Advice on dealing with debt

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News articles:
The return of negative equity?

Incompetence at the Bank of England ?

Is the housing market bubble about to burst?
Worst crisis for 20 years, say banks
Borrowing costs to rise as a result of credit market turmoil
Home repossessions 'rise by 30%'
Wake up call for investors
More than two million people are permanently overdrawn
Blair's legacy is a nation engulfed by debt
Mortgages eat up half wages of some first-time buyers
Savings rate drops to lowest level since '60s
Bank chief hints at rate rise to 6pc
Student debts break £3 billion
House prices rise modestly in June


 

 

 

 

 

 

 

 






 

 

 

 

 


 

 

 

 

 

 

News articles

News relating to debt issues and the growing indebtedness of individuals, companies and society. The hyperlinks (in red) take you to a short synopsis of the article:

The return of negative equity? Are we about to hear this phrase a lot more...

Bank of England's incompetent handling of Northern Rock
Sept. 16, 2007 - ©DCE

Worst crisis for 20 years, say banks
Sept. 9, 2007 - Sunday Times

Borrowing costs to rise as a result of credit market turmoil
August 16 2007 - Reuters

Home repossessions 'rise by 30%'
August 3 2007 - BBC website

Wake up call for investors
July 28 2007 - FT.com

More than two million people are permanently overdrawn
July 20 2007 - Reuters

Is the housing market bubble about to burst?
July 15 2007, ©DCE

Blair's legacy is a nation engulfed by debt

July 6 2007 - Telegraph.co.uk

Mortgages eat up half wages of some first-time buyers
July 5 2007 - Guardian Unlimited

Britons’ savings rate drops to lowest level since 1960
June 30 2007 - The Times

House prices rise modestly in June
June 18 2007 - Reuters

Bank chief hints at rate rise to 6pc
June 11 2007 - The Telegraph

Student debts break £3 billion
June 11 2007 - The Telegraph

Property Prices: Are They Heading For a Fall?
May 1, 2007 - Daily Reckoning

 

 

 

 

 


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Debt Cutting Expert is an independent advisory website based on journalistic research and does NOT constitute financial advice. Any information should be considered in regard to specific circumstances. All suggestions are followed at your own risk and should be checked-out with your own research.
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Directgov - Dealing with debt problems

PricewaterhouseCoopers claims that Britons now spend almost one fifth (19%) of our disposable income paying off debts. This is even higher than at the start of the last housing crash in 1989.


When the economy is in recession it is quite difficult to get a loan even with a good idea. When the economy is booming its is easy to get a loan, even with a bad idea. It's never been easier to borrow money! Funny how banks never learn this lesson (June 2007)