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Archive for December, 2009

£4m extra pledged for debt advice

Housing Minister John Healey has extended free debt advice for families facing the threat of repossession, with an extra £4 million to go to debt advice agencies, as well as 80 court desks across the country.
36,000 cases have been seen by the court desks over the past year, and more than [...]

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Credit card borrowers angry over lenders’ tactics

The Nationwide Building Society has found that 56% of credit card customers would be left angry (38%), shocked (8%) or surprised (10%) if they found out that their credit card provider pays off their cheapest debt first.
The largest mutual operates a positive order of payments, which means the customer’s most [...]

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