The Debt Advisor Blog

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Financial stress leads to a higher chance of illness

In an article in The Times, a new study from London researchers suggests that Financial strain lowers biological health.

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What are the lifestyle benefits of being debt free?

Being in debt is really hard and stressful, but finding a good debt solution can help you become debt-free.

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Navigating the Energy Dilemma: The Weight of Unmanageable Utility Bills

The only freeze that should happen this Winter is your debt interest and charges. Every day we speak to clients…

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Debt Relief Order changes – more people will qualify

The criteria to qualify for a Debt Relief Order “DRO” changes on 29 June 2021.  This will mean that around…

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Breathing Space debt respite scheme

What is Breathing Space? From May 4th 2021 new legislation will be brought into place to allow approved debt advisers…

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How to improve my Credit Score?

Within the UK there are 3 main credit reference agencies, TransUnion, Equifax and Experian. All 3 work with banks, building…

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How to work out your monthy budget

To some it may come naturally but for others working out and setting a budget can be overwhelming. So let’s…

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There is no shame in debt

It’s 2021, and we have been living through a global pandemic for the past 10 months. Millions of people becoming…

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Consolidating debts with a Secured Loan

Consolidating your debt refers to paying off multiple debts with one larger loan so that you are just left with…

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Default Notices

If you miss payments or are making reduced payments, your creditor may send you a default notice, also known as…

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Is getting your finances under control your New Years resolution?

A few tips on how to make this happen… Have a Subscription Clear Out. Netflix, Amazon Prime, Now TV, Disney+,…

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Buy now pay later, or stress later?

Recent new figures from debt advice provider, Financial Wellness Group are showing an upward trend when it comes to younger…

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Consumers continue to pay down debt £00’s of millions of debt

The Bank of England issues monthly stats including Money and Credit stats. Generally there is a 2 month lag on…

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Stepchange warns of long-term debt crisis without urgent intervention

SURVEY FINDINGS StepChange Debt Charity have commissioned a report by YouGov Plc which was undertaken in September 20 and covered…

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The need for low and grow debt solutions

RESEARCH BY WHICH According to research by Which 6% of UK households missed at least one payment towards housing, credit…

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Changes to furlough scheme post November 2020

EXTENSION OF FURLOUGH SCHEME To coincide with the new national lockdown restrictions introduced on the 5 November 2020, the government…

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Covid – A tale of two halves

The Covid affect on the UK population is definitely the tale of 2 halves. According to The Money Charity who…

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HMRC regains preferential status for insolvencies after 1 December 2020

The Finance Act 2020 provides for HMRC to regain preferential status for certain debts including PAYE, Employees NIC, VAT, student…

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Covid-19 and Mental Health

Everything you need to know about ways to boost mental health during Covid-19

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Practical Financial Skills to Manage Money

Money worries can affect everyone, it is so important to be able to keep on top of your finances for…

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Debt Consolidation Loans

Many people have over the years built up unsecured debt, which for some is becoming harder to manage and putting…

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Your Personal Finances and dealing with the effects of Coronavirus

It is vital that you follow medical advice on keeping you and your family safe from the affects of Coronavirus.…

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Dealing with Debt after separation

Dealing with separation or divorce is tough enough. Adding debt issues into the mix is particularly stressful. If you and…

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Single Mothers and debt?

Debt issues are a major cause of anxiety with single mothers particularly for those of who have recently separated. When…

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How to get your finances in control for 2020

Cut back on wasted spending We all like small treats everyday – mine’s a skinny flat white – £2.60. This…

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Older homeowners have £10,000+ in credit card debt and are using equity release to repay debts

Up to half of older homeowners in the UK are turning to equity release to repay their debts as they…

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Nearly 40% of Brits struggle to afford to travel to work

Nearly two in five Brits have failed to go to work because they were unable to pay for the commute,…

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How we can help with both personal and business debt

It is almost impossible to avoid exposure to personal debt when setting up your own limited company. When you start…

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People in problem debt to get 60-day ‘breathing space’ from bailiffs and interest charges

Thousands of people struggling with problem debt in the UK will get relief under a new ‘breathing space’ scheme which…

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Brits find it more difficult to talk about money than mental health

A new study has revealed that people in the UK find it easier to discuss mental health and infertility than…

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Money Stress: 8 Tips To Improve Mental Health

Money and mental health are often linked. As part of Mental Health Awareness Week, The Debt Advisor is encouraging people…

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What is a Debt Management Plan and how can it help clear your debts?

