Consumer bankruptcies down 28% 'due to high petition fees'
Friday, 03 February 2012 Consumer Issues

Consumer bankruptcy numbers down 'due to high cost of the fees' says DebtWizard

UK Debt Statistics - Feb 2012
Thursday, 02 February 2012 Consumer Issues

The latest debt numbers covering consumer insolvencies, credit card debt, CAB debt cases and ....

OFT to re-investigate gym contracts
Wednesday, 01 February 2012 Consumer Issues

Gym contracts are to investigated by the Office of Fair Trading, again!

New appointment for the DebtWizard at Zero-credit
Monday, 30 January 2012 Consumer Issues

DebtWizard joins the board of consumer co-operative Zero-credit

Why you must never reply 'stop' to a spam text message
Monday, 30 January 2012 Banks and Regulation

Firms face raids and fines of up to £500,000 for sending unsolicited text messages

First debt collector pulls out of the payday loan market, are more to follow?
Friday, 27 January 2012 Consumer Issues

Will more debt collectors follow suit amid fears of where the payday loan industry is heading?

London tops the over-indebtedness league table
Thursday, 26 January 2012 Consumer Issues

An estimated 257,000 households in the capital spend more than half of their income servicing debt

Top five key unemployment figures September - November 2011
Wednesday, 18 January 2012 Politics and Economy

A list of the top five key unemployment figures such as jobs, vacancies, 18 - 24 years group and ...

Bailiff rules tightened in first step of reform
Monday, 16 January 2012 Consumer Issues

New measures to protect people from rogue bailiffs are unveiled

Telephone scammers claiming to represent the OFT
Thursday, 12 January 2012 Consumer Issues

Some consumers have been asked to pay between £100 and £200.

Are consumers at risk as more Personal data goes missing?
Wednesday, 11 January 2012 Consumer Issues

Welcome Financial Services and Shopacheck are sending out letters after losing data

Changes to Credit Union rule will benefit consumers
Monday, 09 January 2012 Banks and Regulation

News rules for Credit Unions will make it easier to join and pay interest on savings.

A staggering 'seven million people' are putting their home at risk
Wednesday, 04 January 2012 Consumer Issues

Almost one million people have used credit to pay the rent or mortgage according to

The rise of the Scottish 'Zombie' debtor
Tuesday, 03 January 2012 Consumer Issues

Many Scots are in a situation where they simply cannot survive any longer.

As inflation falls we explain how this affects your spending power and wage negotiations.
Tuesday, 13 December 2011 Politics and Economy

With the UK inflation rate falling we explain why and the difference between CPI and RPI. We also detail what impact both measures have on consumers.

“Millions of desperate consumers turning to Payday loans” – R3
Wednesday, 07 December 2011 Consumer Issues

New research reveals a staggering 3.5 million consumers are thinking of taking out a Payday loan.

Scammers target the elderly with offer to cut energy bills by 40%
Wednesday, 07 December 2011 Consumer Issues

Fraudsters are now targeting the elderly with phoney energy saving plug in devices..

UK striking debt statistics November 2011
Monday, 05 December 2011 Consumer Issues

The latest debt numbers covering consumer insolvencies, credit card debt, CAB debt cases and ....

FOS issues cold call scam warning
Tuesday, 29 November 2011 Consumer Issues

Scammers are now calling people pretending to be from the Financial Ombudsman Service!

'Log Book Loans' loses its consumer credit licences
Friday, 18 November 2011 Banks and Regulation

The OFT says that these two companies are unfit to hold their consumer credit licences.

Consumers set to pay millions in tax on PPI claims
Monday, 14 November 2011 Consumer Issues

Gov set to make tens of millions of pounds from consumers over interest payments on PPI

House repossessions remain stable, but for how long?
Thursday, 10 November 2011 Consumer Issues

A worrying 27,300 loans not in the figures have arrears of more than 10% of the mortgage.

New proposals to streamline bankruptcy procedures will avoid court
Wednesday, 09 November 2011 Consumer Issues

New proposals could mean consumers will no longer have to go to court to file for bankruptcy

Consumer bankruptcies down 31.2% 'due to high petition fees'
Friday, 04 November 2011 Consumer Issues

Bankruptcy numbers down 'due to high cost of the fees' says DebtWizard

Government to review the cost of consumer bankruptcy fees
Thursday, 03 November 2011 Consumer Issues

DebtWizard succeeds in getting a review over consumer bankruptcy fees

UK striking debt statistics October 2011
Wednesday, 02 November 2011 Consumer Issues

The latest debt numbers covering consumer insolvencies, credit card debt, CAB debt cases and ....

Consumer insolvencies continue to rise in Scotland
Tuesday, 01 November 2011 Politics and Economy

Personal insolvencies edge up as the Scots feel the pinch

The poorest spend more on VAT than the richest
Monday, 31 October 2011 Politics and Economy

Research shows VAT hits the poorest households harder than the rich

Help make financial education a compulsory part of the school curriculum
Wednesday, 26 October 2011 Consumer Issues

Your chance to help get compulsory financial education in schools

OFT to stop the shady side of debt collection
Monday, 24 October 2011 Banks and Regulation

OFT warns debt collectors not to pursue people who owe them money on social Facebook and

Top five key unemployment figures June - August 2011
Wednesday, 12 October 2011 Politics and Economy

A list of the top five key unemployment figures such as jobs, vacancies, 18 - 24 years group and ...

