‘Debt’ Category

Getting your pension requires complex understanding

Posted in Debt, Money Saving on Tuesday, May 22nd, 2012 at 11:54 by Martyn Shaw.

Pensions have taken a turn where they may not be at the best savings rate right now.

Poorest families in debt

Posted in Debt on Tuesday, May 15th, 2012 at 11:50 by Martyn Shaw.

A financial report has stated 10% of UK households are outspending their incomes.

Britons growing more cautious of debt

Posted in Debt, General on Tuesday, April 17th, 2012 at 11:30 by Martyn Shaw.

Insurance firm Bright Grey has released their annual “Financial Safety Net” report, revealing that Britons are beginning to become more aware of the importance of effective debt management.

British families struggling to make debt repayments

Posted in Debt on Tuesday, February 28th, 2012 at 13:18 by Jessica Haynes.

According to the Consumer Credit Counselling Service, debt levels in the UK are having an adverse effect on families, consuming nearly one-fourth of income left over once a family has paid its regular monthly bills.

FSA Revises Plans to Limit Mortgage Availability

Posted in Debt, Mortgages & Property on Tuesday, December 20th, 2011 at 12:02 by Martyn Shaw.

In a move welcomed by many homeowners and prospective home buyers in the UK, the Financial Services Authority has backed away from proposed requirements that many feared would negatively impact the ability of many Britons to obtain mortgages.  The FSA’s plans as originally proposed could have eliminated interest-only mortgages completely and would also have made [...]

Balancing Debt Retirement with Saving

Posted in Debt, General, Money Saving on Wednesday, September 29th, 2010 at 10:27 by Martyn Shaw.


As households continue to recover from the effects of the recession, there is often the question of how to go about becoming more financially stable. Some believe that paying off debt as soon as possible is the best approach. Others place emphasis on creating savings, pensions, and other financial nest eggs. The truth is that pursuing both goals concurrently will produce the best results.

Keeping Your Financial Momentum in a Sluggish Economy

Posted in Debt, General, Money Saving on Monday, September 27th, 2010 at 09:52 by Jessica Haynes.


Concerns that a combination of government cutbacks and slow growth the economy have some analysts speculating that the United Kingdom may experience another round of recession as soon as next year. For those who weathered the last difficult period and have begun to recover, the prospect is particularly unappealing. Fortunately, there are ways to prepare and at least minimise the difficulty if the worst does come to pass.

Ways to Improve Your Credit Rating

Posted in Debt, General, Loans on Friday, September 24th, 2010 at 10:24 by Jessica Haynes.


Many consumers have welcomed news that the government is implementing a new lending option to aid households with sup-par credit or low income to obtain loans at equitable rates. While the programme will help many people, it should not replace the necessity of doing what one can to improve low credit ratings. Here are a couple of steps that will help.

Dealing With Overwhelming Debt

Posted in Credit Crunch, Debt, General on Thursday, August 12th, 2010 at 10:40 by Martyn Shaw.


While some households have been able to recover financially from the ill effects of the recession, others are still floundering in spite of their best efforts to trim expenses and pay off back debt. If you are in this situation, there are several options to consider.

How to Make Ends Meet

Posted in Banking, Debt, General, Money Saving on Tuesday, March 16th, 2010 at 11:27 by Martyn Shaw.

Purse with Money

According to the Consumer Credit Counselling Service, the number of people having difficulty meeting all their monthly expenses rose considerably in 2009 over the figures from 2008. Even for those who made their way through the worst of the recession, the task of managing to cover basic living expenses with available income seems an insurmountable task. If you find yourself in this position each month, there are a few things you can try to balance that monthly budget.