Debt Community

This is where we publish blog posts, articles, research and other debt related information. You'll also find contributions from site users in the debt story section.

When The Bailiffs Come Knocking...

Topic: Bailiffs | Posted: 1 week 4 days
  Being hounded by bailiffs can feel like a living nightmare. But knowing your rights will help you to manage the situation - even if you do not have the money to pay them to go away.   Here, we explain why bailiffs might come knocking at your door, and look at what you can do to protect yourself and your belongings.  

Energy Saving Tips

Topic: Money Saving Tips | Posted: 2 weeks 6 days
Just one in five consumers trust energy companies to tell them the truth, according to recent figures from consumer group Which?.   However, the good news is that new rules mean energy companies must now provide clearer and more detailed information that allows you to see exactly how much you are paying for what.   From this month, gas and ele

How to improve your credit score

Topic: Credit Rating | Posted: 4 weeks 12 hours
  Your credit score is what makes the difference between you being accepted or rejected for a credit card, mortgage or loan.   So making your credit file as attractive as possible to banks and other lenders is hugely important. There's no need to despair if past debt problems have damaged your credit score, though.  

Switching your current bank account could save you money

Topic: Banks | Posted: 4 weeks 2 days
  More than half of Britons never change their bank and stick with the same current account through thick and thin, according to new research from vouchers website TopCashback.   But current accounts have changed a lot over the last few years, meaning anyone who fails to shop around for a better deal is almost certainly losing out financially.

A Quick Guide to Home Insurance And How You Can Save Money

Topic: Money Saving Tips | Posted: 9 weeks 19 hours
What with all the horrifying images of waterlogged Britain in the media at the moment, it's easy to imagine how devastated you would be if your home was flooded.   Even with home insurance in place, the consequences of a disaster such as a flood or a fire can be horrendous.

Talkaboutdebt's Quick Guide to Debt Solutions

Topic: Debt Management | Posted: 11 weeks 1 day
UK households now owe close to £1.5 trillion on credit cards, loans and mortgages, according to figures from the Bank of England.   And many of those deepest in debt are struggling to cope with their repayments.   Here, we put the spotlight on the various debt solutions on offer from free debt advice organisations such as Debt Advice Fou

TalkaboutDebt Top 10 Money Saving Apps

Topic: Money Saving Tips | Posted: 11 weeks 5 days
There are some great money saving apps out there and we've come up with our Top 10 to help guide you through the maze of apps that are out there. We tell you where you can currently download them from, but be aware that some charge you to do this, so always shop around and check out the app reviews for the best ones to help you save money.  

The Perils Of Payday Loans

Topic: Misc. Debt | Posted: 12 weeks 5 days
Millions of Britons have used payday loans to see them through a short-term cash flow crisis. But while month-long payday loans give you quick access to extra cash, they are an expensive way to borrow – particularly if you cannot repay the full amount by the due date.

TALKABOUTDEBT'S TOP 10 CHRISTMAS MONEY SAVING TIPS

Topic: Money Saving Tips | Posted: 20 weeks 6 days
1. Make a budget  A typical family spends more than £820 on Christmas, according to YouGov - which just shows how important it is to budget in preparation. In fact, budgeting is a great habit to get into next year and the years after!

The nights are drawing in...so it's time to save energy and money!

Topic: Money Saving Tips | Posted: 31 weeks 15 hours
It’s that time of year again…and is it me, or does time fly that much faster with every year that passes? We’re left with memories of hubbie burning the sausages on Summer barbeques and toddlers squealing in paddling pools. (Well, at least we had a Summer this year.)

Is the UK still living beyond its means?

Topic: Money Management | Posted: 34 weeks 6 days
      A report was published earlier this month by the Government backed Money Advice Service and I'm sorry to say that it doesn't make for happy reading. I've highlighted just some of the key points made:

Is an IVA or individual voluntary arrangement right for you?