UK striking debt statistics September 2011
Thursday, 06 October 2011 Consumer Issues

The latest debt numbers covering consumer insolvencies, credit card debt, CAB debt cases and ....

Some consumers spend 80% of their wages on debt!
Monday, 03 October 2011 Politics and Economy

A recent survey reveals that the average monthly debt a person pays is £322, more worrying is that .....

Which? reveals poor practice in payday loan market
Friday, 30 September 2011 Banks and Regulation

Which? reports two payday loan lenders to the OFT after research reveals widespread...

Debt collection agency loses licence after director poses as lawyer
Tuesday, 20 September 2011 Banks and Regulation

Another debt collector loses their licence, how many more to follow?

100% mortgages are back, but are they worth it?
Monday, 19 September 2011 Consumer Issues

Would you pay 13 times the Bank of England base rate for a mortgage? I wouldn't just yet...

Survey shows kids get more pocket money than creditors allow for
Monday, 05 September 2011 Consumer Issues

Survey questions the pocket money allowance figures set by the Money Advice Trust for debt arrangements

Warning - Don't pay fees to get that loan!
Friday, 26 August 2011 Consumer Issues

Many consumers are being tricked into parting with cash to get a loan that does not exist

High Court enforces order to stop unfair gym contract terms
Wednesday, 24 August 2011 Politics and Economy

With 17,000 defaults illegally registered against consumers the High Court enforces its ruling ..

Are you due a refund or goodwill payment from TalkTalk?
Tuesday, 23 August 2011 Consumer Issues

On top of the £3m fine TalkTalk paid out £2.5 million in refunds and goodwill payments ...

Government allows RBS to punish basic account holders
Monday, 22 August 2011 Banks and Regulation

RBS is to restrict around one million basic bank account holders from using rival ATMs

DROs help edge up consumer insolvencies
Friday, 05 August 2011 Consumer Issues

Personal insolvencies increase as more cash strapped consumers opt for Debt Relief Orders.

UK striking debt statistics August 2011
Monday, 01 August 2011 Consumer Issues

The latest debt numbers covering consumer insolvencies, credit card debt, CAB debt cases and ....

‘Too many Scots drowning in debt’, says CAB
Tuesday, 26 July 2011 Consumer Issues

Debt levels in Scotland rise with the average personal debt sitting at more than £20,000.

Bankruptcy on the march in Scotland
Monday, 25 July 2011 Consumer Issues

More than 5000 people were declared bankrupt between April and June, up 25% on the previous 3 months.

Debt Collector at risk of losing licence to trade
Friday, 15 July 2011 Banks and Regulation

In 2009 they were 'Consumer debt collector of year', in 2011 they could lose their licence.

Cheque book is saved but will it be at a cost to the consumer?
Wednesday, 13 July 2011 Banks and Regulation

Is there to be a be a nasty sting in the tail? Mark my words, “Can you trust any bank?

Bank’s actions lead to judge wiping out overdraft and charges
Monday, 11 July 2011 Consumer Issues

A Judge wipes out a customer’s overdraft charges after HSBC failed to meet its contractual obligations.

Bankrupt earns £3,707.41 a week ‘tax free’ whilst in prison
Thursday, 07 July 2011 Consumer Issues

Who says crime doesn't pay? It did for this chap to the tune of £143,000.

Surge in house repossessions predicted when interest rates rise
Tuesday, 05 July 2011 Consumer Issues

Britain is facing a 'tsunami' of house repossessions as soon as interest rates start to rise, one of the country's leading bankers has warned.

UK striking debt statistics July 2011
Friday, 01 July 2011 Consumer Issues

The latest debt numbers covering consumer insolvencies, credit card debt, CAB debt cases and ....

OFT to ban 'hidden card charges'
Tuesday, 28 June 2011 Banks and Regulation

Travel companies have been ordered to end the use of hidden surcharges for passengers paying by card.

R3 – ‘8 million people in financial distress’
Thursday, 16 June 2011 Consumer Issues

Eight million people are due to go into their overdraft this month, and two million..

DRF positive about OFT crackdown on Debt Management Firms
Tuesday, 14 June 2011 Banks and Regulation

OFT to introduce stricter rules for firms that advise consumers on debt issues..

Barclays to pay all PPI claims prior to 20 April 2011
Monday, 13 June 2011 Banks and Regulation

Thousands of customers set to benefit from 'no-quibble' payments plus interest

Bankrupt facing jail for denying creditors £24,000
Friday, 10 June 2011 Consumer Issues

A bankrupt who spent thousands of pounds on holidays and a car is on the verge of a jail sentence.

London tops the debt league
Wednesday, 08 June 2011 Consumer Issues

Average debt levels have soared by 75% since 2008 for Londoners

UK striking debt statistics June 2011
Thursday, 02 June 2011 Consumer Issues

The latest debt numbers covering consumer insolvencies, credit card debt, CAB debt cases and ....

High Court rules that thousands of gym contracts are unfair and unenforceable
Tuesday, 31 May 2011 Consumer Issues

High Court judge states some gym contracts were 'a trap' for the average consumer.'

DebtWizard has asked the PM for help on the prohibitive cost for consumers to petition for bankruptcy
Thursday, 26 May 2011 Consumer Issues

DebtWizard has asked the Prime Minister to do something about the cost