A third of students run up extra debt on top of their student loan – and 12% don’t expect ever to pay back what they owe

Nearly a third of full-time students run up debts of more than £3,000 on top of their student loans, research suggests.

And one in eight do not expect to ever be able to pay …
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Strawberry Vale residents in East Finchley sue for compensation from Peabody Trust for failing to supply gas after unexpected shutdown in January

Residents of an East Finchley estate left without a gas supply for months are seeking compensation from the group managing supply for ‘considerable debts’ racked up at the time.

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Almost a third of full-time students ‘juggling debts’

Nearly a third of full-time students are juggling debts other than their student loan, including those from credit cards, overdrafts and cash from family and friends, research has found.

Some 31% of full-time students aged 18 …
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Property funds, equity release, debt and pensions

Standard Life Investments has become the latest financial institution to announce plans to reopen its suspended property fund after declaring that the commercial property market had stabilised, The Times reports.

The announcement that its UK Real …
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More than 1.5m UK households in extreme debt, says TUC report

About 1.6m UK households are living in extreme debt, according to a report by the TUC, which says official figures underestimate the intense burden of repayment on many families and individuals.

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Family debts cause mental health problems in kids

When parents are struggling with money problems they may think they already have enough to worry about, but a report by The Children’s Society has added to their woes: their research has found that parents are …
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Debt management firm fined over unwanted texts

A debt management company has been fined £40,000 after sending unwanted marketing texts to consumers.

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UK debt: Gilt complexities

The UK government revived a centuries-old tradition earlier this year when it convened a meeting of the Commissioners for the Reduction of the National Debt for the first time since 1860. Over dinner at the …
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Even the rich and famous still have student loan debt

Soon, disclosing how much student debt you have may be as commonplace as talking about where you went to college.

“Whiplash” star Miles Teller made headlines recently when he told New York Magazine’s entertainment …
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Famous Khru Noi children’s home to close due to debts

Ban Khru Noi home set up in 1980 to care for children from poor & broken families to close Sunday due to continuing debt problems.

The famous Ban Khru Noi home for children (shelter) announced …
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