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Individual Voluntary Arrangements Trapping People Over Payment Protection Insurance

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Brits in Individual Voluntary Arrangements (IVAs) are finding that even after they have spent five years repaying their debt through the binding debt repayment approach they are still stuck in the IVA and can’t get out. As part of the IVA process in the UK, consumers are told they must file a claim for overpayments of payment protection insurance (PPI) ... Read More »

    I Moved Back to the UK and Contacted About a Debt I Don’t Recognize From 2005. – Jen

    “Hi Jon I have just received a letter out of the blue from a company who say they purchased my debt from a catalogue company. All the letter says is that the account was opened in 2005 and I have had no contact with anyone regarding such a debt in those 7 years. The strange thing is, I paid off ... Read More »

      I’m a Dutch Citizen and Traveling to the UK. Will I Be Arrested for Old Debts? – Debby


      “Hello, My situation is as follows: I have lived in the UK for around 2 years a few years back and when I left I also left a few different debts: 1) around 250 pounds of council tax 2) 175 overdraft at Lloyds 3) I do not know for sure but it might be possible I owe HMRC regarding my ... Read More »

        SMS Loans. Turning Your Mobile Phone Into a 800 Percent Interest Rate Debt.


        If you thought payday loans might be a problem, abused, and be too readily available to those that can least afford it, then you need to learn about SMS loans or text message loans. A SMS is a text message sent from a cellular or mobile phone. In some parts of the world, consumers can enter into payday loans just ... Read More »

          UK Woman Kills Self to Avoid Dealing With Debt Problems and Hidden Credit Card Debt


          From This is Staffordshire: A mother killed herself on the day she thought bailiffs were coming to repossess her home, an inquest heard. Tina Bennett, aged 40, was found by her son Anthony, and husband Michael, at the family home in Kidbrooke Place, Blurton, on May 11 this year. She had hanged herself using the cord from two dressing gowns, ... Read More »

            I Moved to Germany From the UK But Need to Deal With My UK Debt Now. – Jon

            “Dear Jon, I moved to Germany in April. With around £20k of outstanding debt in the UK in a debt management programme which I’m paying. I also left a £1250 overdraft and have fallen into arrears on the mortgage I have on my flat which I currently let to a friend of a friend. The arrears on my mortgage (around ... Read More »

              I’m Living in South Africa and Traveling to the U.S. But Have Unpaid NatWest UK Debts. Will I be Arrested at Heathrow? – Warren

              “Dear Jon, I was living in London in 2004/2005 on a 2 year working holiday visa. I left to come back to South Africa and never closed my Natwest Account or cancelled my vodafone contract (the guy on the customer service line said I can just let the contract run out, it was for 18 months, but he was misled ... Read More »

                Go Ahead, Take a Guess Which Countries Have the Most Credit Card Fraud

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                Now here is a study that will probably surprise some people. A recent survey by the Aite Group and ACI Worldwide of consumers who experience credit card fraud found some countries are much more at risk of consumers having their credit cards used fraudulently. As someone who has lived and travelled to many countries outside of the United States, a ... Read More »

                  MBNA UK Offers 20 Month 0% Credit Card. U.S. Consumers – NOPE

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                  Bank of America’s UK subsidiary MBNA has announced a new low-fee MBNA Platinum Credit Card is available for UK consumers exclusively on MBNAs UK website. New customers will receive 20 months at zero per cent interest on balance transfers with the new card, as long as they are made within the first 60 days of opening an account. – Source ... Read More »

                    UK Doorstep Debt Collector Dragged to Car and Robbed at Knife Point

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                    Last week a UK door-to-door debt collector was targeted and robbed with a knife held to her side. The Manchester Evening News is reporting the woman had just left a house and was on the way back to her car in Duchess Street in Shaw at about 8pm on Friday October 12 when she was confronted by a man who ... Read More »

                      StepChange Debt Charity to Become Sexy New Name for Consumer Credit Counselling Service UK

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                      According to news reports, CCCS of the UK, which is not affiliated with CCCS in the U.S. has decided to change their name from Consumer Credit Counselling Service to StepChange. This trademark for StepChange was filed by Foundation for Credit Counselling. On 1 June 2012 this trademark application was filed and on 17 August 2012 the acceptance of this trademark ... Read More »

                        Load Me Up on Payday Loans Say Some UK Residents

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                        Consumer Credit Counselling Service of the UK is reporting they are seeing more people with multiple payday loans who are contacting them for help. So far in 2012 they say about 2,000 clients have contacted them with five or more payday loans. The numbers got higher, 173 had ten or more as compared to 42 in 2009. With purse strings ... Read More »

                          I Owe Money in the UK and Live in the USA. Creditors Are Harassing My Parents. – Jason

                          “Dear Jon, Owe money in the UK, left the UK about 6 years ago to live in USA. When i first moved to the USA i was getting calls and letters from creditors from the UK, it has almost stopped with there calls until now they have started sending mail to my parents addres in the UK. I have asked ... Read More »

                            Can I Go Bankrupt in the UK Instead of Germany? – Eward

                            “Dear Jon, Lived in Germany and had business which is goinging into bankruptcy next week owing 400.000 Eur. There are taxes and social costs outstanding and I will be liable for them so I will be forced into personal bankruptcy my lawyer says. I own a house jointly with my wife in Germany which has a mortgage and little equity. ... Read More »

                              I Owe Some UK Banks But Now I Live in Bangladesh. – Anondo

                              “Dear Jon, I have some uk bank creditcards (£3500) and loan £6000. due to unavoida ble circumstances I have to go back to Bangladesh soon and i am not in a position to pay off the debt. i am out of money at the moment. I would like to know whether bank and other credit card companies chase me in ... Read More »

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