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	<title>Daily Debt Advice by Abacus Finance</title>
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	<description>Money Saving and Debt Advice Tips.</description>
	<pubDate>Mon, 06 Feb 2012 12:06:34 +0000</pubDate>
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		<title>Bank lending tipped to fall</title>
		<link>http://www.abacusfinance.co.uk/debtadvice/bank-lending-tipped-to-fall/</link>
		<comments>http://www.abacusfinance.co.uk/debtadvice/bank-lending-tipped-to-fall/#comments</comments>
		<pubDate>Mon, 06 Feb 2012 12:06:34 +0000</pubDate>
		<dc:creator>Peter Kelly</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

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		<description><![CDATA[Total loans issued by banks will contract by 2.2 per cent this year, according to a prediction from The Ernst &#38; Young ITEM Club.
 In its latest Outlook for Financial Services report, the economic group also suggested that more people could require debt help as credit shortages &#34;pose more problems this year for businesses and [...]]]></description>
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		<title>IVA use remains static</title>
		<link>http://www.abacusfinance.co.uk/debtadvice/iva-use-remains-static/</link>
		<comments>http://www.abacusfinance.co.uk/debtadvice/iva-use-remains-static/#comments</comments>
		<pubDate>Fri, 03 Feb 2012 11:58:27 +0000</pubDate>
		<dc:creator>Peter Kelly</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

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		<description><![CDATA[The number of individual voluntary arrangements (IVAs) taken out by consumers struggling with debt remained almost exactly the same in the final quarter of 2011 as it did in the previous three months.
 Insolvency Service figures showed 13,047 IVAs were agreed in the period, just one less than in the three months to September.
Yet at [...]]]></description>
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		<title>Insolvency levels &#8217;still over 300 a day&#8217;</title>
		<link>http://www.abacusfinance.co.uk/debtadvice/insolvency-levels-still-over-300-a-day/</link>
		<comments>http://www.abacusfinance.co.uk/debtadvice/insolvency-levels-still-over-300-a-day/#comments</comments>
		<pubDate>Thu, 02 Feb 2012 12:18:34 +0000</pubDate>
		<dc:creator>Peter Kelly</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

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		<description><![CDATA[Many consumers could still be seeking individual voluntary arrangements (IVAs) as new figures show hundreds of personal insolvencies are occurring daily.
Data supplied by Credit Action has indicated 331 people are made insolvent or bankrupt each day, showing that the problems of unpayable debt are still affecting large numbers of people.
Indeed, the statistics showed Citizens Advice [...]]]></description>
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		<title>Water debts &#8217;soaring&#8217;</title>
		<link>http://www.abacusfinance.co.uk/debtadvice/water-debts-soaring/</link>
		<comments>http://www.abacusfinance.co.uk/debtadvice/water-debts-soaring/#comments</comments>
		<pubDate>Wed, 01 Feb 2012 12:21:59 +0000</pubDate>
		<dc:creator>Peter Kelly</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

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		<description><![CDATA[An increasing number of consumers are in debt to water companies as they fall behind with bills, new research has found.
The Money Advice Trust has revealed its National Debtline took 32 per cent more calls on this particular issue in 2011 (16,226) than it did in 2010 (12,267), with the overall figure having grown by [...]]]></description>
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		<title>Consumers told to cut debt ahead of rate hikes</title>
		<link>http://www.abacusfinance.co.uk/debtadvice/consumers-told-to-cut-debt-ahead-of-rate-hikes/</link>
		<comments>http://www.abacusfinance.co.uk/debtadvice/consumers-told-to-cut-debt-ahead-of-rate-hikes/#comments</comments>
		<pubDate>Tue, 31 Jan 2012 12:32:52 +0000</pubDate>
		<dc:creator>Peter Kelly</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

