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Dealing With The Effect Of The Child Benefit Tax

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In January, HM Revenue & Customs will begin reducing child benefit payments for residents earning at least £50,000. More than one million families will be taxed if they continue to claim this benefit next year. […]

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Positive Developments Regarding Utility Prepayment Meters

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A prepayment meter often becomes a necessary piece of equipment for people in debt. Approximately 5.9 million UK residents have an energy prepayment meter, either voluntarily or at the discretion of their energy providers. This […]

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Disposable Income On The Decline In UK

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The Office of National Statistics (ONS) released data last week confirming that disposable income is declining for the average adult in the UK and recently fell to its 2003 level. Disposable income is measured as […]

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Scottish Newspaper Notes Bankruptcy Exploitation Of Debtors

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A recent article in a Scottish newspaper focused on the bankruptcy exploitation of residents in debt. Credit union representative were particularly outspoken regarding high fees and improper advice provided by organizations in business to assist […]

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Mortgage Fraud Increasing In UK

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The number of fraudulent mortgage applications has been increasing since 2006. Currently, 34 of every 10,000 UK mortgage applications are fraudulent. This is more than double the rate of just five years ago. Misrepresentation of […]

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Payday Loan Critics Being Targeted

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The Consumer Finance Association (CFA) is an industry trade body that has received numerous political complaints regarding payday lender practices. In response, it recently published a study that depicts politicians as lacking knowledge of payday […]

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