Posts Tagged ‘Social Issues’


New service available for those looking for money advice

Monday, April 11th, 2011

A new service has recently been launched to help consumers in the UK who are looking for advice relating to various areas of finances, ranging from debt and pensions advice to savings and mortgage advice. The service is a free and impartial one that is open to anyone that needs advice and assistance regardless of their financial circumstances.

The new service is called the Money Advice Service and has been launched through the government as an upgrade to its Consumer Financial Education Body, which was launched last year. The service will aim to offer impartial advice relating to a wide range of financial issues that can affect consumers, especially in the current climate, and will be welcomed by the many who have struggled to get financial advice relating to their debts because of the huge demand for these services.

There are a number of ways in which consumers will be able to access the new service should they wish to get advice. They can do this by going online to get the advice that they need, they can make a call to get advice, or they can even see someone in person if they prefer to do so. In addition to offering valuable advice this service will also provide consumers with access to a wide range of tools and resources that will help people to deal with easily with their financial issues.

An official from the Money Advice Service stated: “The Money Advice Service is here to make people’s lives easier and better. We’re not here to sell people anything and we won’t charge anyone – we are here to help people take decisions about their money and plan for a better future for themselves and their families.”

Tags: New, consumers, Social Issues, climate, future, assistance, charge

Estranged coupled being forced to live together due to negative equity

Monday, February 8th, 2010

As most homeowners will know falling into negative equity can bring with it many problems, not least of which is being tied to the home because the value of the property has fallen below the amount that is still owed on it. However, another problem that has been highlighted with regards to negative equity is that in some cases couples that have drifted apart or no longer want to be together are being forced to continue living under the same roof as a result of being in negative equity. (more…)

Tags: credit, negative equity, equity, mortgage, Social Issues

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