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.

Published in on Saturday, March 21 2009 0 Comments

Earlier this week, the Bank of England, which has introduced lower interest rates in a bid to stimulate the economy, revealed its belief that the economy’s deflation will not last long if firm action is taken quickly.

Published in on Friday, March 20 2009 0 Comments

Freedom from debt may sound like a dream come true to many people. Often, it seems like everyone around you has plenty cash to spare while you’re struggling to make ends meet.

Published in on Thursday, March 19 2009 0 Comments

It’s true – credit cards are the biggest debt culprits in the UK today – but if you’re reading this, you probably know this already, but don’t worry, help is at hand.

Published in on Wednesday, March 18 2009 0 Comments

The BBC has been reporting that the majority of universities in both England and Wales want ideally to increase tuition fees in the near future. According to the BBC, those in charge of many of the universities questioned would like students to pay a minimum of £5,000 a year.

Published in on Tuesday, March 17 2009 0 Comments

If you’re struggling with debts, there are many steps you can take to fight back. And one of the biggest payments most of us face each month is the mortgage payment. There’s never been a better time to look for a new mortgage. With interest rates at an all-time low, and the recession biting deep into most people’s pockets, now is the time to act. But how do you go about it?