Here are some of the most common reasons people get into debt, with some hints and steps you can take quickly to try to improve your situation. 1. Unemployment and Redundancy If you suddenly lose your job and all your income it is important to act fast to try and ease the situation. ... read more

The Shrewsbury Chronicle recently reported that Shrewsbury is on the brink of a debt crisis.  Numerous debt agencies are already working to maximum capacity and one has seen a 100% rise in calls since January.  It was also reported from the national debt advice charity, Consumer... read more

This week, the Governor of the Bank of England, Sir Mervyn King, has said that in his opinion fears of a wave of home repossessions have been overstated as UK interest rates are set to remain low. He made the statement in response to recent comments made by the head of UKAR (UK Asset... read more

There are further bad times on our high streets this week with the news that some big names such as Jane Norman, Habitat and JT Hughes have all gone into administration.  Other big names such as HMV, Thorntons and Carpet Right have all said that they intend to close a large number of... read more

For some time, there has been concern over how some debt management companies have not always been looking after the best interests of their clients.  The Office of Fair Trading’s guidance on debt management was first published  back in 2001 and further updated in 2008.  However,... read more