Published in on Tuesday, March 31 2009 0 Comments

If you’ve found yourself too heavily in debt and it’s causing you stress, you really must do something about it.

Published in on Monday, March 30 2009 0 Comments

If you’re struggling with debt, you’ll already know that it’s the little efforts you make to save money and make money that make a huge difference over time.

Published in on Sunday, March 29 2009 0 Comments

If you’re in debt, you need to do everything you can to balance the books month by month to gradually tip the scales in your favour and get debt free.

Published in on Saturday, March 28 2009 0 Comments

If you need additional funds to help consolidate debts, or just to spend on an upcoming bill (for example if you have a child hoping to go to university but you’re worried about the ever-rising tuition fees), then you may decide to take out a second mortgage. The process of getting a second mortgage is relatively uncomplicated. However, before making a final decision about getting a second mortgage, you should be aware that, although there are many potential advantages, there are also several disadvantages to bear in mind. These include:

Published in on Friday, March 27 2009 0 Comments

Second mortgages can be a good idea for those in desperate need of additional funds, whether these funds are needed for debt consolidation, paying large bills, coping with day to day living expenses or making important repairs to your home. They provide potential benefits for those who already own a home and wish to borrow against this home. Many people are confused about how a second mortgage is calculated or whether or not it is ever a good idea. Usually, the amount available to be borrowed with a second mortgage is calculated using the difference in value between the current value of your home and the outstanding principal balance applying to your initial mortgage.

Published in on Thursday, March 26 2009 0 Comments

You see countless advertisements on the TV and in newspapers and magazines telling you how easy is to get out of debt these days. Of course, most of this is simply nonsense. If there truly was an easy way out of debt, we’d all be doing it.

Published in on Wednesday, March 25 2009 0 Comments

The Registry Trust, which is responsible for compiling county court judgments (commonly known as CCJs) figures from courts in both England and Wales, has released statistics which show that more and more borrowers are ending up in court after failing to keep up with bills and loan repayments. Many consumers who have been feeling the pinch after the credit crunch began in earnest last year have been unable to pay back borrowed money and the Registry Trust has revealed that over 827,000 of these individuals have been taken to court as a result. In 2007, this figure stood at just over 796,000.

Published in on Tuesday, March 24 2009 0 Comments

If you’re struggling to pay back debts, you may well be tempted by the abundance of cash-back deals there are on offer at the moment. As retailers struggle for survival and fight each other for market share, they’re offering increasingly competitive deals to lure in the customers including what appear, on the surface at least, to be some very tempting deals on cash-backs. Don’t be suckered in.

Published in on Monday, March 23 2009 0 Comments

You hear and read a lot about IVAs (Individual Voluntary Arrangements) these days, but how do you tell if an IVA is right for you? The people you ask for advice may have a vested interest in telling you that you need an IVA or, similarly, they may have an interest in trying to sell some other kind of financial deal to you.

Published in on Sunday, March 22 2009 0 Comments

Since the recession began in earnest; several new trends have emerged with regards to the economy.