DebtWizard Update - 22 July 2009

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Run by Mike Thomas, DebtWizard.com provides free and impartial debt and budget help to consumers. Why not complete the budget forms and see how much money you could save on your day-to-day expenses? If you think you might have a debt problem, fill out the Rapid Response Form or submit the budget form for analysis to see what options could be available to you.


Is Marlin Financial Services fit to hold a Consumer Credit licence?

Some of you who watched the 'Dispatches' programme on Channel 4 on Monday evening may well ask that question.

The documentary focused on Marlin Financial Services and the way they handle the recovery of debts which they have purchased from banks and other high street businesses.

This is a multi-million pound industry with many such firms involved in recovering debts from the public. Their activities are controlled by the Office of Fair Trading and there are strict rules governing the way debt recovery agencies work.

You can see more on this article and links connected to the show by clicking here

 



SunTalk - Thursday, 23 July 2009

Mike will be in the SunTalk towers on Thursday, 23rd July at 11 am helping the the nation resolve their debt issues.

You can get in contact with the show by either telephoning 020 33 64 7000 or text 87131 or email gaunty@suntalk.co.uk

This is a great opportunity for you to get some real practical advice on getting your life back under control, for details on how to listen or watch the show then click here



Spare a thought for the unemployed

 

There is real concern about how these individuals will motivate themselves into getting back to work.

Unfortunately some will drop into depression or turn to alcohol, gambling or even crime in an attempt to solve their debt problems.

Creditors also need to be more understanding and sympathetic towards borrowers...... more can be found here



Urgent - Tax credit renewal date expires 31st July 2009

 


If you want to renew your claim for tax credits you will need to do so before 31 July.

If you don't, you'll only receive payments for a limited period after the end of the tax year. You'll also have to pay back these payments.

You can find out more on this as well as how to start a claim by clicking here



Egg cracks on with monthly credit card charges




Egg is the first credit card company for over a decade to charge a monthly fee for use of its mass-market credit card.

This could just be the start of something quite big with all the other credit card providers quickly following suit.

To read more this and the debtwizard concerns then click here

 



HSBC fined 3 million for losing personal data

The Financial Services Authority (FSA) has fined three HSBC firms over £3 million for not having adequate systems and controls in place to protect their customers' confidential details from being lost or stolen.

Debtwizard feels the fines are relatively low when taking into account the overall turnover of these firms; perhaps a criminal prosecution may be the way forward to make these firms sit up and take note.

More on this article and the debtwizard comment can be found here

 



OFT guidelines on debt collection

Are you fed up with being called many times a day, even late at night? Have you been threatened with legal action over your debts and not sure of what your rights are?

To help you we have the Office of Fair Trading (OFT) guidelines on debt collection that debt collection firms must adhere to.

To understand what these firms can and cannot do then click here



We want to hear your story

If you're happy to share, we have numerous TV stations and newspapers looking for your story.

Have you been made bankrupt? Applied for an IVA? Do you have a horror story about dealing with a lender or company that you owe money? Are you harassed by debt collection agencies?

We are interested in your story, can we help you? More can be found here

 

Latest Debt News

The latest debt related news since the last email.

· SunTalk - 23 July 2009 11am

· Marlin Financial Services

· Urgent - Tax credit renewal date

· OFT Guidelines on debt recovery

· HSBC fined 3 million

· We want to hear your story

· Egg's monthly credit card charges

· Thoughts for the unemployed

· We want to hear your story

See the news archive


Confirmed shows

SunTalk with Jon Gaunt Thursday 23rd July 2009 11am

Mike will be at SunTalk towers helping the nation resolve their debt issues. Details about the show

 

Every Wednesday - 6.10pm
BBC Essex - John Hayes Drivetime
Topical discussion on debt and consumer related issues

All radio and television appearances will be posted on the homepage


Quick links

DebtWizard Budget Form

Designed to identify exactly what is going on with your finances. This form is unique with its built in debt predictor. If things look grim you can send it to us for further help.

· Start your own budget form


Media

Missed Mike on the radio or TV? We have uploaded some more shows and any 'coming soon' will be added over the next few days.

As well as the radio and TV, Mike is involved with some of the national newspapers; the media page is the place to find these as well.

· Media page


UK Credit stats for June

20.8m plastic card purchase transactions will be made today with a total value of £1.03bn.

33,600 applications for credit have been turned down every day during the past six months.

· View more credit stats here


Blog & Twitter

Mike is blogging and twittering, just click on either link

· blog · follow Mike on twitter


Top 10 sections on website

  1. Budget forms - free
  2. Reclaiming bank charges tool
  3. Unenforceable credit agreements
  4. Bank charges latest updates
  5. Unenforceable credit agreements - firms that help
  6. Six options to getting out of debt
  7. Credit card charges tool
  8. The Limitation Act (Old debts)
  9. Contact
  10. Date set for banks appeal

 


If you feel your finances are out of control we can help.

Mike personally reviews cases and has a small support team that can help provide a professional perspective on any issues you're having. Whether it's unmanageable ongoing bills, debt problems, mortgage arrears or home repossession - England, Wales or Scotland, Debtwizard.com can help you take control.

Call us or email in the strictest of confidence: 0845 225 0025 or complete the rapid response form.

Debtwizard.com is here to help not to judge. We are a totally advert and sponsorship free service. This way we are not influenced by any organisation. That is why we claim to be - 'The debt advice website'

Regards,
Debtwizard.com

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Mike Thomas aka the 'DebtWizard' helps individuals overcome their debt problems.

Mike writes all the articles found on this site.