IVA Hot Topics
Regular updates on IVAs and debt matters from our experts
Borrowers Using IVAs to Stop Reposession
Insolvency practitioner Phillip Allen, managing director of Debt Lifeboat, says many home owners are looking towards IVAs as a way of avoiding repossession. Read more...
Study Your Finances at University
Lenders love students. They know that most will be managing their finances for the first time, usually living at home without mum to keep an eye on them, and crucially they know that it’s normal for the average student to slip into debt, meaning millions of pounds in interest and fees is paid back every year. With the right advice you can make sure that your three years at University don’t cause you financial problems for the rest of your life. Read more...
No More Bank of Mum and Dad
Relying on the 'Bank of Mum and Dad' for major purchases has long been a popular way of avoiding high-interest loans and credit cards. Read more...
More people seeking debt advice
A survey has revealed a 35% rise in the number of queries regarding mortgage repayments when compared to last year. A similar increase has been seen in relation to the rising cost of household bills. Read more...
Debts continue to increase in 2008
Figures from debt advice charity, Credit Action, show the total amount of personal debt in the UK continues to rise. At the end of January 2008, personal debt now stands at £1,412billion, a rise of 9.1%. Read more...
