Archives for 7 March 2007
Rate Rise Could Spell Disaster For Indebted
A rise in interest rates “could spell disaster” for those having problems with their debts, according to latest research. Chiltern Debt Management has called on the monetary policy committee (MPC) to freeze rates at the current level of 5.25 per cent, stating that it saw the number of calls from people struggling with debts […]
Bailiff Laws Could Put Those In Debt At Greater Risk
Proposals for changes to the law on bailiffs could put those in debt at increased risk, according to Citizens Advice. The charity has warned that vulnerable people could be targeted as a result of a new bill including measures to give extra powers to all bailiffs. These include allowing bailiffs to force entry […]