Brits Urged to Deal With Their Debts. Pay Off Credit Cards to Help Economy.

In a somewhat follow-up bit of news to my article yesterday, Should We Eliminate Consumer Debt For Everyone and Start the Economy Over the British Prime Minister David Cameron was scheduled to tell UK citizens “The only way out of a debt crisis is to deal with your debts. That means households – all of … Read more

Debt Collectors Get New Rights to Break Into Homes

Debt collectors in the UK have been given new powers to collect debts at a time when consumers are facing growing economic tension and uncertainty. Under the new regulations debt collectors would be allowed to force their way into home, restrain residents and seize property in order to pay off credit card bills. It is … Read more