Debt News
DFH congratulate clients on becoming debt free
Posted by Sam Smith on 16th May 2012 to Debt News
DFH Financial Solutions have over 14000 active clients currently on a Debt Management Plan, last month alone 52 of those clients successfully completed their debt management plan and are now debt free...
PPI Payout linked to savings increase...
Posted by Sam Smith on 8th May 2012 to Debt News
Recent research carried out by ING has shown that there has been an increase in the amount of Savers. The research shows that savings have increased by 18% in the first 3 months of the year, with ING ...
Tenants struggling to pay rent...
Posted by Vicky James on 27th April 2012 to Debt News
Debt advice charities have reported a great increase in the amount of tenants struggling to pay their rent over the last couple of years. Reports show that the amount of callers seeking debt advice in...
Ways to get out of debt without further credit
Posted by Sam Smith on 25th April 2012 to Debt News
In these tough financial times it is important to look at sensible ways in which to deal with debt. Many people look at further credit as the answer to their debt problems; however statistics show tha...
Cost of Motoring...
Posted by Vicky James on 18th April 2012 to Debt News
An increase in the cost of motoring could see more people seeking debt help in the UK. Figures by the RAC showed that motoring costs have risen at three times the rate of inflation, with many struggli...
Can't pay Credit Card Debt?
Posted by Vicky James on 16th April 2012 to Debt News
If you are worried about your credit card debts and find that you can’t meet monthly repayments, then you need to stop using your cards immediately. What can happen if you don’t pay you credit...
National minimum wage increase - is it enough?
Posted by Sam Smith on 13th April 2012 to Debt News
It has been announced this week that the national minimum wage is to rise by 11p to £6.19 in October for workers aged over 21. For workers aged between 16 and 20 the rate of pay will remain the same ...
Energy providers to advise best tariffs
Posted by Sam Smith on 11th April 2012 to Debt News
It has been announced today that Energy providers will have to advise their customers of the best tariff available to them which could save households up to £100 per year. The Deputy PM Nick Clegg a...
Drivers advised not panic buy petrol on credit
Posted by Sam Smith on 30th March 2012 to Debt News
The cabinet office minister Mr Francis Maude has been criticized for causing a petrol crisis following his recent announcement advising that drivers should fill up spare petrol cans with fuel in case ...
Struggling to pay rent
Posted by Sam Smith on 27th March 2012 to Debt News
A recent report has found that the amount of people privately renting is at its highest since the 1970s with forecasts predicting that this is unlikely to change in the near future. This is a result...
Young people needing debt help
Posted by Sam Smith on 20th March 2012 to Debt News
Reports released by the Office for National Statistics show that there has been an increase in the amount of 18-24 year olds that are unemployed and struggling to find work, with the figure standing a...
5 things you should never buy new
Posted by Vicky James on 16th March 2012 to Debt News
We were having a talk in the office about the costs of modern day life and brainstorming on ways that money could be saved. The main concern with everyone seems to be how much things cost. Not only ba...
Dealing with unemployment and debt problems
Posted by Vicky James on 14th March 2012 to Debt News
Becoming unemployed through redundancy or other circumstances can be a worrying time for anyone, with many unable to see how they are going to maintain living costs while they are waiting to gain furt...
Spring clean, earn extra money
Posted by Vicky James on 12th March 2012 to Debt News
With Spring approaching, many of us are compelled to a bit of spring cleaning, clearing out old unwanted items will not only de-clutter your home but it could also enable you to earn some extra money....
Have you been mis-sold PPI Insurance...
Posted by Sam Smith on 6th March 2012 to Debt News
The FSA has announced that it is ordering brokers, banks and insurers to write to 12 million customers who may have been mis-sold PPI Insurance to inform them that they may be due a payout. If this ca...
Increasing Child Care costs..
Posted by Vicky James on 29th February 2012 to Debt News
A recent survey has shown that for many working parents, their monthly child care costs are near to or above their monthly mortgage repayment. On average child care for under 2’s has seen a 5.8% ris...
