trust deed News

Consumers are tightening their belt and slashing household luxuries amid fears of job insecurity and a plummeting economy, says debt solutions company; Trust Deed Scotland.

A report published by Experian has shown that the Fife towns of Glenrothes and Kirkcaldy have the highest rates of insolvency in the UK. In Glenrothes, for every 10,000 people, 80 were made insolvent in 2010.

TrustDeedScotland.net, the leading introducer of Scottish Trust Deeds has released a new debt infographic demonstrating some of the key facts affecting the country’s personal finances at the present.

Household luxuries are being slashed by fearful consumers amid concerns of a plummeting economy and job insecurity, says Scottish Trust Deed Company.

A report by the House of Commons Transport Committee has warned that there is a higher number of ‘stage car accidents’ in recent years.

Debt worries are leading to mental health problems for many consumers, according to a charity based in Plymouth called Mind. One in six calls being received by Mind in Plymouth is now related to financial stress, according to BBC reports.

Recently trustdeedscotland.net ran an advertisement on Scottish Television (STV) to promote debt solutions that uses government legislation to pay back their creditors. Viewing in Scottish cities such as Glasgow and Edinburgh.

A CCCS spokeswoman said that of those who called the charity, couples faced the highest average debt at just over £30,000. This was followed by single men, with an average debt of £19,830, and single women at £16,937.

New research shows that Scottish debtors are being misled by companies offering Protected Trust Deed advice and services. Trust Deed news.

The Protected Trust Deeds Working Group has considered whether changes need to be made to ensure Protected Trust Deeds remain both fair and fit for purpose.

LJL Funding, the manager of the LJL Secured High Yield Income Fund, announces a two-year annualized return of 10.06% as of Dec.31, 2008. The Fund provides secure, high yield returns through the use of a high equity position trust deed mortgage fund.

The Prime Minister called for the world economic powers to create a governing body to monitor the global economic situation and warn of tell tale signs that could lead to any kind of repetition of the current economic disaster we are currently facing

YouGov is an independent research company commissioned to carry out the survey in association with R3, the UK trade body for Insolvency professionals. It has confirmed many people's fears that unsecured debt is an increasing problem in the UK

During the last six months, household consumption continued to grow slightly, despite the rise in food and fuel costs, debt levels rose and house prices fell. In the same period wages have stagnated and reduced in real terms.

According to a BBC report today, Britons borrow on average twice as much as their European cousins. What is this deadly love affair all about? Read on for an insight into the disaster rollercoaster ride we all seem to be embarking upon

A report from the BBC today has outlined the findings of a report by the Griffiths Commission on Personal Debt. They want an end to aggressive marketing techniques for credit products, saying debt is too easy to come by.

Pay Day loans where you borrow against a post-date wage cheque seem to be gaining in popularity due to the credit crunch. However, the true cost of this type of borrowing could be up to the equivalent of 2000% APR according to a BBC report today