{"id":70206,"date":"2017-10-27T19:16:53","date_gmt":"2017-10-27T12:16:53","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/rise-in-personal-debt-agreements-add-to-concerns-about-uk-debt\/"},"modified":"2017-10-27T20:04:22","modified_gmt":"2017-10-27T13:04:22","slug":"rise-in-personal-debt-agreements-add-to-concerns-about-uk-debt","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rise-in-personal-debt-agreements-add-to-concerns-about-uk-debt\/","title":{"rendered":"Rise in personal debt agreements add to concerns about UK debt"},"content":{"rendered":"


\nApplications for individual voluntary arrangements (IVAs) reach highest level since introduction in 1987British households are increasingly struggling with problem debts, according to alarming official figures, in the starkest indication yet of the UK slipping into the red. Government statistics for England and Wales show applications for individual voluntary arrangements (IVAs) \u2013 a means of managing personal debt \u2013 reached their highest level since they were introduced in 1987.The spike in their usage comes amid a 10.6% increase in wider insolvencies since the end of June. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Rise in personal debt agreements add to concerns about UK debt<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Applications for individual voluntary arrangements (IVAs) reach highest level since introduction in 1987British households are...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-70206","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-igm","jetpack-related-posts":[{"id":60184,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-cheap-car-loans-steer-britain-to-a-financial-crash\/","url_meta":{"origin":70206,"position":0},"title":"Will cheap car loans steer Britain to a financial crash?","date":"July 8, 2017","format":false,"excerpt":"\r The car-led consumer credit explosion must be controlled, perhaps by bringing in affordability rules as with mortgagesIf you think Britain is teetering on a cliff-edge of impossibly high personal debt, then the website of The Car Finance Company will confirm your worst fears. Maybe you don\u2019t have a job\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":58268,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/middle-class-life-and-debt-even-on-a-good-salary\/","url_meta":{"origin":70206,"position":1},"title":"Middle-class life and debt, even on a good salary","date":"October 4, 2009","format":false,"excerpt":"\r The credit crunch is taking its toll among the middle-class. As Jill Insley explains, many just don't know how to stop spendingHigh earners are struggling with debt as much as people on low incomes, according to financial experts and advisory charities. The withdrawal of easy credit as a result\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":981,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-consumer-debt-reaches-seven-year-high-in-uk\/","url_meta":{"origin":70206,"position":2},"title":"New consumer debt reaches seven-year high in UK","date":"January 3, 2015","format":false,"excerpt":"\r Consumer helplines sound alarm bells as new borrowing on credit cards, loans and overdrafts in November tops \u00a31.25bn Consumer helplines have sounded a warning after Britons ran up their highest level of new debt in November for nearly seven years, with the month\u2019s borrowing on credit cards, loans and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137103,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-renters-almost-twice-as-likely-to-struggle-with-debt-than-uk-general-population\/","url_meta":{"origin":70206,"position":3},"title":"Private renters \u2018almost twice as likely to struggle with debt than UK general population\u2019","date":"May 23, 2023","format":false,"excerpt":"\r Charity says stronger protections are needed or people will be left vulnerable to \u2018hair-trigger evictions\u2019Private renters are almost twice as likely to be struggling with problem levels of debt than the general population, with a sharp rise in the numbers in serious financial difficulty since January, research shows.The figures\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":78067,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-insolvencies-at-highest-level-since-financial-crisis\/","url_meta":{"origin":70206,"position":4},"title":"UK insolvencies at highest level since financial crisis","date":"January 26, 2018","format":false,"excerpt":"\r Personal debt balloons to \u00a31.6tn as record number of households turn to \u2018bankruptcy deals\u2019, figures revealThe number of people who went bust in 2017 soared to the highest level since the aftermath of the financial crisis, according to official figures that reveal the devastating toll of mounting debts on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63636,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-uk-debt-tide-is-rising-how-can-you-avoid-drowning\/","url_meta":{"origin":70206,"position":5},"title":"The UK debt tide is rising \u2013 how can you avoid drowning?","date":"August 14, 2017","format":false,"excerpt":"\r With total household borrowing now topping \u00a3200bn, we looks at options for those who find themselves in difficultiesCampaigners have long warned of the problem and it is now official: Britain has a growing debt problem at levels not seen since the global financial crisis almost a decade ago.Borrowing through\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/70206"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=70206"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/70206\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=70206"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=70206"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=70206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}