Archives for 10 October 2007
‘Debt risk’ from unregistered banks
Article Category: Debt Management Help and Advice
Banks which are not registered with the Financial Services Authority (FSA) could put accountholders’ money at risk, it has been warned.
Individuals looking to protect the funds in their account are advised to ensure their bank is registered with the industry body.
Brian Capon, spokesperson for UK payments association Apacs, adds […]
Buying a house ‘has extra costs’
Article Category: Debt Consolidation Help and Advice
There are more costs relating to purchasing a property than the price of the house itself, it has been warned.
According to the Association of Residential Lettings Agents (Arla), many Britons are faced with outlays beyond the cost of the house itself, putting them at risk of adding to their […]
Sales figures ‘indicate debt concerns’
Article Category: Debt Management Help and Advice
Britons are growing concerned about their debt levels, it has been suggested.
Howard Archer, chief UK and European economist at Global Insight, advises that debt worries result in decreased expenditure on the part of consumers.
This can be observed in the form of a greater number of promotional offers put in […]
Tax credits ‘worsen personal debt’
Article Category: Debt Management Help and Advice
Poor administration of the tax credits scheme has actually worsened personal debt for many Britons, it has emerged.
A survey conducted by Citizens Advice reveals that 80 per cent of tax credits recipients have been overpaid.
Some 70 per cent claimed that repaying the surplus had seen their family face financial […]