CCR Magazine

Subscribe Here
You are here  :Home arrow News arrow Increase In The Number Of Self Employed Seeking Help For Personal Debt Issues
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines

Headlines

 
Commercial Credit News

Headlines

 
Increase In The Number Of Self Employed Seeking Help For Personal Debt Issues PDF Print E-mail
Thursday, 09 March 2017
“Any increase in national insurance for the self employed could prove very harmful to the personal finances of tens of thousands of people across the UK.  

“In such a challenging economic environment, individuals working for themselves to make a living are often at the sharp end of any cutbacks in consumer or business spending. The number of self employed people currently undertaking an IVA (Individual Voluntary Arrangement) to tackle personal debt issues is on the rise, increasing from 5.76 per cent of all applicants to 7.88 per cent in the last 12 months.

“It’s a real concern that the changes announced today will take even more money away from these individuals, with the potential to tip the balance and force people into borrowing more and increasing personal debt in order to make ends meet.”

Pearse Flynn, CEO of Creditfix
 

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

CSA

subscriptions

CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


 

Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road
Southend-on-Sea
Essex
SS1 1EP

Registered in England No: 05483197