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Daily update of financial news with the specific angle on debt, IVA and bankruptcy. Also offers debt guides, showing you how to deal with your debts.
Recent Posts Tagged With 'uk debt'
26% Increase in Monthly Outgoings
The credit crunch is hitting hard with the average Brit struggling to cope, as their monthly outgoings soar by an average of 26% during the past two years alone. According to research carried out by insurer Combined Insurance, this hike is being prop...
‘Cut’ Credit Card Debt
Over the past year, almost two million Brits have ‘cut’ credit card debt, quite literally, by cutting up their credit cards in order to avoid getting into unaffordable debt with their credit card provider. Apparently 6% of the £52 billio...
UK Credit Card Debts
Credit cards debt are one of the most common causes of UK debt problems. As a country, Britain has more credit card borrowers than any other European country. Credit card debt is a growing problem, both in the UK and across the globe. There are a num...
UK Credit Card Debt Management
UK Credit card debt management is a problem for 4.8million people who have experienced increases in the amount of money they owe to their credit card debt, according to Tesco Compare. The outstanding credit card debt balance has increased by an avera...
Soaring Bankruptcy in the North-East
Bankruptcies in the North-East of England rose to three times the national average in the first part of 2008. This area has seen a 34% increase in the number of people being declared bankrupt compared to the national 11% increase. Sunderland saw the ...
Credit Card Debt to be Restricted
The Government aim to stop people getting into further credit card debt by stopping credit card companies from raising unrequested credit card limits, and to ban the sending out unsolicited credit card cheques. Credit card cheques may mean that their...
Credit Crunch Gets Brits Talking Debt
The credit crunch means that an increasing number of Britons feel more comfortable talking about debt and money issues, according to new research by Credit Expert. Apparently over half us us are now willing to talk about money and debt issues compare...
Debt is Britain’s Biggest Issue
Money worries and debt fears are now the biggest issue for most Brits, overtaking terrorism and immigration as the most serious issues facing our country. This fear has rise by 21% from last year, according to research carried out by Axa. Over half o...
6 Things You Need to Know About Debt
1: You are not the only one in debt. If you are struggling with debts it could feel as though you are isolated in your problem and that you are the only one with money worries, this is just not true! In February 2009, Credit Action reported that the ...
English Cost of Living No Longer Most Expensive
England is no longer one of the world’s most expensive countries to live in, as prices of essential and luxury items have apparently decreased, which drops England down from the 2nd most expensive place to live to a more credit-crunch-friendly ...