Topic: IVA | Posted: 36 weeks 14 hours
I was recently asked by Sarah Pennells, ex BBC journalist and founder of the wonderful SavvyWoman.co.uk website to write an article that would help those people struggling with debt problems to better understand how an Individual Voluntary Arrangement or IVA could help them depending on their personal circumstances.

Write about your personal debt experience

Topic: Misc. Debt | Posted: 4 years 12 weeks
We're encouraging you to write a short article about what it's like to be in debt based on your personal experience. The idea is simple - to encourage others who are in debt to learn from your experience and help them to realise that they're not alone with their own debt problems. Your article may include some of the following points:

Having trouble covering your monthly mortgage payments? You're not alone.

Topic: Debt News | Posted: 4 years 13 weeks
At the time of writing, millions of Britons are struggling to meet their mortgage or rent commitments and many of are resorting to extreme measures to keep on top of their payments. In fact, more than one million cash-strapped householders have actually used credit cards to pay their mortgage or rent in the last 12 months, according to research from the homeless charity Shelter.

When you're married and in debt, actions speak louder than words

Topic: Misc. Debt | Posted: 4 years 13 weeks
When you're married or in a relationship and in serious debt, the chances are your relationship is suffering.

79% of people in debt will not borrow again

Topic: Debt News | Posted: 4 years 14 weeks
Our research has received hundreds of responses over the course of the year. A statistic which has not suprised me but is a worry, is that 79% of people in debt are put off borrowing again. This being the case, how will people be able to get themselves back on track and leading life how they would like to?

68% say their work life is affected by being in debt

Topic: Debt News | Posted: 4 years 14 weeks
A survey has been running on our homepage for nearly a year now and some of the results are worrying. For example, 68% of respondents said that their work is being affected by debt.

7,800 people a day contacting the CAB

Topic: Debt News | Posted: 4 years 15 weeks
Money website 'Claims Financial' reported that the 'Citizens' Advice Bureau is dealing with 9,300 new cases a day from individuals seeking help with 1,000 people attempting to make debt consolidation arrangements each day.

10 Debt Myths Busted – A Must Read

Topic: Misc. Debt | Posted: 4 years 15 weeks
When you’re in serious debt one of the biggest hurdles you face is that people don’t tend to open up and talk about their problems. This might leave you thinking that you are the only one facing your problems.

What will it take to stop consumers’ annual descent into Christmas debt?

Topic: Debt News | Posted: 4 years 15 weeks
Will we ever stop spending money we don’t have? You might think that a long, drawn out recession would put a dampener on our need to spash out at Christmas. At the time of writing, however, the latest retail analysis figures show that the Boxing Day sales attracted the highest number of shoppers since records began.

UK’s Best Debt Advice Charities

Topic: Debt Companies | Posted: 4 years 15 weeks
The UK has a wide range of debt advice charities available. Collectively they help hundreds of thousands of people a year and provide valuable and free expert debt advice.

Things to avoid if you want to get out of debt

Topic: Misc. Debt | Posted: 4 years 15 weeks
Don’t rob Peter to pay Paul If you find yourself taking out new loans to pay back existing loans at expensive rates of interest because your credit rating is not as good as it once was, it may be time to stop and get help.

Start The New Year Debt Free

Topic: Misc. Debt | Posted: 4 years 16 weeks
On behalf of all of the team at Talk About Debt we'd like to wish all of the websites visitors a happy New Year.

Bad Credit Credit Card Debt Rises

Topic: Debt News | Posted: 4 years 35 weeks
It won't be a surprise to hear that credit card companies are noticing the fallout from giving consumers too much credit. The latest research from KPMG said there is a rising trend in defaults on unsecured loans such as credit cards.

Make Debt Management FREE

Topic: Debt Management | Posted: 4 years 35 weeks
Debt Management Plans are not a formal solution that requires you or your creditor to register the plan centrally.