Archives for 18 July 2007
IVAs ‘could triple by 2010′ for debt problem Brits
The number of Britons seeking individual voluntary arrangements (IVA) to tackle their debt problem could triple by 2010, it has been claimed.
Research conducted by the Manchester Business School found 13,000 couples applied for IVAs in England and Wales in 2006.
This represents a 165 per cent increase since 2004, the study found, while the researchers […]
Text banking ‘could offer debt management solution’
Banking by text message could offer a debt management solution, according to first direct.
The online financial services provider suggests that alerts for incidents such as going overdrawn or when a cheque is about to be paid could help accountholders to avoid incurring penalty charges.
And a spokesperson for the internet bank noted the immediacy with […]