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Latest news
Level of debt fell in June
The amount of unsecured debt that we`re collectively carrying fell again in June.
In terms of unsecured debt, people paid back £98m more than they borrowed throughout the month of June, latest figures from the Bank of England reveal.
Savers missing out on better returns
One in three savers have never checked the interest rates they are earning on their savings, according to research by Moneysupermarket.com. So they`re not earning money - and protecting themselves against future debt problems - as effectively as they could.
Per year, failing to look for better rates is costing savers £245 in interest on average, or a combined £9.4bn, the price comparison website adds.
Rise in IVAs and bankruptcies among women
The number of women entering an IVA or bankruptcy has increased dramatically over the last decade, new figures from the Insolvency Service have revealed.
In the last year alone, as The Independent reports, the number of women going bankrupt has risen by 28%.
Latest news
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More talk of IVAs in Ireland
In recent months, there has been a lot of talk about introducing IVAs (Individual Voluntary Arrangements) in Ireland as an alternative to bankruptcy, and this has continued in an article ... -
Insolvencies in Scotland - new figures
The Accountant in Bankruptcy (AiB - Scotland`s Insolvency Service) has published official figures showing how many people in Scotland became insolvent in the last three months. Between April and ... -
DROs by area
Figures from the Insolvency Service reveal how many people entered an IVA , bankruptcy or a DRO (Debt Relief Order) per area in 2009. Here, we`ll look specifically ...