Millions Miss Bills as Finances Bite

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An estimated 4.1 million people are in financial difficulty owing to missed domestic or credit bills, a major study has found. These consumers – most likely to be aged between 25 and 34 – have failed to pay bills in three or more of the last six months. The findings come as part of a […]

The cities where tens of thousands have problem debts

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In at least 10 areas of the UK, more than a fifth of the residents are missing bill payments repeatedly, according to research. New figures from the Money Advice Service suggest inner-city areas are the worst affected. In Newham, in the East End of London, and Sandwell in the West Midlands, at least 22% of […]

Credit Rating

Ways To Increase Your Credit Rating Quickly

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Your credit rating is pretty important in life. It determines whether you get approved for mortgages, credit cards or loans, and is a factor for impacting the interest rates you’ll pay on each of these as well. An improved credit rating means lower interest and insurance rates. Many people are unhappy with their credit score, […]

Debt Management Questions

5 Debt Management Questions Answered

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At Enjay Debt Management, we know that being in debt can usually be a period of embarrassment and loneliness. Often, our clients tell us that they struggled to find somebody to turn to regarding information and guidance whilst remaining confidential. This is where we can help. We don’t want you to struggle to seek questions […]

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Payday Loans can be a nightmare, but they can also be a saving grace for those emergency financial situations. Whilst Enjay Debt Management does not recommend the use of Payday Loans, we can’t stop consumers from using them. We strongly support our customers in making informed decisions, so here’s a list we’ve compiled on Payday […]

How Does The Budget 2016 Affect Me?

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Last month saw George Osborne deliver the 2016 Budget, something he described as being for “the next generation”. Whilst it is great that the chancellor is looking ahead to the future, our customers want to know about right now. The Budget is always a controversial matter, but many are asking: “how does this affect my […]

The Debt Map of Britain

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Despite being a relatively small nation in terms of size, there are incredible divisions across the UK that regularly sees different areas being placed into different categories. The debt map of Britain is no different, with certain regions of the country seeing far higher degrees of debt than others. A lot, inevitably, depends on the […]

The Rise In Household Debt Could Force Bank Of England To Act

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The increase in household debt across the UK has been sharply rising for quite some time. In December 2015, official data reported that individuals in Britain had taken on unsecured debt at the fastest rate in almost a decade, with a staggering £4.4bn borrowed through both credit cards and in personal loans. As the problem […]

Schools Aren’t Teaching Students About Debt

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There is a serious shortage of financial education in schools, according to two new surveys undertaken by the financial education charity, IFS University College. The results found that huge numbers of people are leaving school without knowing enough about managing their finances. According to industry experts, this could have long term implications for the UK’s […]

Potential Debt Disaster for the UK?

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In just six months, the amount of household debt in the UK has increased by two-fifths, a report published by Aviva’s Family Finances has discovered. The figures show that the average debt experienced has risen to £13,520, from £9,520 last summer. These statistics, that don’t take into consideration mortgage debt, are the highest levels for […]