In the UK population of 52.1 million, there are over nine million people currently struggling to pay their debts each…

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Council tax bills for typical households in England will rise by £78 this month

Council tax in England for people living in band D homes has increased by 4.7%, an average of £78. As…

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What is an IVA and how can it help clear your debts?

Problem debt currently affects around 8.3 million people in the UK. If you’re one of the 17% of people across…

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The Debt Advisor: Local Finance and Debt Advice

Is problem debt keeping you awake at night? Struggling with debt which leaves you with insufficient money to live on…

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Banks to be banned from charging excessive unarranged overdraft fees by FCA

Banks will be banned from charging “rip-off” unauthorised overdraft fees under new proposals from the Financial Conduct Authority (FCA). As…

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Bailiffs pushing people into debt and stress: What are your rights?

Rule breaking bailiffs are causing people increased stress, anxiety and financial difficulty, according to new research. As reported by Huffington…

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New Research Shows That Nearly One in Five Couples Start Married Life With Wedding Debt

Til Debt Do Us Part New research from Equifax has shown that couples are ending up with more than a…

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Our family has grown!

The Debt Advisor Ltd “TDA” was last week warmly welcomed into the ReSolve family.  ReSolve Advisory acquired a majority share…

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IVA’s hit record levels amid concerns of mis-selling

Since their inception in 1986 the number of IVA’s approved by creditors has steadily increased year on year, (allowing for…

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New research reveals two-thirds of young people face unaffordable rent

Much is said about Millennials and Gen Z living beyond their means, with regular reports popping up in the media…

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Wonga’s Woes

  Bev Budsworth from The Debt Advisor Ltd Call from 5 Live Saturday afternoon I had a missed call on…

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Popularity and Accessibility of IVA’s

Since their inception in 1990, the number of IVA’s approved by creditors has steadily increased year on year, (allowing for…

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First Steps to Becoming Debt Free

Problem debt, anxiety and lethargy tend to go hand in hand. Hibernating will generally feel safer and less confrontational than…

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Debt Advice and Money Saving Tips Blog – Week 2: Energy Bills

Debt Advice and Money Saving Tips Blog – Week 2 In this weekly series, The Debt Advisor will help you…

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Debt Advice & Money Saving Tips Blog Week 1: The Weekly Shop

Debt Advice and Money Saving Tips Blog In this weekly series, The Debt Advisor will help you with some useful…

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Do your credit repayments prevent you from being able to afford your living costs?

Managing your living costs while maintaining regular credit repayments can be extremely difficult, especially if your contractual repayments do not…

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PERSONAL LOANS BY BANKS INCREASE BY 25%

Analysis of bank lending data by BBC News has found the amount that households have in outstanding personal loans in…

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WHEN CREDIT TURNS TO DEBT AND THEN PROBLEM DEBT

Sensible use of credit For those who are disciplined with money, there are many ways to benefit from purchasing on…

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Labour’s plans for capping interest on credit card debt

Bev Budsworth, MD of The Debt Advisor was invited to chat today on Radio 5 Live about Labour’s plans for…

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A WINNING TEAM

The Insolvency Practitioners Association offers a range of exams for student members which include:- Certificate of Proficiency in Insolvency “CPI”…

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“Shackled by Wedding Debt”

With the cost of weddings continuously increasing, it’s no wonder so many couples have to take out credit to be…

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Help with Tax Debts

Bev Budsworth, MD of The Debt Advisor Ltd which incorporates The Business Debt Advisor “TBDA” comments, “The numbers of self…

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How to Spot a Scam

Scams come in various different forms from letters, text messages, emails and phone calls and generally, they are schemes which…

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My Debts have been sold to a debt collector – What should I do?

