Feed: Debt help and advice for IVA'S, TRUST DEEDS & DEBT - AggScore: 45.2

Christmas Opening Hours

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Click here for details of our Christmas opening hours.

Pensioners in Debt!

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It has not gone unnoticed that there has been a rise in living costs over the last few years, unfortunately individuals hitting retirement age are now more likely than ever to be in debt. It has been found through various research surveys that as many as one in three pensioners over the age of 75 have debt.

Debt Confusion

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The latest figures released show that debt within the UKstands at a massive _1.5 trillion (_1,500,000,000)! While unemployment has reached 2.5millionheaping massive pressure on household budgets as those dreaded bills continue to drop through the letterbox.

Debt Management Programs

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In 2010 the number of people clearing their financial arrears increased and this was said to have been largely down to the help and guidance of Debt management companies just like us at Best Solution Online.

Inflation & Interest Rates Effects

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It has been a long time since the Bank of England’s interest rate setting meeting has been one concerning doubt, for two years now nothing has been changed by the Monetary Policy Committee.

Legal Loan Sharks Target The Poor

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Proposals which had been laid out concerning a regulation system placed on legal loan sharks have not been supported by the Government

Hidden Debt beware!

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Setting up regular payments may well be convenient to you at the time when you set them up but did you know that sometimes payments may continue to leave your account long after you end the particular service that you first set up.

Financial Future, control your debts now!

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Millions of British households are left worrying about what the future holds for them in terms of their finances. With the hard hitting recession still in our minds, the everyday cost of living is on the rise.

Debt Funding Cut

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Currently there is around _27million of funding for our debt agencies such as Citizens Advice however, this is all suddenly about to change. This amount of funding is struggling to cope now and with the number of people in debt and who need desperate help on the increase we are left wondering whether our debt advisory services will be maintained.

Banking bonuses

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The UK is at risk of losing its place in the top 10 world economies over the next 5 years.

Banking bonuses row

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The board of the Royal Bank of Scotland (RBS) have threatened to quit after hearing Government plans to cap their bonus payments. Chancellor Alistair Darling is to be granted the right to veto bonus payments at the bank, following which the bank sought legal advice.

Christmas spending

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Recent surveys have reported that only 15% of the UK population have put aside money to pay for Christmas. With reduced levels of spending and less credit cards in circulation, it could be a lean holiday period for retailers.

reducing debt

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It looks as though the Chancellor of the Exchequer will be forced to admit the recession is worse than feared in his pre-Budget report

Fat cat salaries

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A set of “tough pay regulations” are to be introduced which will see UK banks forced to publish the number of employees earning more than _1 million per year, according to a recent report.

Banks 1 – OFT 0

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Today’s ruling that the banks are justified in charging obscene amounts for unauthorised overdrafts (often of their own making) will send shockwaves through the whole of the finance/debt industry.