Loan News
Bailing out the Bank of Mum and Dad
Thirty one per cent of parents borrowed money from their kids at least once during 2009, according to research from personal finance product comparison website, money.co.uk.
Money Week – Increase your personal finance knowledge
The UK's leading debt charity, Consumer Credit Counselling Service (CCCS), is urging people to spend time filling the gaps in their personal finance knowledge during the National Skills Academy Financial Services' (NSAFS) Money Week.
Debt charity identifies insolvency gender divide
Men are more likely to become insolvent than women according to Consumer Credit Counselling Service (CCCS), the UK's leading debt charity.
2010 - Is debt on the rise again?
The latest 'Lending to Individuals' figures from the Bank of England revealed an increase in 'net lending' in the first month of the year.
CCCS offers free debt advice and support
As research published by comparison website moneysupermarket.com has found that ten percent of British adults live on their overdraft, a leading debt charity is calling on anyone who is permanently in their overdraft to seek help.
Citizens Advice Bureaux helps record numbers with debt problems
The continuing impact of the recession is driving record numbers of people to seek help from Citizens Advice Bureaux with debt, benefit, employment and housing problems.
Christmas spending prompts sharp rise in retail instalment credit
Store instalment credit rose sharply in December as savvy consumers looked to use credit sensibly to meet specific purchase needs.
Record insolvencies just the tip of the debt iceberg
The latest insolvency figures, showing record insolvencies in 2009, are just the tip of the personal debt iceberg, according to insolvency trade body R3.
CCCS meets rising demand for help with debt
Leading debt charity Consumer Credit Counselling Service (CCCS) has supported warnings by price comparison website moneysupermarket.com about fee charging debt management companies that take several monthly payments as an up front fee before creditors receive any money.
How to make a PPI claim
Have you taken out a loan or credit card from a bank or building society? Are you one of the 2 million people who have been sold insurance they don't need and can't use? You may have been recommended to take out something called Payment Protection Insurance (PPI). It helps borrowers to meet the repayments of a loan if they are unable to keep up repayments due to accident, sickness or unemployment.
moneysupermarket.com's guide to debt management
Although the UK officially came out of recession last week the hangover from the impact of unemployment, the high level of personal debt, and the prospect of rising interest rates will drive an increase in the number of people taking out a debt management plan in 2010, according to moneysupermarket.com's debt expert.
The true cost of loan sharks
Over 100,000 UK families turned to loan sharks over the festive period to ensure they had enough cash to cover the costs of presents and all the trimmings, a new report claims.
Mortgage lending strengthened slightly in December
Mortgage lending strengthened slightly in December, with gross lending inflated by some borrowers pushing through purchases ahead of the end of stamp duty relief, according to the British Bankers’ Association (BBA).
CCCS launches Equity Release to help older debtors
Older debtors can now receive direct help from the Consumer Credit Counselling Service (CCCS), the UK's leading debt charity, which is launching a new subsidiary offering equity release without fees to clients in need.
Increasing debt levels forces parents back to work
The amount of debt amongst parents with dependent kids is increasing dramatically so giving up work to care for children is just not an option for many parents.