Latest Debt News

Latest debt reduction news from W3 Debt Solutions


Employees injured at work report pressure on their finances 02/06/2008

Research has shown two-thirds of workers who have suffered an accident at work have experienced added strain to their finances. Read More

People in fuel poverty helped by Ofgem 30/05/2008

People who are struggling to pay their fuel bills will be given help under a new plan launched by Ofgem today. Read More

People waiting for inheritance that never comes 30/05/2008

Many people in the UK are holding out for financial help which may never arrive, according to one company. Read More

Interest rates could drop to 4% 30/05/2008

Interest rates could drop as low as four per cent, according to one economist, meaning people with savings will receive less interest. Read More

'Keep PIN safe' to avoid high bills 30/05/2008

People wanting to avoid high credit card bills through identity theft should ensure they keep their PIN code private and hard to guess, according to an industry body. Read More

Image conscious people are 'tempted' by cars they cannot afford 30/05/2008

People who are concerned about their image are tempted to put themselves into debt in order to buy the latest car. Read More

Football supporters to feel the pinch of promotion 30/05/2008

Supporters of successful football teams will feel the pinch as their teams are promoted, according to a new survey. Read More

Credit cards with no interest rated top 30/05/2008

People attempting to battle debt in the UK are finding the zero per cent interest rate on credit cards the most popular feature. Read More

"Debt woes" for Northern Ireland medical students 30/05/2008


Students reading medicine in Northern Ireland are in more debt than those who study elsewhere in the UK, a source has revealed.

A review of the funding system for the country's medical students has been requested by the British Medical Association Northern Ireland (BMA(NI)).

Problems are being blamed on not enough financial support being available to these students, compared with their counterparts in England, Scotland and Wales who have access to NHS bursaries.

Chairman of the BMA NI medical students committee, Martin McClatchey, believes that the current situation of financial difficulty could lead to a reduction in applicants to study medicine.

He commented: "The BMA believes that admission to medical school should be based on ability and aptitude and not on how much debt an applicant is prepared to get themselves into."

Estimates show that the average level of debt for Northern Ireland graduates now stands at £20,000, which is contrasted against the average UK debt of £12,363, based on figures from Credit Action, the financial charity.

This figure is expected to double for new entrants due to the introduction of variable top-up fees, the BMA (NI) predicts.




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Future pension less than minimum wage 30/05/2008

Recent findings show the typical UK worker is set to retire on £215 a week, less than the current minimum wage. Read More

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