- The big bank break up and the 4th anniversary of the Northern Rock collapse.
- It's also the Trumpo Blogs 4th Birthday, no coincidence-born out of despair.
- Mon 12th Sep 2011
- Up to one in six European banks fail financial health check.
- It's a scary story, but what does it mean? surely not another run on a few banks?
- Tue 28th Jun 2011
- Welcome back moneybrain.com
- The trumpo team are pleased to welcome back an old friend.
- Mon 13th Jun 2011
Debtors 'must research their options'
Tue 27 Nov 2007 4pm
People with debt problems must make sure that they fully understand their situation before taking action, a specialist firm has warned.Debt counselling service Thomas Charles & Co advised consumers to do their own "groundwork" before signing up to a debt management plan or individual voluntary arrangement.
Knowing what options are available and the level of their monthly expenditure will make it a lot easier for a person to organise a way of sorting out their debts, the company's managing director James Falla said.
He explained: "The key thing … is to understand your own situation.
"When you have a problem, the last thing that you really want to do is to put it all down on paper. But it's very, very important."
Mr Falla also said that the wealth of information available via the internet should make it easy for consumers to research their situation.
Recent research carried out by Thomas Charles and YouGov found that 15 per cent of Britons currently have debts of £10,000 or more.
