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Posts Tagged ‘ Bankruptcy ’

Credit Score Report | What Is Fact and What Is A Credit Report Myth?

Credit Score Report | What Is Fact and What Is A Credit Report Myth?

My Credit Score Report My Credit Score Report – Talk Money Blog’s Money Saving Advice suggests that if you still believe that eating crusts will make your hair curl and that elephants are afraid of mice, you might also Continue Reading as you might also be clinging to some myth about your credit score...
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Credit File | The Ultimate Guide to your credit report

Credit File | The Ultimate Guide to your credit report

Understanding Your Credit File Here are some money tips that suggest your credit file rating could suffer as a result if you not understand what credit file terms are all about. It can be hard to navigate the credit minefield, which is littered with technical credit file terms and governed by rules that many...
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Credit Card Debts – Are You Struggling To Pay Your Credit Cards

Credit Card Debts – Are You Struggling To Pay Your Credit Cards

More People Are Struggling To Pay Off Their Credit Card Debts Today more people are struggling to pay off their credit card debts each month when faced with which bills to pay first. According to Credit Action almost sixty-six percent of Britons had seen their finances stretched by the current recession. It seems that...
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Four ways to help you get out of Debt | Debt Management

Four ways to help you get out of Debt | Debt Management

The United Kingdom personal debt today stands at £1,458 billion and the government intend to increase their debt to £175 billion this year and similar figures for the next three years. The latest figures available from Credit Action this month suggests that the average household debt is £59,765 including mortgages, £1.02 billion will be...
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Are your debts out of control? Don’t ignore the warning signs

Are your debts out of control? Don’t ignore the warning signs

If you developed a strange rash that just wouldn’t go away, you’d visit your doctor – but it’s amazing how many people who listen to health warnings don’t do the same when it comes to wealth warnings. Now more than ever, it’s crucial to monitor your debt levels to prevent a slide into the...
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FSA reports a 31% surge in Mortgage Arrears

FSA reports a 31% surge in Mortgage Arrears

According to a recently published article by the Financial Services Authority (FSA) on the latest mortgage lending statistic they reported a sharp surge in mortgage arrears. With borrowers continuing to struggle to clear their mortgage arrears, the numbers of arrears have been progressively increasing since the beginning of 2007. By the end of 2008...
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There is life after a bankruptcy or an IVA

There is life after a bankruptcy or an IVA

The Story So Far! It is reported today that 29,444 people in England and Wales declared themselves insolvent in the last quarter of 2008; this is an 18.5% increase for the same period in 2007. About 2/3rds of these people some 19,100 declared themselves bankrupt during this period; this is a record number of...
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The collapse of AIG and its impact on the Mortgage and Banking System

The collapse of AIG and its impact on the Mortgage and Banking System

Most people have no real understanding of the impact of the American Insurance Group or AIG on the mortgage market and the global banking system and how close we came to Financial Armageddon. All of a sudden the dominoes started to fall and the Federal Reserve Bank of America started to pick and choose...
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Do Debt Management Advisors bite?

Do Debt Management Advisors bite?

We are generally apprehensive of the unknown and this is true of contacting debt Management organisations as we don’t know what to expect. When you have made contact with a Debt Management charity you should then be put through to a debt management advisor. The debt advisor will assess your current personal financial situation...
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Age of Responsibility

Age of Responsibility

We are getting a raw deal. It seems that the banks have succeeded in socialising their bad debt and poor management ability on the backs of ordinary working people and in the process they have now thrown us head long into spiralling unemployment, rising food and utility costs, along with a future of uncertainty,...
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