Personal Insolvency in the UK is on the Rise
In the last quarter of 2009, England and Wales saw the number of people that were declared insolvent each its highest number of all time. The Insolven
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Debt Management in the UK
Posted on December 18, 2011 by admin
Debt Management in the UK The worst possible thing you can do when you get into debt is ignore it. You know it is not going to go away but you just do not want to deal with it. This is the attitude that will cause you to sink into debt further, and nothing will get solved. Debt management is someth
Shocking Rise in Home Repossessions Worries Many in UK
Posted on August 19, 2011 by wolfgang
New figures just released from the Council of Mortgage Lenders in the United Kingdom show that repossessions of properties has risen by nearly 15% since the beginning of 2011. According to the numbers, experts say that around 9,000 properties have been repossessed in the 2nd Quarter of this year alo
UK Job Market and Inflation Causing Problems in Consumer Households
Posted on August 15, 2011 by wolfgang
New research shows that things are not looking too great in the United Kingdom right now in terms of job opportunity for those who are looking and stability for those who are already employed. Research has come from the Chartered Institute of Personnel and Development, known as CIPD for short, that
Rules for Debt Relief may be Made Easier
It appears that new rules and regulations may be put into place to allow UK residents that have pensions to use debt relief orders in order to fight b
Bad Debts on the Rise
The Bank of England is pointing out that the number of bad debts that were defaulted on by consumers has increased by an alarming rate through 2009. F
Credit Demand is Piling Back Up in the UK
More and more people and UK consumers are turning back to credit in order to pay their bills as they struggle with the current economic situation. In
Credit Card Interest is Hitting New Highs in the UK
Research performed by the group known as Moneyfacts is showing that the interest rates on credit cards have hit an all time high in the UK. The averag
UK Debt Skyrocketing to Irreversible Levels
The debt of consumers in the UK is being reported as higher than ever and is starting to pose a threat to millions of households around the country. A
Tory Backbenchers Fighting Off the Vulture Fund Bill
There appears to be a last minute amendment proposed to the vulture fund bill that could put the end to the entire idea. The vulture fund bill was put
Debt Charities calling for Help and Better Practice
Many people across the UK and especially some debt charities are calling on big members of the credit industry to start offering more help, and more s
Debt from Utilities Excluding People Financially
Debt and the issues that surround it have come to the forefront of the UK over the past year or so, and although things have improved in many ways the
Credit Showing Lower Default Levels than Experts Expected
Lenders and experts appear to have overestimated how many people they thought would default on their loans and credit cards for the tail end of 2009.
