An increasing number of West Cheshire residents have reportedly sought debt help for rent arrears in the last few months.
The West Cheshire Citizens Advice Bureau (CAB) reportedly that over the last three months, nearly 200 people had sought debt advice and help in relation to paying their rent. The average debt was around £900 [...]
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Rising rent debt problems reported in West Cheshire
4% rise in personal bankruptcy reported in Scotland
New data has revealed that the number of people facing personal bankruptcy in Scotland has risen by as much as 4 per cent in the last year.
The Accountant in Bankruptcy (AiB) published the figures, which showed that in the second quarter of 2011, there were a total of 5,378 personal bankruptcy cases reported. This [...]
Graduates come up with innovative way to tackle student debt problems
Two Cambridge graduates have come up with a very unique way of tackling their student debt problems – by selling their own faces as advertising space.
Ed Moyse, 22, and Ross Harper, 21, came up with the idea to paint their faces with advertising logos and slogans after they graduated. Looking at their student debts, [...]
Debt Management Provider of the Year – Finalist
We are proud to announce that MoneyPlus Group has been shortlisted for ‘Debt Management Provider of the Year‘ at the Insolvency & Rescue Awards 2011.
The awards recognise the achievement of UK firms in the IVA and Debt Management field, and MoneyPlus Group has reached the final four.
The award ceremony will be held on the 5th [...]
MoneyPlus Group joins forces with HomeLoan Partnership
One of the UK’s biggest debt management companies, MoneyPlus Group, has joined forces with leading mortgage advice network HomeLoan Partnership, in a deal that will provide their brokers across the UK with access to comprehensive, regulated debt management solutions.
Through adding MoneyPlus Group’s debt solutions to an established financial services portfolio, the network’s member firms are [...]
MoneyPlus Group welcomes OFT’s consultation to raise standards across debt management industry
MoneyPlus Group welcomed the Office of Fair Trading’s (OFT) revised debt management guidance, which was published yesterday for consultation and aims to raise standards across the debt advice sector.
This guidance update follows the OFT’s recent review of compliance in the sector (which exposed unfair practices within the industry and highlighted areas that could be improved), [...]
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Fund launched by National Lottery to help debt management problems
A new £30 million fund has been launched by the National Lottery with the aim of helping people from poorer areas with their debt management.
The fund will work alongside the Improving Financial Confidence programme, focusing on helping families living in social housing to steer clear of potential debt problems and manage better their money.
Working with [...]
Home repossessions rise as UK adults struggle with mortgage debt problems
According to latest official figures, the number of home repossessions in the UK has risen dramatically this year as an increased number of households struggle with their mortgage debt problems.
Recent figures revealed that in the first three months of this year a total of 9,100 people were evicted from their homes – a significant increase [...]
35 per cent of Brits neglecting their financial wellbeing
In a new study by Scottish Widows, a total of 17 million adults in the UK admit to neglecting their finances.
The second annual Scottish Widows Priorities of Life Index reveals that 35 per cent of all British people surveyed said that they couldn’t focus on their finances as much as they would like to.
Slightly over [...]
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