Articles Tagged With: Personal Debt

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

The government has announced plans to tackle 'unfair' credit card practices and charges. According to the Department for Business Innovation and Skills, such charges could be outlawed under new proposals,

High levels of personal debt in the UK may be hindering the nation's ability to recover from the global economic downturn, it has been suggested. Commenting after gross domestic product figures for the

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

Recent Bank of England figures showing that personal debt has reduced in the UK may give a misleading impression, it has been claimed. According to Eoin Hamill, research and policy officer at Credit Action,

Personal Loans have been regularly used to fund those little extras such as a holiday abroad, a new car and increasingly as a means of debt consolidation. Most people know or have had a loan as shown by the fact that in the last 12 months Britain interest repayments on personal debt totalled £66.3bn. Now Lord Mandelson has announced the extension of the new car scrappage scheme, there has never been more reason to seek out the best loan rate