The Chairmans View


  • Highest fuel prices causing debt management problems

    Fuel prices are the most expensive they have been for a year, causing debt management worries for many people. Following supermarkets raising their prices, the cost of petrol and diesel is now as high (if not higher) than oil giants such as Shell and Esso. For the first time in over a year the average cost of [...]



  • Avoiding debt problems this Christmas

    With Christmas approaching faster than a speeding train, almost five million people are still trying to get out of debts that they ran up last year. More worrying is the news that around three quarters of Brits are short of money to pay for this year’s festivities, so could be walking into a further £8billion hangover. The [...]



  • Baywatch star reveals debt management problems

    Baywatch babe Pamela Anderson has revealed on TV that she has recently experienced debt management issues. The American star confessed that she had failed to keep abreast of her financial affairs and had suffered in the recession as a result of a string of investments turning sour. Anderson, who is infamous for blowing thousands (on her plastic), [...]



  • Loan sharks causing debt management problems for housing association tenants

    Housing associations have reported that loan sharks are causing debt management problems for some of their poorest and most vulnerable tenants. Community Housing Cymru (CHC), which represents housing associations in Wales, is launching a specific campaign to raise awareness with their tenants and warn them about borrowing money from potentially violent and intimidating lenders. Loan sharks target [...]



  • Formula 1 Loses Toyota due to Financial Problems

    It has been confirmed by Toyota that despite signing the concorde agreement to race earlier this year that they will not be racing in 2010. Toyota had delayed officially announcing one way or the other until last weeks board meeting at head office in Japan. The decision is due to the parent company posting its [...]



  • Should Debt Management be Taught in Schools?

    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 [...]



  • Half-term debt management worries scupper spending

    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, [...]



  • Postal strike causes debt management mayhem

    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 [...]



  • Debt management prevents mental health problems

    According to latest research, people who are struggling with their debts should consider debt advice to avoid mental health problems from developing. The study by the Royal College of Psychiatrists and Rethink, revealed that half of British adults struggling with debt problems are also potentially dealing with a mental health issue. Their findings suggest that by seeking [...]



  • Low interest rate helps 100,000 people’s debt management a month

    Around an extra 100,000 homeowners are benefitting from the lowest interest rates in history, as their mortgage debt management is eased following the end of a fixed-rate term. According to the Council of Mortgage Lenders (CML), 42% of existing mortgage-holders are still enjoying a fixed rate deal. For those whose introductory rate has come to an end, [...]