Personal insolvency rates declining but are still high
During the 2013 calendar year, there were 101,049 personal insolvencies in Britain, according to the government’s latest report. This is around 8 per cent lower than for the year 2012. However, the...
View ArticleClik here to view.
Managing debt as a single parent
Life as a single parent is rarely easy, even if there is an extended family and other support to help with the children. When there isn’t any support, apart from perhaps friends locally, it can be a...
View ArticleClik here to view.
One in six families struggle with bad debt in poorest parts of Britain
According to recent research by Populus the research and strategy consultants, every sixth household has unmanageable bad debt in the poorest parts of Great Britain. The study covered some of the...
View ArticleOne in ten borrowers to struggle repaying mortgages
A recent report by the Resolution Foundation has revealed that millions of UK mortgage account holders are at risk of financial hardship in the future. The Guardian has reported that the Bank of...
View ArticleClik here to view.
The new bank – of Gran and Grandpa
The financial difficulties being experienced by many parents at present have led to a new development in terms of how families are managing their day-to-day living expenses, with grandparents...
View ArticleRise in cost of living hits young people
According to the CNBC’s recent report, the unexpectedly high inflation rate is affecting the lifestyle of many UK citizens, especially younger people whose wages are not keeping pace with inflation....
View ArticleMPs claim that UK debt collection plan has not succeeded
The economic recession has left an indelible mark on the UK’s economy. Bad debts have become an everyday issue many businesses are struggling with – and even the British Government has not escaped the...
View ArticleManage your credit score properly
Last year there were around 12 million graduates in the United Kingdom. Many of them could not find graduate jobs, so they were forced instead to take low-paid jobs they are far too qualified for, such...
View ArticleClik here to view.
Coping with credit card debt
According to The Money Charity, the average household debt, including mortgages, rose to £54,701 in May this year. The level of consumer borrowing via credit cards, unsecured loans, overdrafts and...
View ArticleBirmingham residents getting debt management advice before it is too late
New information has revealed that while Brummies might have very high levels of debt, they also know when its time to get debt management advice. According to the study conducted by a well-known debt...
View Article
