Debt management weekly-up

It might be sunny outside, but the debt outlook remains gloomy as summer brings with it a host of debt problems.

Moneysupermarket.com report that drivers going abroad could rack up thousands of pounds of debt due to car insurance policies being downgraded whilst outside of the UK.

Whilst M&S Money warn that house subsidence caused by the driest start to a year ever recorded could leave people living in clay-soil areas seeking debt solutions.

And Unbiased.co.uk are concerned that people will miss out on almost £4bn of tax credits if the applications aren't made by July the 31st.

In other news, taxes are nearly £860m higher than they need to be, as that's the bill for cleaning up the streets, according to the Local Government Association.

And Business Secretary Vince Cable has slammed the banks for increasing individuals' debt levels by charging up to 167 per cent interest on unauthorised overdrafts.

Debt management weekly roundup

11/03/2011

The theme of the news in the realm of debt management this week, seems to be about how people with d ...

Debt management weekly roundup

04/03/2011

The big news in the field of personal finance and debt management this week has been the European Co ...

Debt management weekly roundup

25/02/2011

It appears debt problems could well be made worse by Brits underestimating the cost of life's big ev ...

Debt management weekly roundup

18/02/2011

Debt problems are still rife in the UK in 2011, despite the recession officially ending several mont ...