Debt Collectors amongst the UK’s worst drivers
According to a new survey by Insurance company 1st central, Debt Collectors is the profession listed as 8th worst in the UK for road traffic accidents.Industry experts have been looking at the links between...
Cornwall’s 14m Debt problem
Despite being one of the UK's least populated areas, with just over half a million residents, new figures have shown that the Cornwall Council is owed in excess of a staggering 14m pounds in...
HMRC Debt Collection shame
The latest figures from 'False Economy' shows 215,144 occasions where the HMRC relied on its panel of Debt Collection Agencies to highlight cases where they had been wrongly instructed to collect supposed debts.It is...
Over 4m UK households in debt to their energy supplier
Almost four million households in the UK owe money to their energy suppliers, with debts averaging around £128, a recent conducted survey has found.The amount owed by the 14% of households in debt has...
Concern as number of UK company liquidations rises
The number of compulsory company liquidations in England and Wales rose by a staggering 53.1% during the first quarter of 2014, compared with the same period in 2013 according to new statistics.The Official statistics...
Revealed: Lansdown – The UK’s capital of debt
The latest data released by the BBA (British Bankers Association) has revealed that the leafy affluent area of Lansdown, a suburb of Bath, is the UK's number one hotspot for personal debt.Lansdown is part...
Former Director of Stepchange Debt Charity joins Wonga
In a bizarre twist of events, former anti-payday loans campaigner and Stepchange Director Delroy Corinaldi has joined Wonga as their new head of Public relations.Corinaldi had previously campaigned against Payday loans companies and this...
Bailiffs have powers removed
New laws that come into effect this weekend will see Bailiffs banned from entering homes at night and from using physical force against debtors. The term 'Bailiff' is also set to be changed to...
Boom time for Debt Collection Agencies purchasing bad debt
Debt Collection Agencies in the UK are purchasing bad debt for as little as 10p for every single pounds worth of debt they buy according to new reports.Leading credit rating agency Standard & Poor's...
Royal’s new nanny named on Debtors list
The new nanny of the Royal latest addition, Prince George, was the subject of discussion yesterday after being exposed as a council tax evader.Maria-Teresa Turrion Borrallo aged 43, was named on a Spanish local...
