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Debt News

On these pages we analyse the news and views of the UK press on the debt industry, giving our own take on matters and helping our customers cut through the hype and understand the facts.

The Future of Card Debt

Will increasing levels of card debt and more repayment defaulters cause problems for the credit card companies?

Personal Debt Hits New High

With 9% of the average expenditure now going on debt repayments, consumers are experiencing ever rising levels of personal debt which some are struggling to maintain.

Latest Card Debt Figures

We look in detail at the latest figures to be released on credit card debt in the UK.

Call for OFT to check Credit Card Charges

The Office of Fair Trading (OFT) has received a compliant from consumer group Which? about the misleading way in which credit card companies show their interest rates.

Insurance Selling Investigated

FSA issues warning after investigating insurance sales.

Credit Card Fraud Levels Dropping

The Association for Payment Clearing Services (Apacs) has said that money stolen using credit, debit and store cards fell in 2006, mainly due to the introduction of the chip and pin system.

Have UK Credit Card Debt Levels Finally Peaked?

After increasing unabated for many years, recent reports suggest that debt built up on credit cards is now starting to come down.

The New Trend In Debt Consolidation

Debt consolidation has been becoming a popular step to help many people get out of their ever increasing debt situations. How does it work?

Personal Insolvencies On The Up

Figures from the Department of Trade and Industry show a sharp increase in the number of personal insolvencies recorded last year, plus a rise in bankruptcies too.