Are your children living in poverty?

By John Lewis in Debt Advice, Debt Advice Blog, Debt Management, debt on 20 February 2012

Nearly four million children in the UK are living in poverty, could that include your young family? The cost of raising children and caring for them is becoming increasingly hard for parents under the current economic climate. Shockingly, one in five mums will go hungry in the UK to make sure their kids have enough

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Are you saving enough?

By John Lewis in Debt Advice, Debt Advice Blog, debt on 20 February 2012

The continued downturn in the UK economy, falling annuity rates and the threat of a double-dip recession may give savers the incentive they need to ensure they have healthy balances for the pension and other savings pots. According to a report by Scottish Widows, only 51% of the UK workforce is saving the correct figure

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Top 5 energy saving tips

By Declan Murray in Debt Advice Blog, Debt Management on 17 February 2012

Energy saving is the new buzz term in environmental circles and saving the planet, as well as making savings to your budget is a win, win situation. Reducing your carbon footprint by making a few simple changes to your lifestyle will help to reduce the number at the bottom of your gas and electricity bills

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Almost 300 landlord possession orders are made daily

By Chris Jacques in Debt, Debt Advice Blog on 17 February 2012

Nearly 300 landlord possession orders are made daily, and a staggering 101 properties are repossessed every day across the private rental sector and domestic sector. According to the latest figures from debt charity Credit Action, this number is on the rise as the country slips into a personal finance nightmare. The number of landlords suffering

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Brits struggle to make bill payments with credit card bills topping the list

By Emma Barwick in Debt, Debt Advice Blog, Debt Management on 16 February 2012

The number of UK households who fail to make bill payments on time is increasing. The latest figures reveal that a staggering one in six adults missed a bill payment in 2011. That’s the equivalent to eight million people nationwide. Research from price comparison website MoneySupermarket.com found that credit card payments are the number one

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Wages only last for 17 days according to Halifax Study

By Steven Cooke in Debt Advice Blog on 16 February 2012

Do you receive a monthly wage? Well, according to a report from high street bank Halifax the chances are more than likely that it won’t last the full 31 days. The survey of 2,000 adults revealed that the average employee had to dip into their ‘piggy banks’ after spending their entire monthly pay just 17

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The Office for National Statistics announces its figures for mortgage and landlord possession

By Chris Jacques in Debt, Debt Advice Blog on 15 February 2012

Figures released by The Office for National Statistics (ONS) have revealed that there were17,890 mortgage possession claims issued in the last quarter of 2011. Across England and Wales, The North West emerged as the area with the highest numbers of mortgage claims and claims leading to orders per 1,000 households. Barking and Dagenham led the

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5 daily debt statistics revealed

By Emma Barwick in Debt, Debt Advice Blog on 15 February 2012

The nation is gripped in an endless battle with their personal finances. Debt ridden Brits are feeling the pinch as household budgets are stretched to the limit. Saving is near impossible with so many people living hand-to-mouth. The cost of living is soaring and Brits are taking on more debt just to cover the price

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Cost of divorce

By John Lewis in Debt, Debt Advice Blog on 14 February 2012

They say breaking up is hard to do and while the word divorce may bring to mind thoughts of emotional turmoil, broken homes and lengthy court battles, the highest price set to be paid by the dissolution of marriage may be a distinctly more financial one. According to an article published in leading broadsheet The

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Celebrities filing for bankruptcy

By Paul Culshaw in Bankruptcy, Debt, Debt Advice Blog on 14 February 2012

They’ve successfully earned their right to mill around in celeb circles, but for some TV starlets a descent down a slippery financial slope has meant that they’ve become firm fixtures on the B list – bankruptcy list that is. From the perky likes of former E4 favourite Miquita Oliver to the ‘woe is me’ charm

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