Archives for 6 August 2007
Citizens Advice: Third increase in fuel debt problem
The debt problem associated with fuel poverty has increased by a third in the past year, it has been claimed.
Citizens Advice spokesperson Tony Herbert made the suggestion on BBC One’s Breakfast programme recently.
He told the show that his comments were based on figures obtained from Citizens Advice Bureaux around the country.
“In the latest stats that […]
Credit debt management ‘impacting mortgage repayments’
Poor credit debt management is causing many Britons to fall behind with their mortgage repayments, it has been claimed.
According to Michael Coogan, director general of the Council of Mortgage Lenders (CML), credit card debt could be to blame for consumers developing arrears which they otherwise could cope with.
He told BBC Radio 4’s PM programme: “Most […]
Comparing policies ‘could reduce debt problem’
Comparing premiums on a number of insurance policies could help Britons to tackle their debt problem, it has been advised.
Natasha Virtue, communications manager for Sainsbury’s Bank, claims that insurance premiums quoted online can often be lowered by shopping around.
“I think it’s a highly competitive market at the moment,” she explains.
“We’re actually encouraging people to seek […]
Clearing garages ‘could offer debt management solution’
Clearing space in garages could provide a debt management solution by reducing car insurance premiums, it has been advised.
Graeme Trudgill, technical services manager at the British Insurance Brokers’ Association, suggests that storing a vehicle securely could see many Britons obtain a reduction on their policy costs.
Meanwhile, parking in a driveway - rather than on the […]