Articles Tagged With: Free Debt Advice

It is no wonder more people are seeking help with debt, as credit has been too readily available in the past, it has been claimed. Insolvency practitioner Nick O'Reilly, a director at Vantis business recovery,

People should be seeking help with debt problems as quickly as possible, according to one finance expert. Jessica Bown, of Talk About Debt, said it is "essential" for people to get the right

A new study has highlighted a 28.2 per cent like-for-like rise in individual insolvencies during the third quarter of the year. According to research conducted by free debt advice service Talk About Debt,

People must take steps to avoid running into problem debt when they take a major loan out, it has been suggested. Steven Baillie, head of loans at Sainsbury's Finance, made the comment after his firm estimated

Consumer group Which? has backed the Office of Fair Trading's OFT decision to launch a review of UK debt management practices. The review – the OFT's first into the industry since 2003 - will look

A home is being repossessed every 11 and a half minutes in the UK, it has been reported. Latest figures from Credit Action show that the recession is starting to affect more households, with an increase

It is now more difficult for consumers to run up huge plastic card debts unchecked, according to Credit Action. Chris Tapp, director of the money education charity, said it is harder now to get a credit

Many consumers are still as reliant upon credit cards and borrowing money as they have been in the past, it has been claimed. Commenting after the Bank of England reported that lending to consumers increased

Many people may shy away from seeking out professional help with their debts, not because they are ashamed or embarrassed about their debts, but because they think that they will have to pay for advice and of course, when you are in debt, the last thing that you want to do is to have to pay for advice about how to get out of debt, since this would only make things worse.

Personal loan rates are rising as the banks attempt to shore up the losses they have made over the last two years, it has been claimed. According to journalist and author Jasmine Birtles, the founder of

Cardiff is undoubtedly a city that ahs embraced the 21st Century. It is a city that is vibrant with a real caf culture and a student population that certainly helps make it feel an exciting and buzzing place. But for some people, life in Cardiff can be depressing and stressful, especially for people who are living in debt.

Families wishing to take holidays during the October half-term break can avoid running up debts by using the Santander Zero credit card, it has been claimed. Commenting after the bank reported that the

Consumers may be better off seeking free debt advice than using claims management firms, it has been suggested. According to myfinances.co.uk, there has been a rapid rise in the number of companies claiming

The number of calls being made for free debt advice to the Insolvency Helpline has increased, it has been claimed. According to a spokesperson for the service, the number of calls has risen by 30 per cent

A 46 per cent rise in the number of consumers with fuel debts has been seen during the first two quarters of 2009, it has been reported. According to the Citizens Advice Bureau, this latest surge continues

The Financial Services Authority FSA is proposing that mortgage lenders will have to carry out more comprehensive credit checks on potential borrowers. Increased credit checks will need to be carried

Falling into serious debt can affect the quality of your life, a new study has indicated. Research conducted by talkaboutdebt.co.uk indicates that 27 per cent of those with major financial concerns believe

Many people find themselves in debt through no fault of their own. In other words, they have not led a lifestyle that was beyond their means, they have not tried to keep up with the Jones at all costs, but they may be in debt because they have loaned someone money, or they have entered into some kind of financial transaction that has, to whatever degree gone wrong.

Many people are simply unaware that the Government does indeed provide debt advice to people who have got themselves into difficulty and need debt advice, to be able to sort out their finances and get back on track.

While the budget deficit is worse in the UK than in other countries, its overall level of debt is smaller, it has been claimed. David Kern, economic advisor at the British Chambers of Commerce BCC, was