Household debt is a major problem in the UK.  Many households are teetering on the brink at the moment as wages fall, redundancy rises and inflation rockets.  In short many households are struggling to make ends meet at the moment, and many don’t know were to turn.  If you find that that you are struggling to pay your creditors and make ends meet then an Individual Voluntary Arrangement may... 

For many of us some form of debt is part of our daily lives.  The Credit Card has become a a common way to pay for the majority of things, and is flexible and easy.  Most of us have a mortgage on our homes, and some form of debt.  However it can be surprising just how easy it is to sink into a debt crisis, those that do, did not intend to be in that situation, as all it can take is redundancy, ill... 

You might have heard the term ‘energy debt’ before, but think that it can’t possibly apply to you, because you always pay your bills by direct debit, or by the due date on your quarterly bill. But don’t be so sure – the menace of energy debt can creep up on you and before you know it you really are wondering how on earth you’ll be able to pay your next fuel bill. How do you get Into... 

Things are hard for many at the moment, and the credit crunch has really started to bite, both for businesses and consumers.  And things will get a lot worse as the Governments austerity measures start to bite, with thousands facing unemployment, and many more the threat of redundancy.  As a result there may be a strong temptation to turn to loan sharks or other ‘ sources of credit when you need... 

Fed-up with the stuffy and impersonal nature of High Street banks, or struggling to get credit? Or perhaps worried about the ethics of savings and loans in traditional banks? Well an alternative option could be to join, or even form, your own credit union. The basics: Credit unions are financial co-operatives owned and controlled by their members who pool savings to offer low-cost and flexible financial... 

While the most recent figures indicate that the bankruptcy rate in the UK has dropped over the past few months, these same figures show that there were more the 33,000 personal insolvency claims in the previous quarter.  This is almost 4% fewer filings than there wee in the same quarter last year.  These insolvency figures include all Debt Relief Order, Individual voluntary arrangements, and all... 

We are constatntly bombarded on the Television and Radio from companies advertising payday loans. They show us how easy it is to apply online, or on the telephone, and on the same day, we can have a cash advance in our bank account to spend as we want. There is no getting round it, they seem easy and convenient, but are they really value for money, and is it the type borrowing that we should take...