Though debt can happen to anyone, this doesn’t give creditors permission to embarrass people, call them at all hours of the day or threaten individuals. In fact, there are creditor harassment laws in Scotland to protect people from such issues.…
Debt happens to everyone. Over time, however, it is important that consumers learn their rights so that they do not have to deal with harassing phone calls and other communications from creditors and collection agencies. Since 1997, citizens of Northern…
Debt happens when a person falls behind on their accounts and payments. This can happen because of loss of job or income or because of unexpected bills and expenses, among other issues. When an account falls behind, then a creditor…
When a credit reporting agency keeps track of a person’s financial activity, the company will also include any name differences submitted by a lender. This means that while a person may have an original legal name on file, two or…
Financial laws in the United Kingdom allow consumers to not only be allowed access to the credit report but to also be provided a written copy of the latest records from credit reporting or referencing companies. Section 7 of the…
People often believe that the only time it’s important to earn a good score is during school. Getting high scores on exams as a young student ensures the opportunity to secure a good education moving forward, which in turn increases…
What Is On Your Credit Report File In The UK A firm that is offering you a financial product (including utility companies and store card issuers), insurance, a loan or a mortgage will likely require a credit check with one…
In Northern Ireland, debtors with long-existing debts are protected from harassment by Limitation Order 1989. According to this Order, any debt which is deemed barred (or non-collectable) after a specified length of time as designated in legal statute terms, is…
If you currently find yourself overwhelmed with debt in the UK, take heart. The average debt per citizen in 2012 stands at £5,991. While you are definitely not alone in your negative debt situation, there is absolutely no need to…
Every consumer should understand that there is a difference between a secured and an unsecured debt. Secured debts are debts that are attached to an item of value, such as your automobile or your home. Failure to pay these debts…
To fund local government services, a council tax was enacted in England and Wales. These taxes are based on the value of the property in 1991 and are divided into eight sections in England rated A-H and nine in Wales,…