Latest Debt News

Latest debt reduction news from W3 Debt Solutions


Low-income areas get more free cash machines 17/07/2008

Under a new scheme, there will be an increase in free cash machines installed in low-income locations to help people avoid charges just "to get their hands on their own money". Read More

47 'magic age' for getting out of debt 17/07/2008

The "magic age" for getting rid of debt is around 47 years old, according to one financial expert. Read More

Two-thirds of Britons 'may work after retirement' 16/07/2008

More people in the UK are delaying their retirement and staying in work amid fears of debt problems and not having enough financial security in older years, research has suggested. Read More

UK bankruptcy laws 'a lot more relaxed' 16/07/2008

For those struggling with debt in the UK, a silver lining exists in that, unlike Ireland, they are not getting a prison sentence on top of the debt collectors and mounting unpaid bills, a source has suggested. Read More

Rising school fees 'bearable' with family income benefit 16/07/2008

Family income benefit can prove to be "a halfway house" to help a bereaved spouse cope with steadily rising private school fees, says a financial expert. Read More

Preparing a budget 'essential' for tackling debt problems 16/07/2008

For people struggling with mortgage repayments it is essential to prepare a budget, according to one financial charity. Read More

Use of overdrafts on the rise 16/07/2008

People are depending on their overdrafts to see them through the current economic crisis as rates reach a record high, it has been reported. Read More

Pensioners 'hit hardest by credit crunch' 15/07/2008

Pensioners are being hardest hit by the rise in energy, food and living costs, with their inflation increasing to 5.4 per cent, according to reports. Read More

Homeowners warned against extending mortgage  15/07/2008

Homeowners are being warned against extending the life of their mortgage when renewing it, as it can add thousands to the amount owed. Read More

86% 'taking measures 'to combat credit crunch' 14/07/2008

New figures show around 86 per cent of people in the UK are taking some form of action to tackle the effects of the current financial crisis. Read More

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