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Latest News

GMAC-RFC fined for arrears charges

GMAC-RFC has become the first mortgage lender to be fined by the Financial Services Authority

20m People in europe in debt

At least 20 million people are over-indebted in the EU. "With the increasing unemployment rates

A record number of Britons will be declared insolvent this year, prediction

The current number of bankruptcies stands at 107,000 but is expected to a record annual

Government calls on credit and store card companies to clean up their act

The Government has today announced new proposals to ensure that credit and store card companies

Brown takes on credit card ‘sharp practices’

The government is set to take on credit card and store cards this week, with

Bankruptcies in Scotland up 140 per cent

The number of bankruptcies in Scotland skyrocketed 140 per cent in 2008-2009 compared to 2007-2008,

One in four households trapped in fuel poverty

The number of households in fuel poverty, where at least 10 per cent of income

The former England and Liverpool footballer John Barnes has been declared bankrupt – a situation that an individual voluntary arrangement (IVA) can help to avoid.

Mr Barnes was declared bankrupt by an insolvency court in Liverpool last week. Last year

Number of households without bank accounts cut by half

The Government and the Financial Inclusion Taskforce have announced today that the shared goal to

FSA looks to regulate secured loans and mortgage arrears charges.

The Financial Services Authority is to ban self-cert mortgages and introduce affordability test for all

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