Morrisons to cut fuel prices...
Posted by Sam Smith on 24th February 2012 to Debt News
Leading supermarket Morrisons has announced that it will cut off 15p per litre for its customers who spend more than £60 in store. This is the biggest UK discount on fuel and beats a similar incent...
Struggling with your weekly shop?
Posted by Sam Smith on 22nd February 2012 to Debt News
Research carried out by Asda has shown that 1 in 4 Mothers say that they have had to return items at the checkout due to the fact that they can’t afford them. Many said that they had bought own bran...
You don't have to let the Bailiffs in...
Posted by Vicky James on 20th February 2012 to Debt News
According to a new campaign launched by the Money Advice Trust, the tactics used by bailiffs has been reported as threatening and intimidating according to some consumers. With many of these consumers...
How to save money when you have none..
Posted by Vicky James on 13th February 2012 to Debt News
Those of us that have had long periods of overspending may find it hard to save, especially if there are outstanding debts to be paid. Therefore for some the idea of saving is easier said than done, h...
No money after payday?
Posted by Vicky James on 8th February 2012 to Debt News
A survey carried out by Halifax has revealed that 1 in 10 admit to being cash strapped with no money a week after payday. As a result many are left worrying about money for the remainder of the month ...
Cap on Payday Loans
Posted by Vicky James on 6th February 2012 to Debt News
Payday loan lenders Wonga have announced this week that they will sign an agreement to put a cap on how many times a borrower can defer payment to 3 months. Currently a borrower can defer payments on ...
Spending money on unused gym memberships
Posted by Sam Smith on 1st February 2012 to Debt News
Figures show that 77% of UK adults sign up for Gym memberships then fail to attend, with the average person wasting £303 per year totalling a massive £37 million waste by consumers on Gym membership...
Increase in Water bills
Posted by Sam Smith on 31st January 2012 to Debt News
It has been announced this week that April will see a rise in Water bills in order to fund the cost of a multibillion pound upgrade to the current dated infrastructure. Householders supplied by Sout...
Benefit from price cuts - read your meters
Posted by Sam Smith on 24th January 2012 to Debt News
It was announced last week that energy providers are cutting prices over the next couple of months, in line with falling wholesale prices. Although these cuts aren’t huge, it is good for bill payers...
Cut backs to pay priority bills
Posted by Sam Smith on 19th January 2012 to Debt News
A recent report by Shelter has shown that 1 in 5 people in the UK have made cut backs on spending on gas, electricity and food in order to cover priority bills, such as Mortgage or Rent, which is a 60...
EDF Energy Reduce Prices..
Posted by John Coulson on 11th January 2012 to Debt News
EDF Energy, the energy supplier who put their gas prices up by 15% in November have announced that they will be reducing their prices by 5% in February, advising that the reduction is reflective of fa...
HMRC Scam Warning
Posted by Sam Smith on 9th January 2012 to Debt News
HMRC have warned of a phishing scam that has gone viral on emails in the run up to the self assessment deadline of 31st January. The scam email advises tax payers that they are due a rebate, with a li...
Payday Loan Blues...
Posted by Sam Smith on 6th January 2012 to Debt News
A report following research carried out by ComRes on behalf of trade association R3 has revealed that 60% of those in receipt of a payday loan, regret taking the loan with many stating that taking the...
Top Ten Budgeting Tips for 2012
Posted by Vicky James on 29th December 2011 to Debt News
With the Christmas period nearly over, why not make it one of your New Years resolutions to keep an eye on your finances this year with a Budget Plan. This is a great way help you to stay on top of y...
Increase in Car Insurance Premiums
Posted by Sam Smith on 15th December 2011 to Debt News
You may have witnessed a massive increase in your car insurance this year as many insurers have increased their car insurance premiums by as much as 40% over the past year. This huge increase has hi...
