Over two million households are taking out loans from door-to-door salesmen…
Over two million households are taking out loans from door-to-door salesmen at rates of up to 200 per cent according to a Save the Children report.
Figures show that millions of families are being targeted by these companies, with as many as 2.3 million using these [...]
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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: December 2007
Families hit by doorstep debt
Chiltern Debt Monitor October 07
The impact of a tightening credit market and interest rate rises is creating a greater interest in debt management programmes but too many consumers are still struggling with their debts…
Average level of debt: £26,537 Average age of debtor: 43 Yearly gross income: £23,416 Male: 42% Female: 58% Average number of creditors: [...]
What Are Some Ways I Can Avoid Bankruptcy?
While bankruptcy may seem like an attractive, short-term solution to alleviating debt, the process usually hurts people more than it helps. It can take years for your credit to recover from such a maneuver; you may not be able to get financial assistance if and when you need it after filing for bankruptcy. Since this [...]
Millions failing to cope with debts
Nearly six million people may need to go into further debt just to meet their living costs
Nearly six million people may need to go into further debt just to meet their living costs according to a survey by online comparison site uSwitch.
It found that 13 per cent of people surveyed would use debt to fund [...]