Blog Feed: Financial Advice and Management

Tax Credit Torture For Families

Published on 2007-11-20 05:43:00

TWO damning reports into the tax credit system were published this week, claiming it causes distress and hardship to vulnerable families. A survey by Citizens Advice found almost half of respondents said they would be less likely to claim credits in > read more

Price of loans go through the roof

Published on 2007-10-22 09:08:00

It was reported in the SUNDAY EXPRESS on 14th October 2007 that cash strapped borrowers with poor credit records face paying thousands of pounds extra to secure a mortgage as the credit­crunch takes hold, new figures revealed this week.A quarter of > read more

2 million loans declined because of credit crunch.

Published on 2007-10-19 06:27:00

2 million loans declined because of credit crunch.Many consumers will find it harder to get loans during the next few months with lenders turning down more mortgage and personal loan applicants, according to new figures.Nearly 2 million loan applican > read more

Do Not Borrow To Get Yourself Out Of Debt

Published on 2007-10-03 08:13:00

The Sunday People 23rd September 2007, reported that a record number of people are in money trouble – with many getting into worse debt AFTER taking out a debt consolidation loan.More than 12.7million people have tried to borrow their way out of de > read more

Alarming figures

Published on 2007-09-03 03:55:00

Alarming figures from the Bank Of England show that families are defaulting on their debts at a record pace.The figures suggest households are defaulting on more than £20 million of debt every day – the most since 1993.Mortgage repossessions rose > read more