We had to write to say a huge thank you to everyone at Chiltern. You’ll never know how much you’ve helped us through this difficult time. From the first phone call when I spoke to someone called Carlos, who I’ve never forgotten, he was so kind, supportive and made us feel there is some help [...]
Blog – Chiltern Press
Welsh finances seriously overstretched
Residents of Wales are among the most likely in the UK to be seriously overstretched financially according to the latest research from leading debt management provider Chiltern. Nearly one in 25 people who live in Wales say their finances are seriously overstretched, almost double the UK average and second only to Lancashire. However, Welsh people [...]
Chiltern Debt Monitor December 08
The average level of debt owed by a customer on a Chiltern debt management plan is down by over £1000 pounds since the beginning of 2008 and currently stands at its lowest amount since the Chiltern Debt Monitor started in 2007. However people can afford to repay less than they could at the beginning of [...]
Chiltern gets stamp of approval from the OFT
Debt specialist Chiltern has been given the stamp of approval by the Office of Fair Trading (OFT), through its trade body, the Debt Managers Standards Association (DEMSA). They have been recognised by the OFT’s Consumer Code Approval Scheme – an initiative to promote and safeguard consumer’s interests by identifying, monitoring and rewarding better business practice. [...]
Yorkshire folk financially better off than people in Lancashire
Yorkshire folk are among the most financially comfortable in the UK and half as likely as people in Lancashire to struggle with their money according to research from leading debt management provider, Chiltern. Only one in 15 Tykes said their finances were a struggle compared to one in seven in Lancashire and one in nine [...]
Chiltern Debt Monitor April 08
The average level of debt of someone on an informal debt management plan has fallen below the £26,000 mark for the first time and is now at its lowest amount since the Chiltern Debt Monitor started. Chiltern Debt Monitor April 08 Average level of debt: £25,945 Average age of debtor: 44 Yearly gross income: £23,444 [...]
Chiltern Debt Monitor January 08
Since August 2007 the average yearly income of someone on an informal debt management plan has risen by nearly £3,000 from £20,540 to £23,432 while debt levels have decreased by more than £300 from £26,662 to £26,344. Six month review Average level of debt: £26,344 Average age of debtor: 44 Yearly gross income: £23,432 Male: [...]
Chiltern Debt Monitor November 07
The November Chiltern Debt Monitor reveals that over the last month the percentage of wages that debtors can afford to offer creditors has fallen by one per cent to 17 per cent, but the amount they are contractually obliged to pay has remained the same at 67 per cent. Chiltern Debt Monitor November Average level [...]
Chiltern Debt Monitor October 07
The impact of a tightening credit market and interest rate rises is creating a greater interest in debt management programmes but too many consumers are still struggling with their debts… Average level of debt: £26,537 Average age of debtor: 43 Yearly gross income: £23,416 Male: 42% Female: 58% Average number of creditors: 8 Affordable payments [...]
Men 20% deeper in debt than women
Men seeking help to manage their finances have 20 per cent more debt than their female counterparts Men seeking help to manage their finances have 20 per cent more debt than their female counterparts and can afford to repay less to their creditors each month as a percentage of their contractual debt repayments according to [...]
