Credit given to consumers without income checks

June 18, 2008 · Filed Under Finance News · Comments Off 

LONDON (Reuters) - Almost five million people have been granted credit cards in the past year without having to prove their income, according to research.

Some 84 percent of successful credit card applicants — 4.8 million people — were not asked to provide any proof of income, such as payslips, to support the figures stated in their applications in the past 12 months, according to a YouGov poll of 4,048 people.

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How to deal with the bailiffs

June 13, 2008 · Filed Under Your Money · Comments Off 

With fines and debts worth millions of pounds going unpaid every year, bailiffs are busy as never before.

If you are having problems paying a fine, contact the court or relevant organisation and try to negotiate with them.

If they don’t know your situation, they could assume the worst - that you have no intention of paying.

Once it reaches this stage, the debt could be passed to a debt collection agency or a warrant might be issued by a court which authorises a firm of bailiffs to try to recover the debt from you.

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