Archive for the 'Debt' Category

Feb 19 2008

Gulp! 2012 Looks like it will be fun

Published by sholto under Cashflow, Debt, Savings, Taxation

According to the government 2012 will be a year of plenty with the golden shower of the Olympic Games to sustain us; but not everyone is quite so sanguine with fool.co.uk leading the chorus of doomsayers who believe that life could get very hard for people living in the UK.
Lets not discuss the cost of [...]

No responses yet

Feb 16 2008

Helping Scots get a grip on their finances

Published by sholto under Debt, Savings

With the savings ratio at an all time low, and more and more people struggling to balance bills at the end of the month, the government is asking what is to be done to improve people’s management of their finances.
Proposals to integrate financial education into secondary schools sounds far too little – a question of [...]

No responses yet

Nov 20 2007

Thinking of debt instead of Christmas?

Published by mark under Credit Cards, Debt

1.7 million people had debt problems in 2006/07 according to charity Citizens Advice, this shows that not only the US has a credit problem
It’s scary how much debt people on average are getting themselves into and of course, debt levels vary widely across the UK. So here are a few easy tests to see [...]

No responses yet

Oct 12 2007

Individual Voluntary Arrangements Grow Tougher

Published by sholto under Bankruptcy, Debt

Firms that offer IVAs in England and Scotland are considering withdrawing services that help citizens set up IVAs. Financial services companies are increasingly unhappy about paying upfront fees and also want to restrict IVAs from becoming an easy option for debt-laden consumers. For creditors, an IVA can mean only recovering 30% of outstanding debt [...]

No responses yet