If you have been in arrears with your debts for some time or have received default notices, it is extremely…

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THE DEBT ADVISOR GAINS FULL AUTHORISATION FROM THE FINANCIAL CONDUCT AUTHORITY

The Debt Advisor Ltd is now fully authorised by the Financial Conduct Authority (FCA) to offer full advice and debt…

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How can I improve my Credit Score?

Your credit score will be influenced by a number of factors which include, the pattern of payments you have made…

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A New Breed of Debt Advisor

The Financial Conduct Authority (FCA) have said that debt advice providers must ensure they are giving clients and potential clients…

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INCREASING HOUSEHOLD DEBT AND UNCERTAINTY

Household debt is increasing According to a House of Commons briefing paper issued in April 2017, when calculated as a…

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PERSONAL INSOLVENCIES REACH HIGHEST NUMBERS SINCE 2014

Personal Insolvencies increased in the 1st quarter Figures published on 28th April by the Insolvency Service show that there has…

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Students face a rise in interest on tuition loans

Interest rates on Student Loans to Rise Millions of current and former university students in England and Wales will face…

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FCA warns 3.3 Million have credit card debt they’ll never be able to repay

A recent fairly scathing report by the FCA identifies that around 3.3 million people are trapped by credit card debt…

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Ways to Combat Stress

Stress and how it affects us Stress can affect all of us at some point in our lives; stress is…

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Problem Debt – How an Individual Voluntary Arrangement Could Help You

Henry and Sophia were struggling with problem debt, read their story to find out how an Individual Voluntary Arrangement helped…

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Problem Debt – How Bankruptcy Could Help You

  Michael and Laura petitioned for their own Bankruptcy with the help of The Debt Advisor, read their story here.…

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Problem Debt – How a Debt Management Plan Could Help You

  Ben and Laura cleared their debts in full with a Debt Management Plan, read their story here.   A…

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Problem Debt – How a DRO Could Help You

Alice cleared her debts with a Debt Relief Order, read her story here     A Debt Relief Order “DRO”…

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PERSONAL INSOLVENCIES 10,000+ HIGHER IN 2016

Personal Insolvencies decreased in the 4th quarter but increased on the year Figures published last week by the Insolvency Service…

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Savvy ways to make some money

We are well into the swing of January and with the chaos of Christmas now well and truly over, take…

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Getting your finances in order

Monday morning blues are hard enough to shake off as it is, so naturally, waking up to the sobering fact…

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5 LIVE INTERVIEW ON PROBLEM DEBT

Bev Budsworth MD of The Debt Advisor Ltd based in Old Trafford, Manchester was live on air with Adrian Chiles…

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PUTTING “CARE” INTO CHRISTMAS

Christmas should be a time to chill, breathe and enjoy being with your family. The reality can be very different.…

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Christmas on a Budget

When so many people are struggling financially, the magic of Christmas can be overshadowed by the expense of it. According…

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THOUSANDS OF DEBT MANAGEMENT CUSTOMERS COULD FIND THEMSELVES WITHOUT A PLAN

Background The Financial Conduct Authority “FCA” who now regulates a range of financial services, considers that it is essential to…

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Pensions Safe in Bankruptcy

Following the high court’s decision back in April 2016, the Court of Appeal has upheld that the access to a…

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Breathe and don’t panic buy on Black Friday

Until a few years ago, Black Friday was a tradition exclusive to American retailers however; it has caught on this…

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Are money worries keeping you up at night?

Money Worries “I believe there are 3 D’s which can be seriously debilitating, and if not dealt with in the…

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October 2016 Insolvency Statistics

Personal Insolvencies increase for the 5th consecutive quarter Figures published today by the Insolvency Service show that there have been…

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Insolvency Trade Body issues guides to avoiding Rogue Advisors

In the past 12 months there has been an increase in the number of unregulated lead generators targeting both individuals…

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Personal Insolvencies see a 10% increase in Q2 2016

Figures published today by the Insolvency Service show that there have been an increase in the overall number of personal…

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Credit Cards: Knowing Your Limits

Last month marked the 50th anniversary of the Barclaycard; Britain’s very first credit card. Who would have thought that back…

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Fairpoint Group Announces Exit From Debt Management Plan Sector

Fairpoint Group PLC based in Chorley has announced that they intend to wind down their Debt Management operations during the…

