Featured Debt Articles

Say you have the following accounts:

A 30-year fixed mortgage with what was once considered a good interest rate
A 60-month auto loan at a moderate interest rate
$10,000 in credit card debt – the average amount carried by the American consumer – at an astronomical interest rate
Student loans with a very low interest rate

Now let’s say you’ve [...]

Think Money, a leading financial solutions company, has advised people to compare their finances today with how they looked this time a year ago – and take steps towards improving them wherever necessary.
The advice comes after research from Bright Grey revealed that a third of people in the UK are either spending more than they [...]

Much of the recent debate on student debt has been around increasing tuition fees and the prospect of paying back the money for years or even decades. But even without fees, many students get into debt just from living costs: even with careful budgeting, this can easily run into several thousand pounds a year.
Student debt [...]

The Accountant in Bankruptcy (AiB) released the latest Scottish Insolvency figures this week, for the second quarter of 2011/12 (July to September). The figures show that there were fewer bankruptcies than during the same period last year, but significantly more Trust Deeds and Debt Arrangement Schemes (DAS).
Overall, there were 5,378 personal insolvencies in Scotland, which [...]

At this time of year with the long summer holiday just around the corner for many people many of us are keen to sort out our finances. However, for some households who have found themselves deep in debt the prospect of being able to sort out finance are slim to nil. Those that are struggling [...]

With the Royal Wedding of Prince William and Kate Middleton only a week away the television, newspapers, and magazines are full of claims that the event is likely to lift the spirits of the people of the UK as they watch the young couple get hitched. However, whilst the older generation tend to love nothing [...]