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Michael Challiner's Articles in debt

  • Disabled In Debt
    Disabled people have lower incomes but often have extra costs associated with their impairment. This situation drives two out of five disabled people to seek loans and other forms of credit to meet the demands of higher living costs on a below-average income. The result is that many people are being driven into ‘problem debts’, which are often loans they are left unable to repay.

    The Leonard Cheshire disability charity is calling on the UK Government and the credit industr...
  • Uk Debt Increases: But It’s Nothing To Do With A Mortgage
    Debt charities have reported they are hearing from an increasing number of people whose spending is out of control.

    On average, people who turn to the Consumer Credit Counselling Service for advice owe £31,000 which does not include their mortgage.

    The rising trend means more Britons will need to reduce interest and actively manage debts. The large sums involved also mean that more will find themselves in the dangerous territory of unregulated loans.

    But in their des...

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