Thrifty Loans

Firms unhappy with banks attitude to IVAs

There has been an increase in the number of bankruptcies in the UK. According to figures from the Ministry of Justice the total number of bankruptcy petitions was up to a new twelve-monthly record of 54,536 in the year to June. However, high street lenders have now been accused of preventing thousands of families in [...]

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Britons debts continue to rise

As the Bank of England struggles to get inflation back to down to 2% from its June level of 2.4%, the British are beginning to feel the weight of their own debts. According to recent research by debt consultancy firm Thomas Charles, eight million Britons now have unsecured debts of more than £10,000. The proportion of [...]

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Consumers get comfy with debt

Consumers are becoming more comfortable with high levels of debt. That’s according to the Personal Credit Index survey from Experian’s Credit Expert service. Some six million Brits would not worry about their debts, excluding their mortgage, unless they exceeded £15,000. Included in this figure are 1.4 million people (5 per cent) who would only worry [...]

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Are you thinking of getting credit after bankruptcy?

If you have been declared bankrupt yet you are thinking of getting a credit card, you may be wondering if it is possible. Well the good news is that you can and what’s more, you can actually use the credit card to help build your credit back up. It has been known for a while that [...]

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