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Pension Freedoms Release £3.5bn Into The Economy

It’s been over a year since the new pension freedoms were introduced, allowing over 55s to release up to 100%…

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Avoiding Wedding Day Debt Blues

Weddings are big business. According to Hitched.co.uk the industry is worth around £10 Billion a year. According to various magazines…

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Bev Budsworth with Mike Sweeney BBC Radio Manchester discussing credit cards

Bev Budsworth MD of The Debt Advisor Ltd based in Old Trafford in Manchester was chatting to Mike Sweeney BBC…

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Britain Needs to Listen to the Experts who say we can be more Productive and Profitable out of the EU

Everything is moving very fast at the moment following the vote to leave the EU declared on Friday morning 24th…

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Payday Loan Company Chief Urges Money Management Lessons for Schoolchildren

Schoolchildren who are taught the fundamentals of money management are far less likely to run into debt as adults, says…

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Insolvency figures continue to decline

The Money Charity have released their quarterly ‘Money Statistics’, giving an insight into the current state of Briton’s finances. Personal…

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Debt, Stress and our primitive brain

According to MIND, the mental health charity, “it is difficult to disentangle the inter-relationship between debt and mental health, but…

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Personal and Corporate Insolvencies see a dip in 1st quarter of 2016

Figures published today by the Insolvency Service show that personal insolvencies in England and Wales decreased slightly by just over…

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Bankruptcy applications no longer to be made through the courts

Major changes to the bankruptcy application process are coming into place on the 6th of April. From this date, individuals…

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Is Family Debt Spiraling?

According to the latest family finance report by Aviva, family debt has increased by 42% in the last 6 months…

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New Year boost for millions as fee-free bank accounts become available for first time.

Millions of bank customers across Britain stand to benefit by hundreds of pounds as nine major banks launch fee-free basic…

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Merry Christmas from The Debt Advisor

The Debt Advisor supports local homesless charity From the team at The Debt Advisor, we hope that you have a…

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Christmas Spending Survey Reveals Story of Festive Struggle

It’s supposed to be a magical time of the year but a new study has revealed that almost a third…

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Black Friday – Winter is coming, think before you buy!

Black Friday 2015 is set to be the biggest on record with shoppers expected to spend more than £1 billion…

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Divorce, debt and not scorching the earth Article by Bev Budsworth

I quite often mix my metaphors which provides entertainment to the family.  However, when referring to divorce and how couples…

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Personal Insolvency cases rise in 3rd quarter of 2015

Figures released today by the insolvency service have shown that the number of people being declared insolvent has risen for…

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Personal debt hits decade low

Figures published today by the Insolvency Service show that personal insolvencies in England and Wales decreased again in the second…

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Interest free credit cards: fuelling debt or a smart financial decision?

Credit card companies in the UK are constantly competing to provide the most competitive introductory interest-free period on balance transfers. …

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BUSINESSES FACE A BACKLASH OVER HOLIDAY PAY

In a judgement expected at 10:30 am today, employers across the country will find out whether they cumulatively owe potentially…

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INSOLVENCIES SEE CONTINUED DECLINE

Figures published today by the Insolvency Service show that personal insolvencies in England and Wales decreased in the third quarter…

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Moneyshop faces up to £15.4 million refund across 147,000 customers

Dollar Financial UK which owns brands including The Money Shop, Payday UK, Payday Express and Ladder Loans has agreed to…

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Settling IVA’s early

The Debt Advisor team have again helped to achieve a great outcome for a couple who were both in Individual…

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DRF Advisor of the Year

The 2015 DRF Awards dinner was held on Wednesday evening at the brand new Football Hotel opposite the ‘Theatre of…

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Homeowners warned to prepare for impending interest rate rise

Mortgage rates have been at an all time low since 2009. Mark Carney, head of The Bank of England has…

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THINK TWICE BEFORE SIGNING UP FOR AN EQUITY RELEASE LOAN

Thousands of pensioners who have utilised equity release loans to release money from their homes are now starting to realize…

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PENSION FRAUDSTERS STEP UP A GEAR…

Back in April we talked about the potential ‘wave’ of fraudsters that would be eager to relieve unsuspecting people of…

