News Archive

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‘Significant’ number of brokers owed commission by failed debt firm
Wednesday 28th July 2010
It has emerged that one of the biggest debt management providers operating in the intermediary sector has entered liquidation proceedings, owing a ‘significant’ number of brokers

Bank worker embezzled £150,000 to pay off credit card debts
Wednesday 28th July 2010
An indebted bank worker has admitted to an £150,000 fraud after racking up £70,000 of credit card debts, according to a BBC news report. Janie Cameron, 29,

Consumer credit regulation may be taken from the OFT
Wednesday 28th July 2010
Consumer credit providers could be about to see some huge changes, as the Treasury reveals it may move the regulation of the industry from the Office

Northern Rock director banned for continued misreporting of mortgage arrears
Wednesday 28th July 2010
The FSA has fined the former finance director of Northern Rock, David Jones, £320,000 for publishing false mortgage arrears figures in the bank’s 2006 annual accounts.

Divorce on the rise again as debt-ridden couples save up for split
Wednesday 28th July 2010
Often the most unlikely signs can point towards the end of a recession, with divorce being touted as the new mark of economic prosperity.   That’s right,

One advisor, two debt management referrals and over £600 commission
Wednesday 28th July 2010
Darren Newton, mortgageforce Having recently signed up to the EuroDebt Introducer Scheme, Sleaford-based mortgage advisor, Darren Newton, has already been able to help two of his existing

Fraudulent mortgage broker foiled by Sainsbury's
Monday 26th July 2010
A corrupt financial advisor who swindled his clients out of £316,000 worth of pensions and savings is now behind bars, thanks to Sainsbury’s Bank.  Middlesborough-based Dr Adrian

Barclays banker jailed after stealing £300,000 from clients to buy a house
Monday 26th July 2010
A former Barclays personal banker has been jailed for three years at Bristol Crown Court, after swindling £300,000 out of two of his banking clients to

Estate agent silent after advert banned by watchdog
Monday 26th July 2010
By Stephanie Baxter An estate agent in Essex has been banned from using a prize promotions advert, after the Advertising Standards Agency ruled that  it breached the

Over a third of debtors blame relationship breakdown on their money troubles
Monday 26th July 2010
By Stephanie Baxter  The human cost of debt can be just as shattering as the economic consequences, according to a recent survey by a leading debt charity.

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