The government has announced a seven-point plan to stamp out rogue bailiffs who are too aggressive with people who owe money. The Ministry of Justice intends to pass new laws that allow bailiffs to carry on collecting fi… [More]

The government has announced a seven-point plan to stamp out rogue bailiffs who are too aggressive with people who owe money. The Ministry of Justice intends to pass new laws that allow bailiffs to carry on collecting fi… [More]

Seven out of 10 families are teetering on the edge of financial oblivion has debts and rising living costs threaten to overwhelm them, claims a survey of mums. One in five mothers regularly skips meals so their children… [More]

Personal loans are booming as thousands of households try to cut the cost of borrowing by consolidating debts. One lender reckons that one in three new personal loans will be spent on repaying other borrowings. That a… [More]

Falling inflation is good new for households struggling to meet their bills – but the worry for many is it’s too little, too late to make much of a difference. The Bank of England announced inflation fell to 3.6% … [More]

Repossessions may be at their lowest level for four years, but 100 people still lost their homes every day last year. The Council of Mortgage Lenders confirmed 36,200 homes were repossessed last year – the lowest annual… [More]

Some of the jargon and legal meanings involved in debts and insolvency are confusing to many borrowers. Here’s a quick guide to what some of the most common terms mean: • IVA – this stands for ‘in… [More]

Borrowing on credit cards may have gone down – but the average family will still take at least 20 years to clear their unsecured loans and cards. The latest figures from accounting and finance PricewaterhouseCooper… [More]

Fewer people were declared insolvent in England and Wales during 2011 than the previous year, even though personal insolvencies hit a higher level than before the credit crunch. Overall numbers were down 11.3% to 119,85… [More]