Tag Archives | Debt Problems

credit file | credit report

The Definitive Guide To Understanding Your Credit File

Understanding Your Credit File. Your credit file is also known as a credit report or credit history. It is important that you understand what your credit file is all about. It can be hard to navigate the credit minefield, which is often littered with technical credit file terms and governed by rules that many of […]

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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 31% […]

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Can I take a payment break from my debt management plan?

Can I Take A Payment Break From My Debt Management Plan?

How To Take A Payment Break From My Debt Management Plan? If something prevented you from paying your debt management plan payments for a short period, you may be able to take a break while you try to get back on top of your finances. Can I take a break from my debt management plan? […]

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Government to Crackdown on the Credit Card Industry

It looks likely that the government will soon introduce legislation to crackdown on the credit card industry. Proposed legislation will hopefully put a stop to credit card companies increasing credit limits without a direct request from the customer. In the past credit card providers have increased the amount a client can borrow by just writing […]

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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 there […]

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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, not […]

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uk credit cards

Who Is Responsible for the Credit Card Debts?

Your Credit Card Explained When you applied for your first credit card you were probably offered a card with a £500 credit limit. Over time you found that your card provider increased your credit card limit many times. Often they increased your card without asking if you wanted an increase. After many years of using […]

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