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		<description><![CDATA[Consumers have been advised that they should take any opportunity they have to cut down their debt levels ahead of any increase in interest rates.
 Commenting on the issue, managing director at moneymaxim.co.uk Mark Bower said: &#34;For those who do have savings we are recommending they consider reducing their current borrowing levels ahead of any [...]]]></description>
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		<title>Mortgage holders &#8217;saving rather than paying off debts&#8217;</title>
		<link>http://www.abacusfinance.co.uk/debtadvice/mortgage-holders-saving-rather-than-paying-off-debts/</link>
		<comments>http://www.abacusfinance.co.uk/debtadvice/mortgage-holders-saving-rather-than-paying-off-debts/#comments</comments>
		<pubDate>Mon, 30 Jan 2012 12:00:13 +0000</pubDate>
		<dc:creator>Peter Kelly</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

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		<description><![CDATA[Millions of mortgage holders are saving up any spare cash they have, instead of using it to pay off their mortgages early.
 This was the finding of a survey by First Direct, which revealed 42 per cent of mortgage holders are saving regularly, while just 21 per cent are paying extra off their home loans.
 [...]]]></description>
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		<title>Debt repayment among leading money worries</title>
		<link>http://www.abacusfinance.co.uk/debtadvice/debt-repayment-among-leading-money-worries/</link>
		<comments>http://www.abacusfinance.co.uk/debtadvice/debt-repayment-among-leading-money-worries/#comments</comments>
		<pubDate>Wed, 25 Jan 2012 11:19:19 +0000</pubDate>
		<dc:creator>Peter Kelly</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

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		<description><![CDATA[Not being able to pay off debts is one of the top financial fears facing Brits this year, according to new research from MoneySupermarket.
 The price comparison site discovered 11 per cent of respondents to its survey are concerned about debt repayment, meaning it is a greater concern than rising transport costs (seven per cent), [...]]]></description>
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		<title>Debt to get worse if benefits bill still passes?</title>
		<link>http://www.abacusfinance.co.uk/debtadvice/debt-to-get-worse-if-benefits-bill-still-passes/</link>
		<comments>http://www.abacusfinance.co.uk/debtadvice/debt-to-get-worse-if-benefits-bill-still-passes/#comments</comments>
		<pubDate>Tue, 24 Jan 2012 11:45:24 +0000</pubDate>
		<dc:creator>Peter Kelly</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

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		<description><![CDATA[The controversial plan to cap benefits has been defeated in the House of Lords but the government has vowed to fight on in attempting to get the legislation approved.
 A bishop&#39;s amendment that child benefits should not be included in the &#163;26,000 per year cap was supported by crossbench, Labour and Liberal Democrat peers by [...]]]></description>
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		<title>Debt strain may rise as insurance premiums</title>
		<link>http://www.abacusfinance.co.uk/debtadvice/debt-strain-may-rise-as-insurance-premiums/</link>
		<comments>http://www.abacusfinance.co.uk/debtadvice/debt-strain-may-rise-as-insurance-premiums/#comments</comments>
		<pubDate>Mon, 23 Jan 2012 12:16:45 +0000</pubDate>
		<dc:creator>Peter Kelly</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

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		<description><![CDATA[Homeowners struggling to pay off debt and potentially facing difficulties with their mortgage repayments might be left facing further financial strain as home insurance premiums increase this year.
Such a development has been predicted by John Portwood, personal lines insurance broker at Portwood &#38; Co.
He said upgrading in line with inflation will be one cause of [...]]]></description>
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		<title>Unemployment up again</title>
		<link>http://www.abacusfinance.co.uk/debtadvice/unemployment-up-again/</link>
		<comments>http://www.abacusfinance.co.uk/debtadvice/unemployment-up-again/#comments</comments>
		<pubDate>Wed, 18 Jan 2012 12:32:36 +0000</pubDate>
		<dc:creator>Peter Kelly</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

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		<description><![CDATA[UK unemployment has risen again, which could leave many more people struggling to pay off their credit card debts and other borrowing.
 Official figures published today (January 18th) by the Office for National Statistics have revealed the number out of work rose by 118,000 in the three months to November 2011, increasing from 8.1 per [...]]]></description>
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