More than a third of Britons are out of control with their holiday spending and are in danger of storing up financial woes when their sun-tan has faded according to research from Chiltern Debt Management.
It asked more than 1000 people about their holiday spending habits and discovered more than one in ten people will pay [...]
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DEMSA/OFT Approval
We are a member of DEMSA and subscribe to the DEMSA Code of Conduct.
DEMSA is an organisation founded to monitor and maintain high standards in the Debt Management industry. All members of DEMSA are bound by the terms of the Code of Conduct established by DEMSA. Read more...
Monthly Archives: June 2007
Britons holiday spending out of control
Chiltern UK Limited – Management Buyout
The management team headed by incoming Chief Executive Mark Bowler has been backed by Aberdeen Asset Managers Growth Capital (“AAMGC”), the private equity division of Aberdeen Asset Managers Limited.
Senior debt and working capital facilities were provided by HSBC’s Corporate Banking Centre in Sheffield. HSBC’s funding was led by David Hunt from the South Yorkshire Corporate [...]
Credit Card Confusion costs Consumers £500m
Credit Card Confusion costs Consumers £500m
Confusion over the way credit cards charge for cash withdrawals and purchases is costing consumers £500m each year according to Nationwide Building Society.
Its research showed almost seven out of ten people didn’t know the debt charged at the highest interest rate – usually for cash withdrawals – [...]
IVA Free Advice – Easy Solutions To Debt Problems
An introduction:
An IVA free advice is introduced by the Insolvency Act 1986 as an alternative to bankruptcy. By this people facing serious debt problems makes a proposal to their creditors to solve the problem. If the proposal is accepted by majority of the creditors, then all, debtor and creditors are bound under a contract. Under [...]
One million CCJ’s a year!
Number of CCJ’s doubled in the last two years
The number of people taken to court over their debts has almost doubled over the last two years according to figures released by the Registry Trust this week.
The number of CCJ’s has topped 247,187 in the first quarter of this year and is set [...]