The August inflation report from the Bank of England has suggested interest rates will need to rise again
The August inflation report from the Bank of England has suggested interest rates will need to rise again to keep the target of 2 per cent inflation on track.
The report also says consumer spending has [...]
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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: August 2007
Interest rates to rise again
Millions using credit to gamble out of debt
Millions of gamblers are funding their habit by borrowing on their credit cards.
Millions of gamblers are funding their habit by borrowing on their credit cards, personal loans or overdrafts according to the latest research from MoneyExpert.com.
The findings showed that 14 per cent of the nation’s monthly gambling is paid for by [...]
Credit Card Debt Settlement Advice You Can Use
Credit cards should be helpful when it comes to managing our personal finances. Unfortunately though, many of us end up spending beyond our means and have to come up with a way to settle the debts we’ve built up.
Understanding how a credit card works is a key to working out the best way to reduce [...]
Britain’s overindebted in denial
Nearly four million Britons are officially overindebted
Nearly four million Britons are officially overindebted (2) but two-thirds of them are in denial according to research from leading debt management specialist Chiltern.
Its research revealed that one in 16 people in the UK spends more than 25 per cent of their wages paying off unsecured debts each month [...]
Home repossessions and insolvencies increasing
The number of people having their properties repossessed has jumped by 30 % at the same time as the number of insolvencies has increased according to official figures released today.
The Insolvency Service revealed there were 26,956 individual insolvencies in England and Wales in the second quarter of 2007, a rise of 4.2 [...]