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Debt consolidation

• Debt consolidation `can be done without a loan` [24/06/2008]
  Debt-hit consumers throughout the UK can consolidate their debts without
• Debt consolidation `one of many options` [06/06/2008]
  There are a diverse range of options available to help free consumers from debt, according to Experian.
• Consolidation loans "stand out from the crowd" [05/06/2008]
  Debt consolidation loans "stand out from the crowd" as they are designed to help people deal with the debt that they already have, an industry expert has claimed.
• Consolidation loans `can help in long credit rating fight` [04/06/2008]
  Taking out a debt consolidation loan can help those with severe financial problems sort out their finances and improve their credit ratings at the same time, an industry expert has stated.
• Facebook users warned over illegal debt ads [13/05/2008]
  Credit companies are illegally targeting users of internet social networking sites in a bid to boost their debt consolidation businesses, a charity has warned.
• Consolidation loans `can ease financial burdens` [01/05/2008]
  Consumers can ease the financial burden of weighty debt problems by taking out debt consolidation loans, according to an industry expert.
• Consolidation loans `provide essential funds` [28/04/2008]
  Debt consolidation loans can provide essential funds which consumers with debt problems need to pay off creditors, an industry expert has suggested.
• Debt consolidation loans give "relief" to bad credit consumers [16/04/2008]
  Consumers with bad credit ratings can "breathe a sigh of relief" at the availability of debt consolidation loans, according to one industry expert.

Debt advice

• Zurich: Retirees forced back to work [16/07/2008]
  New research has found British people of retirement age are delaying giving up work or having to return to the workplace due to insufficient preparation.
• Equifax: ID fraud fear bigger than street crime [16/07/2008]
  Nearly 20,000 British people have been victims of identity fraud, according to new figures from American Express.
• Fool.co.uk: Recession will harm those in debt but help first-time buyers [14/07/2008]
  Financial website Fool.co.uk has said the predicted recession will be a help for those trying to get on the property ladder.
• ABI: Consumers failing to protect themselves against financial uncertainty [14/07/2008]
  Despite a number of large companies making job cuts recently, British people are deciding against taking out redundancy cover, a survey has shown.
• Chelsea: Household bills eat into savings [11/07/2008]
  Some British consumers are struggling with bills to the extent they are cashing in their savings, a new survey has indicated.
• Fool.co.uk: Britons must prepare for recession [09/07/2008]
  Financial website Fool.co.uk has said people must "tighten their belts" to prepare for the recession predicted by the British Chamber of Commerce (BCC) this week.
• Older people helped with over £350k of debt [07/07/2008]
  The financial skills and confidence of older people in the north-east have been targeted in a project in Newcastle.
• Negative equity should be viewed within "the broader picture" [04/07/2008]
  Homeowners fearing negative equity should look at the situation in the context of past price increases, an expert has said.

IVAs

• West Sussex consumers suffering debt [10/07/2008]
  There have been more reports from local newspapers highlighting the effect of the credit crunch in the UK.
• IVA agreements increase [25/06/2008]
  The individual voluntary arrangement (IVA) market has seen an increase in business recently, particularly among homeowners, new figures indicate.
• Industry body welcomes IVA mailing probe [11/06/2008]
  A major industry body has welcomed the Office of Fair Trading`s (OFT) announcement last week to investigate the misleading advertisements about Individual Voluntary Arrangements (IVAs).
• OFT to target bogus IVA companies [09/06/2008]
  Consumers with Individual Voluntary Arrangements (IVAs) have again been warned to be wary of illegal letters advising them to apply for bankruptcy.
• IVAs can be "helpful" for large debts [05/06/2008]
  An Individual Voluntary Arranagment (IVA) can be a "helpful" way of fixing severe debt problems, an industry expert has claimed.
• IVAs - consumers warned about bogus deals [03/06/2008]
  Consumers across the UK who have entered Individual Voluntary Arrangements (IVAs) are being targeted by bogus companies promising to end the offers by arranging bankruptcies.
• Insolvency rates rising [08/05/2008]
  Insolvency rates are increasing across England and Wales, according to the latest data compiled by the Insolvency Service.
• IVAs can be "better option" than bankruptcy [06/05/2008]
  Entering an Individual Voluntary Arrangement (IVA) can be a "better option" than bankruptcy for some people as the debtor maintains some power over their finances, an industry expert has claimed.

