IVA : B.B.A. Looks For New Code Of Conduct.

The British Bankers' Association (B.B.A.) are looking for involvement from debt advisory companies to assist in developing a new code of conduct for the debt advice industry, which is hopefully going to introduced before Easter.… Read more

Christmas 2006 saw the amount of money spent on credit cards rise to a new record.… Read more

USwitch, the website that compares prices and products of different companies, and offers the option of changing suppliers, has said that credit card issuers are fueling the debt crisis.… Read more

Two of the largest debt advice companies in the UK are feeling the effects of the tightening restrictions that creditors are placing on Individual Voluntary Arrangements (IVAs).… Read more

A new study by the Consumer Credit Counselling Service (CCCS) suggests that thousands of women are reluctant to declare themselves bankrupt because of the social stigma attached to it.… Read more

The British Bankers Association (BBA) are to review whether or not there is a case for 'home inspectors' to be used as part of the Individual Voluntary Arrangement (IVA) application process, in their effort to reduce the amount of Individual Voluntary Arrangements (IVAs) that are being applied for.… Read more

The Office of Fair Trading (OFT) has criticised companies offering debt advice for misleading customers.… Read more

The rate of inflation has risen to an 11 year high of 3% per annum. The governments preferred indicator, The Consumer Prices Index, rose 0.6% in December pushing it well past Chancellor Gordon Browns 2% target.… Read more

The Bank of England has raised interest rates again by a quarter percent, from 5% to 5.25%.… Read more

A new website, set up by accountants and lawyers, has been launched to help with the transparency of the debt solutions industry, specifically IVAs (individual voluntary arrangements).… Read more