Borrowers 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…)
Credit 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…)
We successfully stopped an eviction this morning (14th November) in the Oldham County Court. (more…)
Credit Action are a national money education charity who collate and publish consumer debt statistics each month.
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The 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.
More 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…)
Borrowers with poor credit histories are in danger of having to pay £1000’s more to secure a mortgage as the backlash from America takes hold. (more…)
If you are having problems in repaying your loans and credit card debts, you are part of an ever growing group. Britain’s personal debt is increasing by £1 million every 4 minutes.
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There is little sympathy for the plight of Northern Rock from within the Debt Resolution industry as they have a policy of voting against IVA proposals. (more…)
There are genuine fears that although base rates are unchanged that mortgage rates may still have to rise.
Mortgage rates are set to rise as crisis grips the worlds financial markets, home owners have been warned. Economists fear that high street lenders will be forced to pass on higher interest charges to their customers. (more…)
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