Credit Action are a national money education charity who collate and publish consumer debt statistics each month. (more…)
Archive for the ‘Debt in the News’ Category
March 2007 Statistics From Credit Action Show 9.1% increase in personal debt
Monday, March 3rd, 2008Credit Card Companies Prefer Customers With Debts.
Thursday, February 14th, 2008Credit Card Companies may be cancelling cards from reliable customers and offering them to riskier ones to boost their profits, suggests Chairman of the treasury select committee, John McFall (more…)
Biased Debt Advice From The CCCS?
Thursday, January 24th, 2008The Consumer Credit Counselling service uses its charity status to boost its claim to be champion of the struggling debtor, but is the advice it gives always the best advice?
Debt Management The Only Way Out Of Debt As Credit Crunch Bites
Monday, December 3rd, 2007The cost of borrowing and number of rejected loans and credit applications is on the rise, while the number of companies willing to lend money is on the decline. (more…)
Mortgage lenders warned about ‘Bullying’ by Judge
Monday, November 26th, 2007Borrowers shouldn’t be bullied into repaying mortgage arrears too quickly, says a senior judge. You can go to to court and win permission to repay over a much longer period of time. (more…)
Debt Jugglers start to feel squeeze
Thursday, November 15th, 2007Credit card “rate tarts” who rely on being able to shift their debts on to a succession of temporary interest-free deals could struggle to get accepted for a new card as the credit crunch hits plastic, say experts. (more…)
Abacus Stop Repossession of Client’s Home.
Wednesday, November 14th, 2007We successfully stopped an eviction this morning (14th November) in the Oldham County Court. (more…)
Credit Action Debt Stats for Nov 2007
Monday, November 5th, 2007Credit Action are a national money education charity who collate and publish consumer debt statistics each month.
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Home repossessions to rise to 45,000 in 2008
Thursday, November 1st, 2007The number of property repossessions is likely to soar next year as the end of the decade-long house price boom brings pain to overstretched borrowers, the country’s mortgage lenders said yesterday.
One Million householders use credit card to pay mortgage.
Wednesday, October 17th, 2007More than a million householders have used credit cards to pay their mortgage or rent in the past 12 months, according to a new survey published by ROOF, Shelter’s housing and homelessness magazine. (more…)
