OFT Victory In Bank Charges Case

Bank charges can now be assessed for fairness by the Office of Fair Trading after the High Court ruled in its favour today.

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How credit cards went from Hero to Zero

Millions of people rely on them for day to day budgeting, but credit cards, once a cheap and easy way to borrow over the short term, are becoming more expensive and difficult to obtain.

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Challenge banks over Unfair Loan and Credit Card Agreements before April 2007

This problem could have been easily avoided if only banks were careful with their documentation. It is hard to believe that how some of the high street banks can be so unprofessional in their approach, which has lead to their own loss.

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BBC Panorama Programme | Debt Write Off | Cancel Credit Card Agreements Legally

This week’s Panorama programme included case studies relating to the Credit Issues business, showing how a couple have managed to clear £100 000 of credit card and loan debt through the processes that are employed in the Credit Issues business.

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BBC Panorama: Can’t Pay, Won’t Pay

As a nation we’ve racked up nearly £1.5 trillion of personal debt, and are increasingly falling behind with payments on our credit cards, overdrafts and bank loans.

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Uk Personal Debt Statistics

The total UK personal debt at the end of June 2008 stood at £1,444 billion. The growth rate increased to 7.4% for the previous 12 months which equates to an increase of £98billion.

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