Archive for the ‘Debt’ Category
Tuesday, October 21st, 2008
UK Prime minister or (Sub Prime minister as he was called this week), Gordon Brown and his bushy eyebrowed sidekick the UK Chancellor Alistair Darling are to bring forward projects and spend the UK out of recession, they are planning to build more roads, schools and hospitals to get the ...
Posted in Credit crunch, Debt | 2 Comments »
Sunday, October 19th, 2008
Most of us are struggling to balance our finances at the moment, so here are ten tips for coping with debt.
Don’t ignore the situation – write down how much you owe and to whom. Add in all monthly repayments and then work out how much you need for food and ...
Posted in Debt | 1 Comment »
Wednesday, October 8th, 2008
In these days of the credit crunch a lot of people are struggling financially, many may evan face losing their homes, some may be considering bankruptcy but bankruptcy does'nt mean your some kind of social outcast.
Having money troubles now is not the end of the world, even banks are going ...
Posted in Debt, Personal Finance | 1 Comment »
Friday, October 3rd, 2008
In these days of the credit crunch, global financial crisis whatever you want to call it debt is a huge problem. I don't think those with debt problems have just themselves to blame however, western society has seemed to be credit crazy over the last few years.
Many people took ...
Posted in Debt | No Comments »
Wednesday, October 1st, 2008
[caption id="attachment_115" align="alignleft" width="300" caption="What will you get this christmas?"][/caption]
Several reports recently have shown that many UK families are planning on spending a lot less this Christmas than they normally would.
Half of Britons are dreading the run-up to Christmas and many are planning to cut back not only on presents ...
Posted in Credit crunch, Debt | 2 Comments »
Thursday, September 18th, 2008
When your struggling with debts its hard to ask for help, many people in debt feel quite ashamed they think people will look at them like they've been greedily buying everything they can get their hands on.
Debt is a common problem in todays society UK Consumer debt totals £1.5 trillion ...
Posted in Credit crunch, Debt, Personal Finance | No Comments »
Tuesday, September 9th, 2008
The recent death by suicide of a father of two, Karl Harrison, aged 40, is being blamed on the credit crunch.
Harrison of Amlwch, North Wales, fell into arrears on his mortgage and council tax and was frantically worried that he would lose his family home.
It was stated at an inquest ...
Posted in Credit crunch, Debt | No Comments »
Saturday, September 6th, 2008
The Credit Crunch is a long way from over yet, household and personal finances are set to suffer a lot more strain. If some analysts are correct The Credit Crunch is going to last at least another 18 Months.
One part of your finances that you could probably save money on is credit cards. ...
Posted in Debt, Personal Finance | No Comments »
Sunday, August 31st, 2008
Research from leading accountants Grant Thornton has shown that the total amount owed by UK consumers in the form of mortgages, loans and credit cards has increased by 7.3% in the 6 months preceeding June. The figure now stands at nearly £1.5 trillion.
During the same six months, the UK's Gross Domestic Product (GDP) only increased by ...
Posted in Credit crunch, Debt | No Comments »
Wednesday, August 27th, 2008
Some UK credit card companies are said to be ‘hounding’ nearly 1.8m responsible customers in the last year in order to force them to give up their cards.
The customers targeted are those who always pay their credit card bills on time, but who are not generating the card companies any ...
Posted in Banking, Credit crunch, Debt, Personal Finance | No Comments »