If you’re struggling to manage your finances, have mounting debts or have received letters demanding payments then you may have looked at the different debt solutions available to you. From IVAs, to debt management plans and consolidation loans, there are so many different solutions out there that it can be difficult to know which is… (0 comment)

The amount of debt that people will carry into their retirement this year has fallen compared to last year’s figure, dropping to an average of £31,200. This average is also only for those with debt, which is just one in five of those who will retire this year. Most of this debt comes from either…

With the festive season over, many Britons will be looking at their bank balances and wondering if they may have gone a little overboard this year. The temptation to go large for Christmas and New Year’s can be a bit too much for some, and people often find themselves taking out short term loans or…

Being in debt is not the end of the world. Although large amounts of debt can make you feel as if you are no longer in control of your finances, there are options available to you that will help you to take back the reins, consolidate your debt and allow you to be free of… (0 comment)

Cancer patients across the UK have found that they face difficulty when trying to get enough together to pay for their fuel bills. This is especially true during winter when, as you can imagine, the problems become more pronounced. This information is provided by Macmillan Cancer Support, who surveyed cancer patients throughout the UK on…

The problem many people have with debt is that they are unwilling to acknowledge or accept that they have let their debts get beyond their control. However, as soon as you start to work at clearing the debt, you will see that the stress and anxiety caused by having debts hanging over you begins to… (0 comment)

Hey people, are you crunched under the pressure of having heavy debts? Are you in the habit of making late payments? Please, don’t do it. Stay away from this habit and do not allow your account to go into collections. Along with that, avoid tax liens, bankruptcies and foreclosures ending up your financial plans. Above… (0 comment)

Banks in the UK are adding to the financial burden of households by having record level high interest rates on borrowing. The banks are charging record amounts of interest on credit cards, overdrafts and mortgages even though the Bank of England’s 0.5% base rate of interest is at an all time low. The Bank of… (0 comment)

It is reported that UK Families are spending almost a quarter of their disposable income on interest payments alone. The debt charity “Consumer Credit Counselling Service” (CCCS) reported today that the interest burden on families had reached an average of almost £200 a month during the last 3 months of 2011. The report shows that… (0 comment)