Following Bank of England Governor Mervyn King’s announcement that the British economy is entering a recession, debt management company Gregory Pennington have warned that financial hardship is likely to be widespread in the coming months, adding that the public should aim to get their finances in order and tackle any debts as a ...
Responding to the Bank of England’s recent changes to its policy regarding collateral, mortgage provider Think Money welcomes the move and looks forward to the increased levels of liquidity it should provide.
On 3rd October 2008, the Bank of England announced that it would expand the range of assets it deems acceptable collateral ...
The deteriorating state of the economy should lead borrowers to review their finances as a matter of urgency, say debt experts Debt Advisers Direct, following the Autumn forecast from the Ernst & Young ITEM Club.
“Released on 20th October, the Ernst & Young ITEM Club Autumn forecast ‘sees an economy that has ...
Responding to the International Monetary Fund (IMF)’s report suggesting that the global economic slowdown is likely to worsen and spread to more economic sectors, Debt Advisers Direct have warned the public that extremely testing times may be ahead, and people should look to get their finances in order and clear any debts as ...
In response to economic data from the Office for National Statistics (ONS), debt experts DebtAdvisersDirect.co.uk remind consumers that the right debt solution can help them regain control of their debts, despite the unpredictability of the UK’s finances.
On 30 September, the ONS confirmed that GDP growth (Gross Domestic Product – a measure ...
Its 1:30 A.M. and your watching your favorite late night program. All of a sudden there are singing pirates telling you that if you are not careful, you will be serving fish to tourists. Sound familiar? So, who is selling you this information that could protect you from being a ...
Responding to the government’s ‘£1 billion energy package’, debt consolidation experts Debt Advisers Direct reminded consumers of recent comments by leading charities Help the Aged and the National Housing Federation.
Despite enabling households ‘to take advantage of help that could save them over £300 every year on their energy bills’, the package ...
Revolution Credit Solutions Inc. Has offered its service Pro Bono to victims of Scam Credit Repair Companies. All the consumer must do to receive this Pro Bono service is provide revolution credit Solutions with proof that they filed a complaint with the FTC. Credit Repair companies are regulated by the ...
As the Government prepare to announce a new scheme that is set to help the millions of households that have fallen into fuel poverty, Debt Advisers Direct (www.debtadvisersdirect.co.uk) have welcomed the scheme, but have reminded consumers that there is still plenty they can do to help protect themselves against rising ...
Following a survey from comparison site uSwitch showing that disposable income had dropped for the first time since 1997, financial solutions company ThinkMoney.com has stressed the need for consumers to cut back on their spending and, when necessary, seek expert debt help or advice.
Released at the end of August, the report related ...
Responding to the recent news that retail sales growth enjoyed an unexpected rise in July, debt management company Gregory Pennington (http://www.gregorypennington.com) has warned that this should not be taken as a sign of market recovery, and that consumers should still be looking to protect themselves against a potential downturn at ...
September 4th 2008
Categories:
Bankruptcy,
Banks,
Business,
Checking & Savings,
Checks,
Financial,
Financial Management,
Financial Services,
Financial Solutions,
IVA,
Loans,
Money,
Personal Finance
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Debt specialists GregoryPennington.com remind consumers with debt problems of the need to seek debt advice on time.
“Whatever their nature, virtually all financial problems have one thing in common: they get worse if left unaddressed,” says a Gregory Pennington spokesperson. “Whether someone’s behind on their mortgage payments or struggling to keep up with ...
September 3rd 2008
Categories:
Bankruptcy,
Business,
Checking & Savings,
Financial,
Financial Management,
Financial Services,
Financial Solutions,
IVA,
Insurance,
Loans,
Money,
Personal Finance
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Responding to the news that average bank balances are down by 5% compared to last year, a spokesperson for debt solutions company Debt Advisers Direct said that this is a clear sign that the credit crunch and fast-rising inflation is starting to truly affect consumers.
HSBC reported that average balances of ...
A survey by debt management company GregoryPennington.com indicates that today’s economic troubles may be encouraging people in debt to keep a closer eye on their finances.
Only 6% of those questioned saw their debt as unmanageable. Yet a full 35% of respondents who considered their debt manageable ...
A top-ten best-selling financial author of John Wiley & Sons, New York, is raving mad. John Wiley & Sons is one of the largest and oldest publishers in the world, and the home of such early celebrated authors as Edgar Allan Poe (Tales), James Fenimore Cooper (The ...
As the credit crunch hits the UK, Fairinvestment.co.uk, leading online comparison site, announces that prepaid credit cards are no longer just for people who have bad credit histories, and could be the answer to those who are looking for the functionality of a credit card but want ...
Amid worries about the reduced availability of credit, debt consolidation experts DebtAdvisersDirect.co.uk stress that lenders are still offering debt consolidation loans and other forms of credit.
A spokesperson commented: “With inflation more than twice the Bank of England’s target, people in debt are particularly worried about stretching ...
August 20th 2008
Categories:
Bankruptcy,
Banks,
Checking & Savings,
Financial,
Financial Management,
Financial Services,
Financial Solutions,
IVA,
Loans,
Money,
Mortgage,
Personal Finance
No Comments
Commenting on the rising number of home repossessions, debt consolidation experts DebtAdvisersDirect.co.uk point out that IVAs (Individual Voluntary Arrangements) and other debt solutions could help people stay in their homes.
Of the 45,000 repossessions expected by Council of Mortgage Lenders (CML) in 2008, there were 18,900 ...
Responding to a study suggesting that a quarter of British adults have shelved their holiday plans to ease the strain of the credit crunch on their finances, debt management company Gregory Pennington (www.gregorypennington.com) have advised other people struggling with their finances to consider following suit and not risk getting into ...
Logbookloans.tv launched recently after growing public demand for a safe and easy instant cash advance service that is regulated by government bodies that people in the UK can trust.
The credit crisis and rising levels of inflation have left many UK residents desperately trying to escape from financial difficulties.
Banks are becoming ...
