Monthly Archives: January 2015

Suffering A Post-Christmas Debt Crisis?

post christmas debts

Christmas is the season of goodwill and festive cheer – but it’s also the season of overspending. It’s all too easy to have a fantastic Christmas on credit…the hard part is paying it all off in the New Year! This article from debt advice specialists, Bankruptcy Clinic, will help you get back control of your… Read more »

Trouble Ahead When Interest Rates Rise

The Bank of England has said that half a million UK homeowners could struggle to keep up with their mortgage payments if interest rates start to rise. The base rate has now been at a record low of 0.5% since March 2009, to help debt-ridden consumers cope with the recession. However, now that economic recovery… Read more »

Quarter Of UK Credit Card Holders Having Payment Problems

A survey commissioned by the Debt Advisory Centre in November 2014 has found that almost 25% of credit card holders in the UK are finding it hard to make the minimum payments on their cards, or to pay anything at all. Carried out by OnePoll, the research involved 2,000 UK adults, including 636 Scottish residents…. Read more »

Festive Food Costs To Cause Debt Misery?

A debt advice charity has revealed that forking out for festive food could push a fifth of British consumers into the red this Christmas. In a recent survey, the Money Advice Trust (MAT) found that 21% of people polled were planning to use credit to fund their seasonal food shop, or had already done so…. Read more »

Insolvency And PPI Claims

If you’ve been mis-sold Payment Protection Insurance (PPI) with a loan or other form of credit in the past, then you’re entitled to claim it back. However, if you’re currently subject to a form of personal insolvency, things become a little more complicated. This article from debt advice experts Bankruptcy Clinic gives an overview of… Read more »