Reference section

 

Brighton and Hove Citizens Advice Bureau

www.citizensadvice.org.uk/brightonhovecab.htm‎
Brighton and Hove Citizens Advice Bureau provides a generalist advice service and a specialist debt and welfare benefits service.

   

National Debtline

www.nationaldebtline.co.uk
Free debt advice and support for people with money worries and debt difficulties in England, Wales & Scotland. As part of the Money Advice Trust, the advice

  

Options for paying off your debts - GOV.UK

https://www.gov.uk/options-for-paying-off-your-debts/overview‎
The Money Advice Service has more information about debt management and where you get free debt advice. Next Debt Management Plans.

 

  

Busted: Two debt 'help' firms ripping off the poor

http://www.manchestereveningnews.co.uk/news/greater-manchester-news/busted-two-debt-help-firms-4685887

The two Cheshire-based firms have been wound up by a High Court judge at the request of Business Secretary Vince Cable following an investigation by the Insolvency Service. Two debt management companies have been shut down on the orders of the government.

The two Cheshire-based firms have been wound up by a High Court judge at the request of Business Secretary Vince Cable following an investigation by the Insolvency Service. Debt Help Direct Ltd and Money Worries Ltd, both run by John Taylor-Groom and based in Handforth, targeted vulnerable people who could not pay off their debts and netted £1.3m in just two months. But now more than a dozen creditors have come forward saying they are owed more than £900,000 by the two firms. The cash includes a total of £545,000 that is owed to HM Revenue and Customs.

It is feared many clients who are unaware of the companies' demise are yet to contact the Insolvency Service. So far 18 creditors have come forward.

 

Half of Britons worried about debt

R3, the insolvency trade body, revealed that half of all Brits are worried about debt. Which begs the question: what are the other half worrying about?

Anyway, it’s worth pointing out that’s only half of the adult population. Hopefully we can assume that those not old enough to apply for credit don’t have too many financial worries just yet, besides the soaring cost of crisps and sweets.


 

Debt worries feature payday loans, says StepChange

http://www.bbc.co.uk/news/business-22436306

in 2012 had payday loans compared with 2011, a charity has said.  The StepChange debt charity helped 36,413 people last year who had payday loan debts, some 20,000 more than the previous year. The average debt of those in trouble was £1,657, the advice charity said.

The increase shows the rapid rise of payday lending, although credit cards and unpaid bills are also concerns for those seeking help. Typically, payday lenders make loans of several hundred pounds for a matter of weeks, at interest rates that can work out at well over 1,000% on an annual basis.