Green shoots of an economic recovery have raised UK consumer confidence to the highest level in 2 years, despite enquiries for debt management increasing.
A European Commission index of consumer optimism leaped to its highest level since January 2008.
The report produced by GfK NOP showed that consumers thought this was the best time to make a [...]
Celebrity judge of ITV1’s X Factor, Dannii Minogue has revealed that she settled her debt management problems in a rather unconventional way – by becoming a Playboy covergirl.
Ms Minogue explained that she managed to get out of debt, in a way that few people experiencing debt problems would be able to emulate, by stripping nude [...]
Since the government introduced the car scrappage scheme, there has been a sharp increase in the number of consumers putting their future debt management at risk by taking on more debts.
According to findings from Sainsbury’s Finance, the car scrappage scheme has been directly responsible for a 37 per cent increase in the value of personal [...]
Debt management has become a household concept in recent times, but some people are more concerned about when it stopped being something we think about. Wirral Citizens Advice Bureau hosted a debate on debt under the leadership of Esther McVey who is a prospective Conservative MP for Wirral West this week. The strongest point [...]
In an effort to stop credit card debts spiralling out of control, card holders could be forced to double their monthly payments according to government recommendations.
This week, consumer affairs minister Kevin Brennan is set to announce the results from his research into credit and store card practices, and it is predicted that the minimum monthly [...]
Spending on keeping children entertained during the half-term holidays looks set to drop this week, after a poll revealed that many families plan to spend less than last year amid wider debt management worries.
The current economic recession has forced parents to tighten their purse strings and spend less on entertaining children during the half-term holidays, [...]
The UK economy sparked a further debt management warning after it was revealed to be the longest in UK history.
An unexpected contraction in the economy by 0.4% between July and September, makes this present recession the longest since records began.
This is the first time ever that UK gross domestic product (GDP) has shrank for six [...]
Statistics released by the US government this week go a long way to confirm that people in certain states face significantly worse debt problems than those in other states simply due to a lack of solid employment opportunities.
Millions of Americans are struggling to find work, the situation is tough especially for those in Navada, California, [...]
The postal strikes look set to cause chaos for the debt management of millions of people, as payments towards store cards and credit card debts arrive late.
Industrial action taken by workers at the post office means that for many people, repayments towards their consumer debts will arrive late and they will receive fines and punitive [...]
In an effort to generate more cash, £7 billion worth of bonds were put on sale today. The 50-year bonds are officially the longest-dated securities ever issued by a EU government.
The recession has placed the UK in its worst financial situation since the end of World War II, as a result, we have become the [...]
The number of people struggling to repay their energy bills looks set to grow even more, as more people struggle with their debt management issues, according to government figures.
Figures from the Department of Energy and Climate Change show that around 4.6 million households could be suffering from fuel poverty this year. This figure equates to [...]
Water bills could rise faster than predicted, as the credit crunch is making it difficult for companies to secure the funding they need.
Experts are warning that smaller water companies, and those with a lower credit rating, could find raising the capital needed for investment almost impossible if the markets don’t recover.
The estimated £27bn required for [...]
The number of people seeking debt advice over their mounting fuel debts has grown substantially, according to charity the Citizens Advice Bureau (CAB).
Their figures show that between April and September this year, the number seeking debt advice regarding their energy bills in England and Wales had increased by 46 per cent, when compared to the [...]
Financial watchdog the FSA (Financial Services Authority) have called for the introduction of stricter affordability tests, so their members can recognise potential debt management issues and prevent future debt problems from developing.
Any applicants looking to get a home loan may have to divulge more about their spending habits, including how much is spent on smoking, [...]
New rulings proposed by Financial watchdog the FSA (Financial Services Authority) look set to minimise potential debt management issues further by calling an end to “Liar Loans”.
The self-certificate home loans, labelled “Liar Loans” as they require no proof of earnings or additional income, look set to be outlawed under new proposals from the FSA.
Following in-depth [...]