Refinance Home – Bad Credit Loans

Some 1.54 million people sought advice from free debt counselling services in 2011, up from 1.4 million the previous year, according to the Money Advice Trust.

A survey carried out on behalf of the debt advice charity by the University of Nottingham suggested that nearly a quarter of the UK adult population is in a “constant struggle” to manage their debts. The study found that some 2.5 million people are in arrears on at least one consumer credit product, household bill or payment.

The report predicts a sharp rise in the number of people seeking free advice about their financial situation as rising inflation, higher levels of unemployment and slow wage growth put pressure on consumers’ incomes.

Joanna Elson OBE, chief executive of the Money Advice Trust, said: “2011 was a tough financial year for many families across the UK; unfortunately more people are likely to struggle in 2012.

“With unemployment rising and wage growth relatively flat, while prices are going up, it’s going to take a greater proportion of household income to heat your home, put food on your… Continue To Read This Post..

Those living in the UK know more than anyone else that the global recession is just that — global. It’s not something that only affects the US, even though they’re the ones getting most of the attention. It’s actually time for people to realize the power of taking back their finances in any economy — yes, even when the economy is as unsure as what we’re going through. You don’t have to feel like all hope is lost.

The best way to go is to look at free business listings to make it happen. You will want to build a financial blueprint that you can use to change your life from start to finish, right? Well, in order to do that you’re going to want to actually make sure that you focus on the big stuff, like going to get credit counseling for your debts.

Talking to a seasoned credit professional can help you reset your mind when it comes to finance. Even though we all think that we know everything that there is to know about finance stuff, you… Continue To Read This Post..

Over-55s who face potential care bills of £35,000 a year do not believe they should have to cover the cost of staying in a retirement home themselves, according to a report from Aviva.

The insurance firm’s Real Retirement Report found that some 70% of the over-55s surveyed said they should not have to pay for care out of their own pocket.

But despite the fact that the government does not offer any help to older people requiring care that have over £23,250 in assets – which forces many pensioners to sell their homes to pay for care – just 2% of over-55s have long-term care insurance in place.

The Dilnot Commission recommended in July that the state should step in when an individual requiring care was down to their last £100,000 and that the amount any person paid during their lifetime should be capped at £35,000.

Respondents who felt they should pay something towards their care thought an appropriate contribution would be just £3,600 over a lifetime. Typical care costs average around £35,000 a year which older people requiring care… Continue To Read This Post..