Credit card debt

• Sainsbury`s Bank: Credit card rewards worthwhile - if you redeem them [17/07/2008]
  Sainsbury`s Bank has commented on the use of reward schemes for credit cards this week.
• Credit card rates `are on the up` [15/07/2008]
  Research conducted by Moneyfacts for the Independent on Sunday has found that a number of credit card lenders are raising their rates.
• Over 50s among "hardest hit" by credit crunch [08/07/2008]
  Almost half of British consumers aged over 50 are using credit cards for everyday expenses due to rising prices and the credit crunch, new research indicates.
• `Wiser` use of credit cards could save thousands [02/07/2008]
  Paying close attention to credit card use may save thousands of pounds in repayments, a finance information provider has said.
• "Increased pressure" for those in credit card debt [02/07/2008]
  More credit card lenders are applying to take charges over borrowers` properties, putting more pressure on those in debt, an expert has said.
• Debit cards most popular for plastic spending [01/07/2008]
  Plastic card spending continues to rise, with debit cards dominating the market, according to the UK payments association Apacs.
• Tories unveil plans to tackle `debt addiction` [19/06/2008]
  The Conservatives have pledged to help British consumers tackle the nation`s "addiction to debt" if elected at the next election.
• `Majority` of credit cards issued with no proof of income [18/06/2008]
  A majority of credit card issuers are failing to ask for proof of income, a report from comparison service uSwitch has revealed.

Debt in scotland

• BBC Scotland looks at effects of debt on health [11/07/2008]
  Volunteers have been sought to take part in an investigation looking at the physiological effects of debt.
• Scotland avoids house price decline [04/07/2008]
  Property in Scotland has avoided the national drop in prices, according to Nationwide`s recent figures.
• Optimism for Scottish economy [26/06/2008]
  Latest economic figures from Lloyds TSB Scotland indicate a slowdown but growth overall.
• Demand for staff in Scotland highest in UK [16/06/2008]
  The jobs market in Scotland has been described as "stable" in a report by the Bank of Scotland.
• Scots `faring better from credit crunch` [06/06/2008]
  Borrowers in Scotland are faring better in the fall out from the credit crunch than in other areas of the UK, a new study has revealed.
• Scottish markets "remarkably robust" [30/04/2008]
  The Scottish housing market is proving "remarkably robust" in the face of a UK-wide slowdown and the global credit crunch, a new study has revealed.
• Crunch `affecting Scottish consumers worse` [29/04/2008]
  The credit crunch has continued to affect consumers across the UK, with those in Scotland appearing worse off from the crisis, an expert has claimed.
• Scots `feel inflation to be 8.4 percent` [17/03/2008]
  Consumers in Scotland perceive inflation to be over eight per cent, as their debt problems continue to rise, new research has uncovered.

Bankruptcy

• Fuel price hike sparks bankruptcy fears [03/07/2008]
  Increases in fuel prices have led to some companies fearing bankruptcy, according to comments made in the Guardian.
• London bankruptcies have "quadrupled" [25/06/2008]
  Four times as many Londoners have gone bankrupt than in 2000, the London Daily News reported last week.
• Government department identifies fall in bankruptcy levels [22/05/2008]
  A UK government department has identified a fall in the number of individuals facing bankruptcy because of debt problems.
• Insolvency figures `hide true extent of debt problems` [09/05/2008]
  The increase in individual insolvencies is not showing the real extent of the debt problems in Britain, according to the insolvency trade body R3.
• "Real danger" bankruptcy rates will continue to rise [06/05/2008]
  There is a "real danger" that the effects of the global credit crunch may mean many more Britons than normal will face bankruptcy in 2008, an industry expert has claimed.
• Young workers `facing bankruptcy through overspending` [02/05/2008]
  The perils of overspending are not getting through to young workers and bankruptcy cases are rising as a result, an industry expert has claimed.
• Archbishop reveals "concern" over credit crunch [28/04/2008]
  The growing numbers of people who file for bankruptcy due to spiralling debt problems have been given support by the Archbishop of Canterbury.
• South-west `has highest rate of bankruptcies` [18/04/2008]
  Areas of England`s south-west region are among the UK`s worst blackspots for bankruptcies and severe debt problems, according to a new study.

Mortgage and remortgage

• Your Mortgage: US mortgage situation may lower UK confidence [16/07/2008]
  The USA`s mortgage company situation will have "an indirect effect" on the UK market as confidence may be lowered, an expert has said.
• Interest rate freeze `not helpful to first-time buyers` [11/07/2008]
  Yesterday the Bank of England`s Monetary Policy Committee (MPC) announced its decision to keep the interest rate at five per cent.
• Long-term mortgages `becoming more popular` [03/07/2008]
  More homeowners are choosing longer-rate mortgage deals, according to a report from Abbey.
• Homeowners improving properties to increase "saleability" [27/06/2008]
  A total of 3.25 million homeowners are planning to move house in the next year, research from Alliance & Leicester indicates.
• A million homeowners may face negative equity [25/06/2008]
  Homeowners who have recently agreed high loan-to-value (LTV) mortgages may soon be confronted with negative equity, according to a new report.
• A quarter of people `still willing to buy property` [20/06/2008]
  Over a quarter of British people think property is a good investment despite the credit crunch.
• Fixed-rate mortgage prices `highest in 10 years` [17/06/2008]
  The average price of two-year fixed-rate mortgages has reached 6.75 per cent – the highest in ten years, research from Moneyfacts has stated.
• `Urgent need` for more rented housing [16/06/2008]
  The strong demand for rented housing is being overlooked by the government in favour of helping buyers, claims the charity Centre for Cities (CFC).

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