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UK

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 »

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

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    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

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      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 »

        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 »

              I Left London and Moved Out of the UK But My Roommate Never Paid the Rent. – Liliana

              “Dear Jon, I was living in london for a year, after I came back to my country, I knew that my room mate never paid the rent to our land lord, i was in the warranty´s papers How I can know if i am in a list for debtors in London??? Liliana” The Answer Liliana, There really isn’t one place ... Read More »

                My Mum Took Credit Cards Out in My Name When I Was in Prison in the UK. – Bridget

                “Dear Jon, I come from a difficult background and my mum is the person who took various cards out in my name, while i was in prison! She says it’s because she was struggling with her five year old son and was struggling to make her way up to see me on prison visits etc! Which I don’t find good ... Read More »

                  I Am the Guarantor for My Daughter’s Car in the UK and She Can’t Pay. – Marie

                  “Dear Jon, I went guardtor for my daughter for car and she cant pay for it as her circumstances have changed she had a baby and only works partime gets about 400 a month car is 293 amonth she has made agreement to lower payment but stopped paying now i am resposible but i have mobility car so i dont ... Read More »

                    Will Natwest and O2 Arrest Me When I Return to the UK? – Jed

                    “Dear Jon, I have a credit card debt from Natwest less than £500 as well as an O2 bill. I left the country a bit more than three years ago. I didnt receive any phone call or letter from them for the fact that i was no longer in the UK. Now i’m going back for a visit. Would I ... Read More »

                      I Moved From the UK But Left Debt. Is My House in the EU at Risk? – Fedra

                      “Dear Jon, I need your advice, I have been working in the UK for 3 years , then moved back to my home country in the EU , where I have my own house., without any mortgage. I have left about 10.000 pound of debt behind me in the UK. I am just wondering if I am going to put ... Read More »

                        Holy Crap – UK Consumer Loans Double Overnight

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                        It what can only be explained as a desperate attempt for UK residents to stay afloat using borrowed money, new figures out show a very disturbing trend in the amount of loans and overdrafts. According to statistics from the Bank of England, unsecured consumer lending on loans and overdrafts doubled from £379 million in April to £732 million in May. ... Read More »

                          I’m Worried About Being Stopped at the UK Border for an Old Debt. – David

                          “Dear Jon, My situation is this,im a uk citizen but live abroad for most of my life,i went back to the uk on 2005 and stayed there until 2008 within that time i opened a couple of credit cards and a samll loan ,in 2008 i had to leave the uk and nevesr repayed the credit card,loan or mobile phone ... Read More »

                            I Declared Myself Bankrupt in the UK But Worried About Charge Against My House. – Hayley

                            “Dear Jon, I have recently declared myself bankrupt and this was all agreed and I have an official receiver whom I am providing information to, old banks statements, credit reports and personal information about my working life and why I got into debt. However before I was declared bankrupt I had a loan where the company would not agree a ... Read More »

                              My Husband Died in the UK and I Paid His BarclayCard Balance But Now Assisted Probate Services Wants More. – Jax

                              “Dear Jon, In december 2009 I lost my husband in a road accident.In january 2010 I received a statement from barclaycard with a balance of £110 that had paid for my christmas gift from my husband to me.I paid the balance in full and cancelled the card after explaining the circumstances.The card was solely in my late husbands name and ... Read More »

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