Individual Voluntary Arrangements (IVAs) can offer a flexible solution out of debt. As outlined in our previous infographic on bankruptcies, IVAs are becoming increasingly popular options. The following infographic explains the benefits of IVAs and how the process works. If … Continue reading
Tag Archives: debt
Quarter of SMEs use personal credit to survive
Research published by Experian has revealed that 25% of owners of small and medium sized business have used their personal finances to support their business. Of those, nearly one third have used mortgages to inject cash into their business, thereby … Continue reading
Plans to curb payday lenders don’t go far enough
The Financial Conduct Authority, which will take over responsibility for the regulation of the consumer credit industry in April next year, has published its plans to provide better protection for consumers. Payday lenders will face tighter rules on how they … Continue reading
Don’t let a lack of confidence damage your business
CHANCELLOR George Osborne’s announcement of faster than expected economic growth in the first quarter of the year may have received a muted response. But from where I’m sitting, even a small sign of improvement in the economy should be welcomed. … Continue reading