Organisations likely to treat you unfairly if you’re in debtNew research has revealed the type of firms who are more likely to treat you unfairly if you’re currently in debt - including everyday organisations.Continue reading..
Brexit – What will I pay more for and how it affects your wallet?We highlight six everyday items that could cost more because of the Brexit vote. That includes prosecco, petrol and even car insurance.Continue reading..
Brexit – how could it affect your finances and the effectsHow will the Brexit vote affect you? we take a brief look at what it may mean now, and in the near future, on your personal finances.Continue reading..
How debt solutions affect your credit score and the effectsWe look at how debt solutions can affect your credit score with details about the effects on renting, jobs and access to credit.Continue reading..
How to redirect your mail – and avoid potential debt issuesWhy re-directing your mail can help preserve your credit score for a very good reason. Easy to follow advice on how to set up a mail re-direct. Continue reading..
Harrington Brooks takes to the airwaves to support Forever Manchester
Members of Harrington Brooks staff took to the airwaves to discuss the many fundraising activities we have been involved in support of Forever Manchester. The LDOK Forever Manchester Radio show is dedicated to highlighting and supporting Greater Manchester’s communities and people. Each year, Harrington Brooks staff members vote for a Charity of the Year, towards… Continue reading..
Let’s talk about Debt Stress
With financial worries in the back of your mind you’re probably feeling the weight of the world on your shoulders, unable to see the light at the end of the tunnel, struggling to sleep at night… Sound familiar? Winning the battle but losing the war Dealing with debt stress alone can feel a lot like… Continue reading..
RBS Warn of Unexpected Payday Loan Broker Fees
The Royal Bank of Scotland has seen a surge in complaints from people upset about money taken from their accounts for fees charged by payday loan brokers. According to the bank, payday loan brokers have made a reported 1million attempts to raid customers’ accounts in July, 2014 alone, successfully extracting £1.1million in total, out of… Continue reading..
Problem Debt Costing the UK £ 8.3 Billion
A new report from charity, StepChange, was released this morning on the issues of ‘problem debt,’ stating it costs the UK £8.3 billion. The Social Costs of Problem Debt £89 million due to worse education and employment outcomes for young people. £19 million due to poorer physical health. £5 million due to increased ‘desperation’ crime…. Continue reading..
MAS Research Young People’s Financial Regrets
The Money Advice Service has released a report detailing the shift in attitudes towards finances between 16-21 year olds and 22-29 year olds. Through their research, conducted by agency 2CV, they found that in general, it was the consequences of their actions as 16-21 year olds that made 22-29 year olds face up to financial… Continue reading..
Complaints Against Credit Broking Websites Doubles
More than 10,000 people have complained to the Financial Ombudsman Service (FOS) since the start of 2014 regarding middleman websites that take large sums from customers for credit deals that do not materialise. In some cases, the consumer’s bank details were passed on to other credit broking websites, resulting in their bank accounts being debited… Continue reading..
Raised in Debt: Children Suffering As Result of Decadent Debt Culture
With almost 1.4 million UK families in problem debt, a new report reveals the devastating impact debt can have on children, calling for urgent action to ensure families get the support they need to better protect children from debt-related harm. The Debt Trap, the recent report from Children’s Society and the debt charity, Step Change,… Continue reading..
Church of England Battle Payday Lenders as FCA Issue Advertisement Warning
The Church Credit Champions Network (CCCN) has been launched by the Church of England, to encourage financial education, responsible lending and signpost alternatives to payday lenders. The network is piloting in the dioceses of Liverpool, London and Southwark. The news comes after the FCA released statistics that show one in five adverts from consumer credit… Continue reading..
Household Debt at Highest Since 2009
Figures revealed by The Money Charity have shown that despite economic growth, household debt has risen over the past 5 years, with an estimated £1.6 trillion and counting owed privately in both secured and unsecured credit. Evidence from R3, the Association of Business Recovery Professionals, states that people from all over the UK are struggling… Continue reading..
Debt Collector & Bailiff Harassment
If you have had Debt Collectors coming to your door it can often be unnerving, especially if they are threatening and are demanding the immediate payment of your debt. Debt collectors are not bailiffs. This is important to remember as some companies can give you a false impression about who they are and will threaten… Continue reading..
Digging Yourself out of Debt
The savings rate is at the lowest its ever been, with many people struggling to make ends meet, let alone saving two or three months of wages as an emergency fund. Because of low savings, a minor financial change or setback could cause a consumer to spend unnecessary money and put themselves in more debt…. Continue reading..
Are you using credit to pay off old debt?
Are you stuck in the mountain of debt and using your credit cards to take care of it? If so, you could be in big financial trouble. Using credit cards to pay off old debt is a big no-no. The first thing you should know is that paying off debt by making more debt is… Continue reading..