Calls to protect private tenants from eviction have been raised, as more landlords struggle with debt problems and fail to keep up with mortgage repayments – leaving tenants increasingly closer to eviction than they realise.
Campaigners, including the charities Shelter and Crisis along with debt advice organisations, want new laws to be introduced that give people [...]
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Monthly Archives: March 2009
Tenants face eviction due to landlord’s debt problems
Consolidate debts
For many people, taking out a loan is deemed the only way to consolidate debts. But in the current climate, with credit harder to come by, this is often no longer an option. Here are some other options available to consolidate debts that don’t include taking out a loan.
Other ways to consolidate debts
Debt management plans
A [...]
Help with debts
Higher living costs and growing unemployment levels are forcing more and more people to seek help with debts, as they struggle to make ends meet. If you are worried about your finances and are struggling with the repayments on your unsecured loans, credit cards and other balances, then it may be best to get some [...]
Help with debt
In the current climate, many people need help with debts, but what help is available to people struggling with their finances? Some of the more familiar debt solutions include consolidation loans and re-financing options, but with virtually all lenders tightening their lending criteria, securing finance is increasingly more difficult. Here are some of the other [...]
Debt Settlement
Making debt settlement offers, you could clear all of your outstanding debt balances by agreeing to pay a one off lump sum (which can be much less than the total amount outstanding), rather than making smaller payments over a longer period of time.
Debt settlement is often called a full and final settlement. This is [...]
Debt Advice specialists welcome "Unfair Energy" Bill
Under new rules, proposed by the energy regulator Ofgem, energy companies will be banned from charging unfair, or unjustified, prices.
Rates charged, for different payment methods, will have to reflect costs to the supplier. This will apply to pre-payment meters.
The investigation into the state of the energy market was started by Ofgem early in 2008. And [...]
Only in England!
It started off as just another immigration case. In August 1996 a man going under the name of Shaqa Shatri arrived in the UK with his tale of woe. He told immigration officials that he was a Kosovan refugee fleeing from the Serbs and that he wanted to come here to avoid persecution.
Being the nice [...]
Reduce debt
If you are struggling with your debts, you may be wondering what is the best way to reduce debt repayments to a more affordable level. Here are a few simple ways to regain control of your financial situation, and help you to reduce debts at the same time.
If you need to reduce debt repayments [...]
Fishy Business
Times appear to be changing as the recession forces people to rethink their priorities, especially so in Iceland which has been hit so severely that the country is on the verge of bankruptcy. Surprisingly enough though, their situation is apparently leading to better times in Grimsby!
Back in the 70’s relations between Iceland and Great Britain [...]
Bad debt
Everybody has debt these days – what with credit cards, store cards, overdrafts, catalogues and personal loans – but what’s the difference between a good debt and a bad debt?
Unless you are very good with money, there’s rarely ever a good debt. Mortgages were considered quite a good debt whilst the housing market was [...]
Irresponsible Lending v Irresponsible Regulating
It looks as if the Financial Services Authority is going to find that its plan for capping mortgage loans is going to meet with some fierce resistance from mortgage lenders who are already mounting a campaign against its proposals under The Turner Review.
The FSA have said that they will look at capping loan to income [...]
For richer or for poorer – affluent need debt help too
As the recession takes hold an increasing number of more affluent earners are seeking help with their consumer debts.
Rising unemployment and the housing market slump have been cited as possible reasons why there have been a fundamental shift in UK debt patterns.
Debt advice organisation the CCCS reported the number of their clients in 2008 with [...]
Above The Law 2
Will I ever get used to the double standards of this Government?
The Competition Commission has ordered BAA to sell 3 of their 7 airports as their present holdings have caused a complete ‘absence of competition’ and are therefore detrimental to passengers and airlines in Scotland and the South East of England. BAA have been told [...]
Clampdown on credit card debts
The government has plans to try and stop people developing credit card debts by clamping down on the industry.
New legislation to be introduced will put a stop to credit card firms raising customer’s credit limits when it hasn’t been requested.
Ministers will also request that the unsolicited credit card cheques sent by these companies will also [...]
Debt Advice
We understand debt. We know how easy it is to get into financial difficulty, but more importantly, we know how to solve your debt problems for good. With more than 10 years experience, we have helped many thousands of people. For free debt advice and assistance, please call the number at the top of [...]