Payday Loans - Cheaper Option?
Posted by Sam Smith on 13th December 2011 to Debt News
A report this week has shown that up to 2 million of us could be using payday loans to see us through until next payday. Payday loans are short term loans, offered to those who maybe struggling with t...
Low Incomes
Posted by John Coulson on 9th December 2011 to Debt News
A recent study has shown that many people’s incomes have hardly seen any improvement in over 30 years, with top earners incomes raising over four times as much as people working in middle and low in...
Working Women
Posted by Sam Smith on 6th December 2011 to Debt News
A report released this week has found that Women have been responsible for the rise in living standards within low to middle income families over the last 40 years. The research carried out by the I...
Rise in Fuel Poverty
Posted by Sam Smith on 2nd December 2011 to Debt News
The amount of people suffering fuel poverty in the UK has risen this year. To date 1 in 4 of us are struggling to keep up with fuel bills, comparable with 1 in 5 of us last year. Worryingly there are ...
Retailers benefit from Public Sector Strike
Posted by Sam Smith on 1st December 2011 to Debt News
Retailers saw an increase in sales yesterday due to the strikes within the public sector. Many consumers, notably those with children took advantage of having a mid week day off and decided to hit the...
6 Million Delay Retirement
Posted by Sam Smith on 25th November 2011 to Debt News
Over 6 million people over the age of 50 say that they will stay in work past retirement age because they cannot afford to retire and live of their current pensions. Over the last year alone the amoun...
Government Home Building Programme
Posted by Sam Smith on 22nd November 2011 to Debt News
Yesterday the 400m Get People Building Programme was launched, a new initiative to by the Government put in place to build more homes for those struggling to get on the property ladder. The scheme wil...
Young people needing debt help
Posted by Vicky James on 18th November 2011 to Debt News
Reports released by the Office for National Statistics this month show that there has been an increase in the amount of 18-24 year olds that are unemployed and struggling to find work, with the figure...
Lloyds TSB - educational finance site for children
Posted by Sam Smith on 15th November 2011 to Debt News
Lloyds TSB have developed an educational site in order to assist parents in educating their children about their finances. Along with the website there are a range of books designed to introduce chil...
Christmas Credit Card Debt
Posted by Sam Smith on 11th November 2011 to Debt News
Figures by moneysupermarket show that consumers could get themselves into long term credit card debt if they opt to put the cost of Christmas on their credit card. Based on a credit card debt of £5...
Homes Repossessed
Posted by Sam Smith on 4th November 2011 to Debt News
A report by Credit Action has shown that in Britain, homes are repossessed at a rate of 4 per minute. This is reflective of the amount of homeowners that are struggling with their debts and falling in...
Financial Management, start early
Posted by Sam Smith on 1st November 2011 to Debt News
A recent study by Clydesdale / Yorkshire bank has shown that 48% of parents believe that teaching their children about financial management is a necessity. Retail director for Clydesdale Bank Steve ...
Winter bills for Homeowners
Posted by Vicky James on 17th October 2011 to Debt News
Many homeowners could face repair bills this year due to the bad weather. Last years big freeze saw a great increase in the amount of homeowners needing their boilers and burst pipes repaired. A recen...
More tenants struggling to pay rent
Posted by Vicky James on 11th October 2011 to Debt News
National Debtline, the debt advice charity has reported a great increase in the amount of tenants struggling to pay their rent. It is reported that the amount of callers seeking debt advice has increa...
Struggling to pay water bills
Posted by Vicky James on 27th September 2011 to Debt News
A change in government policy means that water firms are now responsible for all the maintenance on repair of all private sewer pipes, previously responsibility fell on the person who owed the land th...
Rise in Unemployment..
Posted by Vicky James on 17th September 2011 to Debt News
A report by the ONS has revealed a significant rise in unemployment from 800,000 to 2.5 million in the three months leading up to July. This has undoubtedly had an effect on the sharp rise of people c...