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28 DAY BREATHING SPACE FOR DEBTORS

A new report released by the insolvency trade body R3 has suggested that individuals who are struggling with debt repayments…

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PERSONAL DEBT HITS DECADE-LOW

Figures published today by the Insolvency Service show that personal insolvencies in England and Wales decreased again in the second…

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OFGEM ORDERS NPOWER TO SUPPLY FREE ENERGY

The energy firm Npower has been ordered to provide free energy to customers whose complaints it hadn’t responded to on…

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PAYDAY LENDER FACING £10M COMPENSATION BILL AS MORE THAN 92,000 CUSTOMERS COULD BE DUE COMPENSATION PLUS A POTENTIAL WRITE OFF OF £10.3M

Payday loan lender Cash Genie who are owned by Ariste Holding were found by the FCA to have imposed a…

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THE DEBT ADVISOR GOES THE EXTRA MILE TO HELP A FORMER CLIENT EXPERIENCING AN ISSUE WITH HER CREDIT FILE

Our Debt Management team recently received a call from one of our previous clients who had paid off (in full)…

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THE DEBT ADVISOR RESPONDS TO THE CHANCELLOR’S BUDGET

Bev Budsworth, managing director of The Debt Advisor commented: “Today’s Budget will be blow for many people who are struggling…

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UK RENTAL PRICES MOST EXPENSIVE IN EUROPE

Figures from the National Housing Federation (NHF) show that tenants in the UK typically spend over 39% of their income…

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NUMBER OF PAYDAY LOAN COMPLAINTS HALVED

Since the introduction of new FCA regulations in April 2014, the number of complaints the Citizens Advice have received regarding…

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WESTMINSTER FORUM TUESDAY 2 JUNE 2015

Bev Budsworth, MD of The Debt Advisor has been invited to be a panellist at Westminster Business Forum which is…

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SETTING ASIDE A CCJ

Alex Zabunyan, Manager of The Debt Advisor’s Debt Management Team and finalist in Credit Today’s 2015 Debt Counsellor of the…

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ALEX ZABUNYAN, THE DEBT ADVISOR SHORTLIST FOR DEBT COUNSELLOR OF THE YEAR

We hope you join us in wishing Alex good luck at the prestigious Credit Today Awards tonight at the Grosvenor…

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LABOUR PLANS TO TARGET PAYDAY LOAN FIRMS TO BOOST CREDIT UNIONS BUT AS THE MARKET CONTRACTS, IS THIS A VIABLE STRATEGY FOR THE NEXT GOVERNMENT?

The Debt Advisor recently put this question to Kate Green, parliamentary candidate for the Labour party in Stretford and Urmston.…

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NEW GOVERNMENT FACES POTENTIAL ‘DEBT HANGOVER’

Figures published today by the Insolvency Service show that personal insolvencies in England and Wales decreased again in the first…

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THE DEBT ADVISOR SETTLES DIVORCING COUPLES DEBTS AT 44% OF TOTAL DEBTS

The ability to negotiate with creditors on debt and agree a full and final settlement via The Debt Advisor has…

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FEELING FRAZZLED BY DARCEY BUDSWORTH

You’re not alone. I’ve no doubt we all, in some way or another, can relate to the feeling of ‘frazzled’.…

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‘OPEN SEASON’ APPROACHES FOR PENSION FRAUDSTERS

The Pension Freedom Act comes into force on the 6 April 2015 and brings with it the ability for anyone…

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THANK YOU SO MUCH

We are always delighted to receive feedback from our clients, especially when we hear that we have made such an…

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LOCAL PROFESSIONAL UP FOR NATIONAL AWARD

A manager from Old Trafford-based debt management company, The Debt Advisor, has been shortlisted for ‘Debt Counsellor of the Year’…

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FEEDBACK FRIDAY 6TH OF MARCH

It’s that time again – Feedback Friday! We’re delighted to receive feedback from our customers and we are pleased to…

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FEEDBACK FRIDAY 27TH OF FEBRUARY

This week we have received great feedback from some happy customers. These posts have been left on our ‘Review Centre’…

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FEBRUARY STATISTICS INFOGRAPHIC

