThe number of people entering into an Individual Voluntary Arrangement (IVA) looks set to rise in the early part of next year, it has been claimed. Experts at the consultancy business Capital Economic are convinced that more and more people in the UK will opt for entering an IVA as a way of finding a [...]
Travellers warned over credit card fees
by News Team on December 13th, 2007
TweetShareTravellers from the UK have been warned that they could add to their debt management problems by spending large amounts while on holiday. According to the Post Office, the average charge levied for using a credit card overseas stands at 2.75 per cent of the relevant purchase and around 2.4 million Britons are likely to [...]
Citizens Advice slams sub-prime lenders
by News Team on December 13th, 2007
TweetShareA report from the Citizens Advice charity has suggested that the practices of some of the UK’s sub-prime mortgage lenders have forced thousands of British borrowers into serious debt management trouble. Mortgage arrears, repossessions and court actions are all on the increase around the country and Citizens Advice is convinced that in many cases the [...]
CML calls for more help for homeowners
by News Team on December 13th, 2007
TweetShareThe Council of Mortgage Lenders (CML) has told the leaders of the Conservative Party that public policy should be focussed more directly on helping homeowners who are struggling to meet their debt management commitments. Income support for mortgage interest was “severely cut back” due to government policy in 1995 and the reintroduction of this benefit [...]
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