Fall in bankruptcies hides rise in personal debt

Friday, May 11th, 2012

There was a fall in the number of people going bankrupt in the first quarter of 2012 but more people are experiencing debt problems and many are simply unable to afford the £700 bankruptcy fee. According to the latest figures from the Insolvency Service, 28,723 individuals in ...

Banks Or Mortgage Brokers Is Todays Loan Question

Friday, May 4th, 2012

Banks or mortgage brokers is the home loan question, which should you choose? What is the difference? Which one will provide you with the best deal? When our parents and grand parents had to get a home loan they were far more restricted on the options they had. They ...

Three Crucial Questions College Students Have About Credit — Answered!

Sunday, April 15th, 2012

All too often college students unintentionally destroy their credit with irresponsible spending habits. As a recent college graduate, I know that credit is, unfortunately, something most college students know little about. Even though many students might not be particularly interested in the topic, they should still have the answers to ...

OFT updates guidelines for debt management firms

Sunday, April 8th, 2012

The Office of Fair Trading (OFT) has today published new guidelines for firms offering debt management advice or credit repair services to consumers. Complaints about debt management firms have increased significantly in recent years; 546 complaints were made to the Financial Ombudsman Service last year compared with 463 ...

Doomsday Survey: 51% of Americans Believe a Financial Collapse Is Imminent; 85% Say Country Is Overwhelmingly Under-Prepared

Sunday, March 18th, 2012

A recent survey of 1,007 nationally representative Americans ages 18 and over suggests that most of us believe a doomsday scenario of some kind will occur in the next twenty five years. With three million preppers in the U.S. getting ready for widespread disaster, gun sales sky rocketing, ...