    If you are struggling with debt issues, whether these are business or personal debts, The Debt Advisor Ltd…

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PAYDAY LENDERS ORDERED TO ALLOW PRICE COMPARISON

In a bid to increase competition among the payday sector, The Competition and Markets Authority have told Payday Lenders that…

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IVA APPROVED FOR BARRISTER

More recently it has become increasingly difficult to obtain approval for IVA’s for self employed professionals where there HMR &…

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THE DIRECTORS CHAMPION OF THE MONTH JANUARY

The Director’s Champion of the Month is awarded to the team member who has demonstrated significant efforts to do their…

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FEEDBACK FRIDAY 20TH OF FEBRUARY 2015

It’s that time again – Feedback Friday! We’re delighted to receive feedback from our customers and we are pleased to…

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IVA CASE STUDY – FULL AND FINAL IVA AGREED AT 14P IN THE £

We were approached by a debtor who had recently been made redundant and had been through divorce proceedings. The divorce…

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THE DEBT ADVISOR IS TAKING PART IN THE MANCHESTER RUN!

The Debt Advisor is excited to announce that we are again taking part in the Manchester 10k Run. The trainers…

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GOOD NEWS FOR HOME OWNERS WITH REPOSSESSIONS AT EIGHT-YEAR LOW

The latest statistics released from The Council of Mortgage Lenders show that the number of repossessions fell 26% from 28,900…

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FEEDBACK FRIDAY

This week we have received great feedback from some happy customers. These posts have been left on our ‘Review Centre’…

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MONEY SAVING TIPS

If you are struggling with debt issues, whether these are business or personal debts, The Debt Advisor Ltd which incorporates The…

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WILL MY CREDIT RATING BE AFFECTED WHEN I APPLY FOR A 0% OFFER ON A NEW CARD?

I want to transfer my existing credit card debt onto a 0% interest credit card. Will opening a new card…

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TEN THINGS TO KNOW ABOUT DEBT

If you are struggling with debt issues, whether these are business or personal debts, The Debt Advisor Ltd which incorporates The…

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FEEDBACK FRIDAY

It’s that time again – Feedback Friday! We’re delighted to receive feedback from our customers and we are pleased to…

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PERSONAL DEBT ISSUES IN LANCASHIRE

According to a commentary by West Lancashire Citizens Advice Bureau in early January 2015, their advice services are experiencing unprecedented…

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BUDGETING INFOGRAPHIC

 If you are struggling with debt issues, whether these are business or personal debts, The Debt Advisor Ltd which incorporates The…

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SIX JAILED FOR CREDIT SCAM

Six men have this week been jailed and a further two given suspended sentences for their roles in a large…

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TESCO TO CLOSE 43 STORES

Tesco have announced they are to close 43 unprofitable stores amid faltering profits and caution from investors. The stores being…

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JANUARY STATISTICS INFOGRAPHIC

If you are struggling with debt issues, whether these are business or personal debts, The Debt Advisor Ltd which incorporates…

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PERSONAL INSOLVENCY STATISTICS Q4 2014

Figures published today by the Insolvency Service show that personal insolvencies in England and Wales decreased again in the fourth…

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CREDIT DEMAND INCREASING AMID FCA REGULATION

On the 1st of January 2015, the Financial Conduct Authority (FCA) introduced new tougher regulation on Payday Loan Companies which…

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FEEDBACK FRIDAY

Treating customers fairly is in our DNA, which is why we take our customer feedback seriously. That’s why we’ve decided…

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PAYDAY LOAN CAP

Those that have needed to use Payday Lenders at some point have finally received some good news. The caps on…

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A BAD END TO THE YEAR FOR CITY LINK

2,356 of the staff employed by City Link have been made redundant. The news comes amid a failed takeover bid…

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“THOUSANDS IN DEBT COULD BE LEFT STRANDED”, WARNS LOCAL DEBT EXPERT

Award-winning Manchester-based debt management company, The Debt Advisor, is warning that thousands of people in debt across the North West…

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THOUSANDS IN DEBT COULD BE LEFT WITHOUT THEIR DEBT PROVIDER IN THE NEW YEAR

Thousands in debt could find themselves without support of their debt solution provider in the New Year as the Financial…

