Recent News Articles
UK inflation at 6 year high – consumer credit bubble tightens
Inflation peaked at 3.1% in November 2017 - the highest rate in the UK for six years. We examine how this could affect consumers.
Friday, 22nd December 2017
A new model for consumer lending - should governing bodies encourage responsible lending?
Lancashire resident Gordon Sanderson delivered a thoughtful and honest letter to local newspaper the Lancashire Evening Post last week on this subject.
Tuesday, 28th November 2017
FCA gives green light on car PCP debts
The FCA (Financial Conduct Authority) is not concerned about the high level of personal debt in PCPs, given it is secured finance.
Wednesday, 22nd November 2017
MPs launch enquiry into household debt
With lending as high as during the 2008 financial crisis, a formal enquiry into household debt is set to begin, led by Nicky Morgan.
Tuesday, 21st November 2017
Government considering "6 week debt breathing space"
The treasury has announced plans to assist those struggling with personal debts by introducing a breathing space giving people adequate time to act and get advice.
Thursday, 16th November 2017
Balancing Consumer Debt: a two-way street
Keeping credit and consumer borrowing in check. Avoiding bounced payments, defaults and another credit bubble.
Monday, 6th November 2017
Late Payment Excuses - what companies say when they don't pay
There are plenty of excuses people use to avoid paying. We list some of the common excuses and how to handle them.
Tuesday, 31st October 2017
Late Payment Interest and Compensation
Why creditors should claim late payment interest and compensation for late payment of invoices.
Tuesday, 24th October 2017
Will Theresa May make a universal credit U-turn?
With the Universal Credit roll-out deadline fast approaching, pressure is mounting on Theresa May to make concessions.
Friday, 20th October 2017
The Role of Debt Collection Agencies
Debt collection agencies fill a very specific role within business. A debt collection agency is tailored to provide the best opportunity for debt recovery.
Wednesday, 18th October 2017