Debt: new rules to protect struggling homeowners
28 June 2010
The Financial Services Authority (FSA) has outlined new rules that would protect those struggling with their mortgage debt, the BBC reports.... read more »
Lloyds TSB cuts cost of unplanned overdraft debt
24 June 2010
Lloyds TSB is to cut the cost of unplanned overdrafts for most of its customers by more than half, in a move that could prompt other banks to follow suit. ... read more »
BBA: Households continue to repay debts
24 June 2010
Figures from the BBA (British Bankers` Association) have shown that although the number of mortgages approved for house purchase has increased for the third month in a row, households continued to pay off their unsecured debts in May.... read more »
Budget pros and cons for people in debt
23 June 2010
The coalition government`s first Budget, announced yesterday, holds both good news and bad news for people in debt.... read more »
Emergency Budget: Government warned against `senseless cuts`
22 June 2010
The coalition Government has been warned against making `senseless cuts` in spending ahead of today`s Emergency Budget, the BBC reports.... read more »
New mums `forced back to work by debt`
21 June 2010
Debt and other financial worries are forcing new mums back to work early, according to research by uSwitch.com.... read more »
Only half of struggling borrowers aware of IVAs
18 June 2010
Just half (51%) of people struggling with debt are aware of IVAs (Individual Voluntary Arrangements), according to a report from insolvency trade body R3.... read more »
7% of struggling borrowers `take on debt from loan sharks or doorstep lenders`
18 June 2010
Around 7% (67,000) of people struggling with their debts say they have contacted a `loan shark` or doorstep lender, research by insolvency trade body R3 has found.
... read more »
44% of struggling borrowers `don`t think they need help`
17 June 2010
Over four in ten (44% of) people who admit to struggling with debt have not sought advice because "they do not believe their problem is big enough to need help", according to R3.... read more »
More young people heading for debt problems than older peers
16 June 2010
Young people in debt are far more likely to leave bills unopened and avoid their creditors than the older generations, a report from insolvency trade body R3 claims.... read more »
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