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THOUSANDS IN DEBT COULD BE LEFT WITHOUT THEIR DEBT PROVIDER IN THE NEW YEAR

Thousands in debt could find themselves without support of their debt solution provider in the New Year as the Financial…

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A FIFTH STILL IN DEBT AFTER LAST CHRISTMAS

A survey carried out on behalf of Circle Housing has found that around one million people in the United Kingdom…

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DIRECTOR’S CHAMPION OF THE MONTH

Huge Congratulations to Michael Ashford who has won our ‘Director’s Champion of the Month’ Award. Michael recently joined TDA as…

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DECEMBER STATISTICS

If you are struggling with debt issues, whether these are business or personal debts, The Debt Advisor Ltd which incorporates The…

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HOUSEHOLDS STRUGGLING WITH CHRISTMAS DEBT

As Christmas approaches new research has found that some members of the public are still paying off Christmas 2013. The…

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CHRISTMAS STATS INFOGRAPHIC

 

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THE DEBT ADVISOR ON BBC RADIO MANCHESTER FRIDAY THE 28TH OF NOVEMBER 2014

Bev Budsworth, MD from The Debt Advisor will be giving her comments to Liam Bradford on consumer spending over the…

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FCA TARGETS CREDIT CARD LENDERS

The FCA has announced it is launching a study to look into how easy it is for customers in Europe’s…

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BLACK FRIDAY SURVIVAL TIPS

This Friday, 28th November will be one of the busiest shopping days of the year as British shoppers will spend…

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THE BIG BUDGETING BLOG FOR 2015 HOW TO PLAN YOUR BUDGET FOR THE NEW YEAR

Following on from our Christmas Savings Guide we’re following up by looking ahead to 2015. Why not start off the…

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THE DEBT ADVISOR BLOG, FEEDBACK FRIDAY 21ST OF NOVEMBER

Treating customers fairly is in our DNA, which is why we take our customer feedback seriously. That’s why we’ve decided…

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RETENTION OF TITLE

In November 2014 the Insolvency Practitioners Associations released a new guidance paper on how Retention of Title claims are handled…

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CREDIT UNION LOANS ON THE RISE AMID CAP ON PAYDAY LENDERS

A report undertaken by The Guardian has found that the use of Credit Unions who typically offer lower interest rates…

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THE DEBT ADVISOR LAUNCHES MULTILINGUAL SERVICE

Award-winning debt management company, The Debt Advisor, has expanded its offering to provide expert debt advice in several different languages.…

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FEEDBACK FRIDAY 14TH OF NOVEMBER 2014

Treating customers fairly is in our DNA, which is why we take our customer feedback seriously. That’s why we’ve decided…

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FCA PRICE CAP ON PAYDAY LENDERS

Following the proposal for a cap on interest rates and fees when using a payday loan service in July, the…

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FEEDBACK FRIDAY

Treating customers fairly is in our DNA, which is why we take our customer feedback seriously. That’s why we’ve decided…

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HOW TO HAVE A DEBT FREE CHRISTMAS

It’s only 7 weeks until Christmas Day and many of us will be thinking about starting our Christmas shopping soon. If…

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DEBT MANAGEMENT CLOSURES CONTINUE THREE MORE FIRMS FALL AMID TIGHTER REGULATION

This morning news has emerged that three Debt Management companies located in the North West have gone into administration, leaving…

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EU MIGRANTS CONTRIBUTION

A study conducted by The University College London (UCL) has found that European Immigrants have made a positive financial contribution…

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BAD NEWS FOR BUSINESS BUT IT COULD HAVE BEEN WORSE

Following on from our earlier blog post entitled “Businesses face a potential backlash over holiday pay” a verdict has been…

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THE DEBT ADVISOR IVA CLIENT TESTIMONIAL

Treating customers fairly is in our DNA, which is why we take our customer feedback seriously. This week we have…

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HAVE YOU BEEN ISSUED WITH A CCJ?

