Tag: CAB

Soaring numbers calling CAB with debt problems

Soaring numbers calling CAB with debt problems

Research has revealed that the number of people contacting the Citizens Advice Bureau (CAB) for help with debt problems has surged by 20% in the last 12 months. The independent charity, which was established 70 years ago to help people with war-related problems, provides information and advice to help people with their money, legal, consumer [...]

December 2, 2009 | 0 Comments More
CAB sees increase in fuel debts

CAB sees increase in fuel debts

The Citizens Advice Bureau (CAB) said there is a growing increase in the number of consumers struggling with fuel debts. During April to September 2009, the CAB in England and Wales reported a 46% increase in the number of clients with fuel debts compared to the same period a year ago. David Harker, chief executive [...]

October 21, 2009 | 1 Comment More
Thousands call CAB each day with debt problems

Thousands call CAB each day with debt problems

The number of people struggling with debt problems has been highlighted by the Citizens Advice Bureau (CAB) after it emerged that the independent charity is taking around 9,300 new debt cases each day. The figures have been released to celebrate 70 years of the charity, which was originally established to help people with war-related problems. [...]

September 4, 2009 | 0 Comments More
Charging Orders – the latest threat to indebted homeowners

Charging Orders - the latest threat to indebted homeowners

The Citizens Advice Bureau (CAB) claims that lenders are increasingly threatening customers in England and Wales with charging orders, in attempts to intimidate debtors into making unaffordable repayments. A charging order is a means of securing an unsecured loan against equity in the debtor’s property. In a new report entitled “Out of order” the charity [...]

June 26, 2009 | 0 Comments More
‘Worrying gap’ in financial advice for over-50s

‘Worrying gap’ in financial advice for over-50s

The Citizens Advice Bureau (CAB) has warned of a “worrying gap” in the availability of affordable financial advice for people approaching retirement. People over 50 are often asset rich, but cash poor, and cannot afford to pay for the financial advice they need, the CAB said. Many people in this age group have complex questions [...]

June 12, 2009 | 0 Comments More
Debt worries mounting with recession

Debt worries mounting with recession

Consumers are increasingly struggling to pay off debts, according to figures released this week by the Citizens Advice Bureau (CAB). Debt enquiries to the Bureau increased 11% on year between April 2008 and March 2009, with the CAB advising 1.93 million people struggling to pay back debts. Redundancy enquiries during the same period soared by [...]

June 11, 2009 | 0 Comments More
Hull’s Citizens Advice Bureau set to close in autumn

Hull’s Citizens Advice Bureau set to close in autumn

Records show that debt enquiries have hit record highs recently as higher mortgage repayments and rising utility bills means that households are struggling. This has resulted in the Citizens Advice Bureau (CAB) being inundated with queries. However, one of the CAB’s busiest branches is being forced to close. The branch in Hull, which has renegotiated [...]

April 28, 2008 | 0 Comments More