Chiltern Debt Monitor September 07
Average level of debt: £26,608
Average age of debtor: 43
Yearly gross income: £23,535
Male: 42%
Female: 58%
Average number of creditors: 8
Affordable payments as a % of contractual payments: 26%
Monthly living costs: £1,083
Monthly disposable income: £231
No of months to be debt free: 145
The first Chiltern Debt Monitor reveals that, on average, debtors who enter into [...]
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Monthly Archives: September 2007
Chiltern Debt Monitor reveals debtors can only afford 26 per cent of contractual payments
Unfair mortgage charges penalising those in need
Lenders are making it even more difficult for customers to clear their arrears on their mortgage payments
Lenders are making it even more difficult for customers to clear their arrears on their mortgage payments by charging unfair fees according to new research.
The study by moneysupermarket found that a selection of leading mortgage lenders were charging £35 [...]
Repossessions fuel home auction numbers to highest level in years
Chiltern is urging people who face losing their home through repossession to seek help
Chiltern is urging people who face losing their home through repossession to seek help after figures from the Royal Institute of Chartered Accountants (RICS) showed the number of homes sold at auction had reached its highest level in two years.
RICS says there [...]