On 3rd December 2009 it was reported to us that a website with the address www.moneyplus.biz was trading as an FSA regulated online investment company, furthermore it was reported that they were doing so under our company details. On investigation, it was instantly clear that they were falsely using our details.
Whilst they have now, due [...]
Giving our clients a better deal
Category Archives: Company News
MoneyPlus.biz is not associated with MoneyPlus Group
New Website
We have launched a new corporate website today. The site is for companies who would like to get in touch regarding partnership opportunities.
Low paid increased risk of homelessness
Lower paid workers have an increased risk of homelessness and are in danger of being sucked into poverty, according to a leading think tank.
Findings from the Resolution Foundation have shown that almost one in four of the 14.3 million households receiving low pay are in danger of being sucked into poverty.
Their findings revealed that around [...]
Credit card debts set to soar
The debt problems of many credit card customers looks set increase, according to a leading accountancy firm.
PricewaterhouseCoopers (PWC) published a report that predicts that “bad debts” will make up as much as 9 per cent of all outstanding credit card debts by the end of next year.
The number of bad debts already stand at historic [...]
Insolvencies hit record high
As unemployment and debt problems have worsened throughout 2009, the number of people struggling to manage their finances has risen dramatically ñ reflected in the latest insolvency figures released today.
According to figures released by the Insolvency Service, personal insolvencies in England and Wales were up by 28.3 per cent over the last twelve months.
During the [...]
Consumer confidence up despite rise in debt enquiries
Consumer confidence in the UK has risen to the highest level in 2 years, as green shoots reveal the start to an economic recovery, despite enquiries for debt help increasing.
Consumer optimism leaped to its highest level since January 2008 in a European Commission consumer confidence index.
The report produced by GfK NOP showed that consumers thought [...]
Government attempts to stop spiralling credit card debts
In an effort to stop credit card debts spiralling out of control, the government has recommended guidelines including measures such as card holders doubling their monthly payments.
This week, consumer affairs minister Kevin Brennan is due to announce the results from his research into credit and store card practices, and it is anticipated that featured prominently [...]
Moneysupermarket announces DEMSA backing
Impartial financial giant moneysupermarket.com announced today that it is taking active steps to protect consumers in financial difficulty by listing only DEMSA (Debt Managers Standards Association) accredited companies on its site.
The steps mean that only companies that meet DEMSA’s OFT approved code will be allowed to appear on moneysupermarket.com.
The comparison site has given reassurance to [...]
DEMSA achieves OFT approval
The Debt Managers Standards Association (DEMSA) has finally achieved OFT code approval in November of this year. DEMSA had expected to receive code approval in the summer of 2007, however the greater emphasis on debt management in the market place and the growing importance of IVA plans prompted the OFT to review their Code Approval [...]