Mon to Thurs 8am-9pm, Fri 8am-7pm and Sat 9am-5pm
Latest news
Britons `dipping into savings to avoid debt`
More than half of Britons admit to dipping into their savings in times of need, according to the results of a poll by Moneysupermarket.com.
56% of respondents to the survey admitted to using their savings when they hadn`t planned to. 34% said they had only done it once or twice, but 21% said they do so regularly. 0.7% said they use their savings as often as their current account.
Another high-profile IVA?
News about the Duchess of York`s financial issues serves as a reminder that IVAs aren`t just an option for people with `normal` levels of debt.
A blog on The Telegraph website states that Sarah Ferguson could opt for an alternative to bankruptcy as she tries to address her debt problems. Specifically, she may end up considering an IVA.
A guide to tackling student debt
A guide published on the Daily Mail`s website offers the 300,000 young people who graduated from university this summer some advice on how to deal with their student debt.
First of all, graduates are advised to work out how much debt they owe. The article highlights how important it is that graduates get the `whole truth` about their debts.
Latest news
-
Could an IVA be suitable for the Duchess of York?
A blog on the Telegraph`s website discusses whether an IVA (Individual Voluntary Arrangement) would be more suitable for the Duchess of York than bankruptcy. The piece talks about how ... -
Insolvencies fall in Scotland
Statistics from the Insolvency Service have revealed how many people entered a form of insolvency - bankruptcy/sequestration, an IVA (Individual Voluntary Arrangement), a DRO (Debt Relief Order) or a Trust ... -
Pensioners `using home equity to pay off debt`
One in three pensioners who withdraw equity from their home do so to pay off debt, according to new research for Age UK, the charity for the elderly. ...