If you have been issued with a County Court Judgment (CCJ), it can often be a frightening and worrying experience. Usually, a…

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INSOLVENCIES SEE CONTINUED DECLINE

Figures published today by the Insolvency Service show that personal insolvencies in England and Wales decreased in the third quarter…

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BANKRUPTCY TOURISM

Bankruptcy tourism is on the increase in the UK. Our relatively soft-touch regime whereby you can be discharged from bankruptcy…

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TIPS FOR CHRISTMAS SAVING

It’s that time of the year again, and many of us are trying to scrape together the money to pay…

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OCTOBER NEWSLETTER

We’ve had a busy few months over the summer period and we are delighted to share with you some of…

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THE PERIL OF LENDING TO FAMILY AND FRIENDS

With more and more people bypassing traditional lenders, the extent of lending between family and friends is increasing at a…

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PETERBOROUGH – BRITAIN’S NUMBER ONE DEBT HOTSPOT

Residents of Peterborough, Newcastle-upon-Tyne and east London have the highest levels of personal debt across the country, new figures have…

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THE DEBT ADVISOR BUSINESS CELEBRATES 15 YEARS

  I recall fairly vividly the excitement of pulling together everything necessary to set up a business as an insolvency…

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THE DEBT ADVISOR BOLSTERS MANAGEMENT TEAM

Trafford-based debt management company, The Debt Advisor, has strengthened its personal insolvency and debt management teams with the appointment of…

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THE DEBT ADVISOR BOLSTERS MANAGEMENT TEAM

Trafford-based debt management company, The Debt Advisor, has strengthened its personal insolvency and debt management teams with the appointment of…

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FCA FREEZES BANK ACCOUNTS OF DEBT SOLUTION PROVIDERS

The FCA have warned customers of three debt management companies to stop making payments. Gregson and Brooke Financial Services (trading…

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YOU AND YOURS RADIO 4 TUESDAY 26 AUGUST 2014

Bev Budsworth, MD from The Debt Advisor is one of a number of guests joining Winifred Robinson on “You and…

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FINANCIAL ADVICE TO BE OFFERED AT FOOD BANKS

Financial and debt advice is to be offered at food banks around the country as part of a scheme to…

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PERSONAL INSOLVENCY BACK AT POST-RECESSION LEVELS

Figures published today by the Insolvency Service show that personal insolvencies in England and Wales increased in the second quarter…

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SINGLE PARENTS STRUGGLE WITH THE COST OF LIVING

A new report by charity Gingerbread has shown that many single parents are struggling to earn the money they need…

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PAYDAY LOAN CAPS INTRODUCED BY THE FCA

The Financial Conduct Authority (FCA) has introduced new caps to the payday loan industry set to be introduced in January…

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UK BUSINESSES ARE FEELING GOOD

A new survey by Lloyds Bank Business has shown that confidence among UK businesses has hit record highs. The survey…

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THE DEBT ADVISOR HOLIDAY SAVING GUIDE

It’s the time of the year when many of us are looking to go abroad and soak up some sun…

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LOCAL DEBT ADVISER HONOURED AT NATIONAL CEREMONY

A member of staff from Old Trafford-based corporate debt management company, The Business Debt Advisor, has been recognised for her qualification…

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A HAPPY CLIENT

We love receiving feedback from our clients, especially when they tell us we have made such a positive impact on…

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FINANCIAL OMBUDSMAN SEES RECORD NUMBER OF MORTGAGE COMPLAINTS

The Financial Ombudsman Service has urged home owners who get into difficulties with mortgage repayments to seek help as soon…

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COUNTY COURT JUDGMENTS DROP TO NEW LOW

According to new statistics released by the non-profit organization Registry Trust, there were 27,909 CCJs registered against businesses in England…

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MILLIONS OF CHILDREN LIVING IN HOUSEHOLDS STRUGGLING WITH DEBT

A new report from The Children’s Society and StepChange Debt Charity has revealed that around 2.4m children are living with…

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THOUSANDS OF PEOPLE BEHIND WITH TAXES FACE BANK ACCOUNT RAID

In the budget, Chancellor George Osborne has outlined plans to give more power to HMRC to recover tax debts from…

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JOB VACANCY DEBT MANAGEMENT ASSISTANT MANAGER

  Job Title: Debt Management Assistant Manager Base: Head Office :   Old Trafford, Greater Manchester Reporting to: Managing Director Job…

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