News Archive for May 2010

Government plans 'may help unemployed Brits with debt consolidation'

28 May 2010

Iain Duncan Smith has announced plans to get five million jobless Brits concerned about debt management back into employment.



Paying mortgage with credit cards 'could be detrimental to debt management'

28 May 2010

Brits have been advised not to pay off their mortgage with a credit card because it could be bad for debt management.



Homeowners 'may choose long-term mortgages' if concerned about debt management

27 May 2010

Long-term mortgage deals may be a safer option for people concerned about debt management.



Wine bar owner 'faces bankruptcy'

26 May 2010

A man from Shrewsbury could face bankruptcy because he is not permitted to serve alcohol outside his wine bar.



Careful credit card use 'can help debt management'

25 May 2010

Consumers have been advised on ways in which a credit card could help them to better manage their debts.



CCCS calls for older people to 'seek advice online'

24 May 2010

Many older people in the UK are not taking advantage of online services to make their debt management easier, it has been revealed.



Gambling on credit cards bad for debt management

24 May 2010

Individuals who gamble using funds from their credit cards can quickly run into trouble in terms of debt management, one industry professional has stated.



Government outlines planned actions on debt management

21 May 2010

The coalition government plans to help consumers with debt management in a number of ways.



Creditors contact almost half of people in bankruptcy

20 May 2010

Creditors are flouting bankruptcy proceedings by continuing to contact debtors, figures reveal.



Men's minds may suffer from debt management concerns

20 May 2010

Men could be more likely to suffer from debt management concerns due to their stereotypical status as breadwinners.



Tax could cause debt management trouble for over-55s

19 May 2010

The over-55s are worried about tax, which could impact on their daily budgets and on the amount left over for debt management efforts.



PPI ban could impact debt management negatively

18 May 2010

Negative debt management implications could arise from a ban on PPI at the point of sale.



Debt management focus could prolong recessionary effects

18 May 2010

A focus on debt management could prolong the effects of the recession on the high street as consumers keep a close rein on their spending.



Debt management problems rise in Wales

18 May 2010

A greater number of enquiries about debt management were handled by Welsh Citizens Advice Bureaux over the past year.



Government inaction may harm debt management efforts

18 May 2010

Debt management efforts could suffer from rising unemployment and interest rates if the government does not act promptly.



Debt management concerns continue for Brits

17 May 2010

Britons remain more concerned about debt management than any other issue, according to Citizens Advice enquiry figures.



Base rate is 'not responsible for costs of debt'

14 May 2010

The cost of borrowing is not presently reflecting the historic low base rate in the UK.



Recession is 'far from over'

14 May 2010

Debt management could still be hindered by recession in the UK, it has been claimed.



Brits 'will see the difference' of tax threshold increase

13 May 2010

Debt management could be that little bit easier through an increase in the tax threshold.



Personal insolvencies 'affected by employment'

11 May 2010

Joblessness is a continuing problem for people hoping to tackle debt management in the UK.



Shoppers told to consider debt management impact of store cards

10 May 2010

Debt management efforts could be hampered if you take out a store card you cannot pay off at the end of the month.



Wedding costs may add to need for debt consolidation

07 May 2010

Celebrating a friend's marriage could push around one in seven people towards needing debt consolidation to stabilise their financial footing.



UK debt management efforts could boost mortgage broker market

07 May 2010

A focus on debt management through remortgaging could be one factor boosting optimism in the mortgage broker market.



Bankruptcy or insolvency declared every 3.69 minutes

06 May 2010

Credit Action sees insolvency or bankruptcy declared more than 16 times per hour in the UK.



Brits' bank holiday spending could jeopardise debt management efforts

06 May 2010

Britons put their debt management efforts on hold over the May Day weekend, withdrawing a record-breaking amount from cash machines.



Stagnant wages drive need for debt management

06 May 2010

The need for effective debt management is rising due to stagnation in UK wages.



Is debt management causing retailer uncertainty?

05 May 2010

Debt management efforts to tighten household budgets may be behind the uncertainty faced by high-street retailers and supermarkets.



DIY debt management could spell disaster

04 May 2010

DIY projects could worsen debt management difficulties for families trying to improve their way out of negative equity.



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Debt News

Low house prices 'bad news for people with debt management problems'

07 September 2010

Anyone looking to remortgage their home to deal with debt management issues may struggle because of the falling house prices.

Making minimum credit card payments 'indicates debt management problem'

03 September 2010

One of the signs a person may be struggling with debt management is that they only ever make minimum repayments on their credit card, one organisation has said.

Bank write-offs for those with debt management problems peaked in Q2

02 September 2010

Debt management problems in the UK could still be prevalent after new figures from the Bank of England showed record amounts of write-offs for credit cards.

More look for debt management advice in Q1 2010

01 September 2010

There was an increase in the number of people looking for debt management advice from Citizen's Advice Bureaux in the first three month of 2010.

Bankruptcy ‘not the easy option’

31 August 2010

Filing for bankruptcy in cases of financial difficulty may not necessarily always be the easy option.

Poor debt management causing Scottish homelessness?

31 August 2010

Homelessness in Scotland may be being caused by poor debt management, with a recent study showing a number of cases are due to mortgage arrears.

Retired people to need debt management solutions?

31 August 2010

Debt management could affect pensioners, with living costs and inflation rising

Students 'should budget to avoid debt management problems'

31 August 2010

Those going to university should make sure they draw up a monthly budget to avoid finding themselves with debt management problems, it has been advised.

Arrears data 'not reflective of debt management problems'

31 August 2010

If interest rates were not at an historic low, there would be more people struggling with debt management, one expert has said.

Thousands of new debt management problems seen every day

31 August 2010

Thousands of new debt management cases are being seen by Citizen's Advice Bureaus every day, it has been revealed.

Debt News Archive