Home > News > Archive

Archived articles in all categories:

July, 2009

• When does an IVA begin to protect me? [31/07/2009]
  An IVA (Individual Voluntary Arrangement) can help people clear unmanageable debts that they can no longer see themselves ever repaying.
• Workers risk debt by neglecting pensions [31/07/2009]
  According to research from Prudential, over 1 in 10 people with a pension have stopped making contributions over the last
• Savings account bonuses increasing [30/07/2009]
  Banks and building societies are increasingly offering `bonuses` on their savings accounts as a temporary measure to increase the interest
• First-time buyers take on debt for deposit [30/07/2009]
  According to a study by moneysupermarket.com, first-time buyers looking to take advantage of the `ailing` housing market by buying a
• Mortgage approvals `up in June` [30/07/2009]
  Mortgage lending in June was at its highest level in more than a year, new figures reveal.
• Overdrafts: cost of debt increases [28/07/2009]
  Some banks and building societies are increasing the interest rate they charge on overdrafts, with some rates approaching 20%, The
• Graduates advised to budget for student debt [28/07/2009]
  In the recession, it is particularly important that graduates take their finances seriously, Moneyfacts.co.uk has advised.
• National debt `worst since Second World War` [27/07/2009]
  Official figures have shown that Britain`s borrowing increased to a record £13.3bn in June, meaning the nation`s total debt now
• Women cut back on spending to avoid debt [24/07/2009]
  Research by financial company Legal & General suggests that women are more likely than men to make `financial cutbacks` to
• Scottish debt problems lead to increase in bankruptcies [24/07/2009]
  The number of Scottish people declared insolvent in the first quarter of 2009 was 33% higher than in the same
• UK mortgage market remains weak, CML says [23/07/2009]
  The mortgage market in the UK remains weak, according to an industry body.
• Homeowners urged to overpay mortgage debt [22/07/2009]
  Homeowners are being encouraged to overpay their mortgage debt while interest rates remain low in an effort to save money
• Youngsters need lessons on avoiding debt [22/07/2009]
  Experts have called for young people to be given lessons on personal finance to help them avoid the kind of
• Credit card holders `may face annual fee` [17/07/2009]
  Experts have suggested that credit card holders may be charged annual fees as providers attempt to recoup some of their
• Scottish students could take 10 years to pay off debts [17/07/2009]
  New research has claimed that 68% of Scottish students expect to take at least 10 years to pay off their
• British `cut back on eating out` to reduce risk of debt [17/07/2009]
  Annual sales in the `eating out` sector are expected to decline for the first time in nearly 40 years, according
• More people defaulting on debts [16/07/2009]
  The Bank of England has said that the number of people defaulting on their debts has risen, and is expected
• E.On cuts gas prices by 3.3% [16/07/2009]
  E.On, one of the `big six` energy companies, has cut its gas prices to UK domestic consumers by 3.3%.
• Borrowers could face long wait for free debt advice [16/07/2009]
  A recent report claims that Redbridge would be `one of the worst-affected boroughs in the capital` if free debt advice
• Many in mortgage difficulty not seeking debt advice [16/07/2009]
  Research suggests that two in five people (41%) finding it difficult to make their mortgage repayments did not seek debt
• Consumer confidence rises for third month [16/07/2009]
  The latest Consumer Confidence Index from Nationwide Building Society has shown another rise in June, up to 58 from 54
• Debt, unemployment and stress damaging our wellbeing [16/07/2009]
  According to the Liberal Democrats, personal debt, job insecurity and workplace stress are damaging our wellbeing - and depression is
• Irish businesses going bust [16/07/2009]
  The number of businesses closing down in Ireland now outnumbers the number of businesses opening - for the first time
• Borrowers could face long wait for free debt advice [16/07/2009]
  A recent report claims that Redbridge would be `one of the worst-affected boroughs in the capital` if free debt advice
• Consumers `should avoid lying on mortgage applications` [15/07/2009]
  People should resist any temptations to lie on their mortgage applications, an expert has said.
• UK energy customers `overcharged £1.6bn` [10/07/2009]
  According to new research by consumer watchdog Consumer Focus, energy customers are being overcharged by a combined £1.66bn this year,
• Savings at a five-year high [10/07/2009]
  A new survey from National Savings & Investments (NS&I) has shown the highest levels of saving amongst UK consumers for
• Consumer confidence highest for over a year [10/07/2009]
  A new survey by GfK/NOP has suggested that consumer confidence improved in June, rising to its highest level in 14
• Low-income households` cost of living `rising faster than inflation` [10/07/2009]
  The Joseph Rowntree Foundation has claimed that the cost of living for low-income households is rising faster than the official
• Savers advised not to raid nest eggs [10/07/2009]
  Savers are being urged not to use their savings or investments in order to fund their current lifestyle, moneyfacts.co.uk reports.
• New measures to keep people out of debt [10/07/2009]
  As part of an overhaul of consumer rights, credit card companies will be told to stop encouraging customers to borrow
• Over-regulation of credit market `could harm consumers` [06/07/2009]
  While responsible lending is important, over-regulation could harm consumers, an industry body has said.
• Energy firms `not refunding overpayments automatically` [01/07/2009]
  A new report by consumer group Which? has claimed that energy firms are not making automatic refunds to some customers
• Average household £7 a week richer but debt levels remain high [01/07/2009]
  During May, a typical household had £164 a week left for `discretionary spending` after essential expenses, The Telegraph reports.
• Consumers `cutting back on credit card debt` [01/07/2009]
  Many UK consumers are cutting back on the amount of money they spend on credit cards as the downturn continues,
• Mortgage debt often greater than house value [01/07/2009]
  According to the latest findings from global rating agency Fitch, almost 1 in 6 `prime` mortgages in the UK are

Back to top

 

Government warns about rising credit card debt 05/03/2010 - The latest figures from the Bank of England (BoE) have Debt - the 12-month view 04/03/2010 - In January, UK citizens - between them - borrowed £500 Amount of `bad debt` written off reaches 16-year high 03/03/2010 - The latest figures from the Bank of England (BoE) suggest Deeper into debt: middle-class poverty 02/03/2010 - The recession has also affected a lot of people with