money debt and credit advice
If you’re struggling with debt the best advice is free online
Has your purse taken a pounding over the last couple of weeks? Here’s our selection of websites to lend an online hand:
cccs.co.uk
The free “debt remedy” at the Consumer Credit Counselling Service is a top-notch dose of online medicine for anyone whose finances are groaning under the weight of debts. Click on the “Complete [...]
Small business: Freeze on credit condemns start-ups to despair
Late last year, Dot Net Solutions, a small business in Windsor, applied for a £100,000 loan at Barclays bank through the government’s small firms loan guarantee scheme. It was turned down, as it had been when the firm applied to NatWest, Lloyds TSB and RBS before it.
Under the scheme, designed to help lending to young [...]
Emma Lunn offers tips for avoiding your own personal financial crisis this year
Whew, what a year! For many people, 2008 was probably their most financially challenging year ever, and amid apocalyptic predictions this week of a “winter surge” of redundancies and further sharp falls in house prices, all the signs are that we could be set for an even bumpier ride this year.
It is easy to feel [...]
Personal insolvencies set to soar to 50% in 2009
The number of people unable to cope with their levels of debt is expected to soar to record levels in 2009, an accountancy firm said today.
According to KPMG, in 2009 a record 150,000 people are expected to file for bankruptcy, enter into individual voluntary arrangements (IVA) or make use of a new debt relief order.
KPMG’s [...]
Money news: A round-up of this year’s most-read stories
What a year it has been. This time last year few people would have predicted the demise of Icesave and Bradford & Bingley, the near collapse of Halifax and November’s 1.5% cut in the Bank of England base rate. True, the term credit crunch was already common currency, and the property market was on the [...]
Asda hails frugal age
ANDY BOND used to talk about his desire to end the perception that Asda was the supermarket for those with few choices other than to shop there.
Carmakers should not be expecting an easy ride
THE US carmakers won a $17 billion reprieve from the White House on Friday but the spectre of bankruptcy still hovers above them.
Talks on rescue for car firms
THE Government is drawing up a package of measures to help the UK’s carmakers this weekend after America’s biggest auto firms were given an £11.3 billion lifeline.
Take a stand if you were sold dud loan cover
CONSUMERS mis-sold payment protection insurance are being urged to claim compensation from their lenders.
‘Power firms fail to offer cheap energy to poorest’
Energy companies are not doing enough to help their poorest customers meet spiralling gas and electricity bills, say campaigners.
