Category : Search result: Personal Debt


Barefoot Investor's legal crisis over wedding loan essay

Australian financial guru Scott Pape faces legal turmoil after his controversial essay about a couple who funded their extravagant wedding through personal loans. Discover how financial advice turned into courtroom drama.

195,000 households get energy debts wiped clean

Major energy debt relief announced as regulator clears £25 million in outstanding bills for vulnerable households across Great Britain. Find out if you're eligible for this financial lifeline.

Surrey Labour splits over £1.2bn council debt crisis

Exclusive: Labour faces internal division in Surrey as two councils consider breaking away amid government pressure to address catastrophic local authority debt. The political earthquake threatens Starmer's authority in traditional Tory heartlands.

UK Credit Card Shock: 0% Offers Slashed

Exclusive: British cardholders are being hit with a double whammy as banks dramatically reduce interest-free balance transfer periods while hiking minimum payments. Discover how to protect your finances.

Trump's $7.8 Trillion Debt Bomb Exposes GOP Hypocrisy

Exclusive analysis reveals stunning Republican U-turn on fiscal responsibility as Trump-era policies and pandemic spending drive US debt to unprecedented levels, creating a political minefield for the GOP.

US per capita debt surpasses Greece and Italy

Stunning analysis reveals the average American carries more government debt than citizens of European nations notorious for fiscal crises. Discover what this means for global markets.

ATO enlists debt collectors for tax recovery

The Australian Taxation Office has escalated its debt recovery efforts by hiring private debt collectors to pursue billions in outstanding taxes. Learn how this affects taxpayers and what you need to know.

US National Debt Crisis Accelerates at Record Pace

The United States national debt has surged past a terrifying milestone, growing at its fastest pace in history. Experts warn this unprecedented acceleration threatens global economic stability.

HMRC Can Now Raid Bank Accounts for Unpaid Tax

HMRC gains controversial new authority to directly recover unpaid tax debts from millions of bank accounts without court orders, raising serious concerns about financial safeguards and taxpayer rights.

Global Debt to Hit 100% of GDP by 2029 - IMF

The International Monetary Fund issues stark warning as global government debt is projected to reach 100% of GDP within five years, with the UK facing particularly challenging economic headwinds.

Gen Z's loan-funded holiday crisis revealed

Young Brits are taking out personal loans to fund luxury holidays they can't afford, with one in five 18-24 year olds now borrowing for travel. Discover the risks and realities behind this worrying trend.

250,000 Brits borrowing to pay basic bills

Shocking new research reveals 250,000 UK residents are turning to credit cards and loans just to cover essential expenses, with energy bills becoming increasingly unaffordable.

ATO chases decades-old tax debts from Australians

The Australian Taxation Office is aggressively pursuing taxpayers for debts dating back 20+ years, using new powers to recover money many believed was written off. Thousands face unexpected financial shocks.

HMRC's 'Breathing Space' for 1.4M in Tax Debt

Exclusive: HMRC launches a major new initiative to help over a million individuals and businesses struggling with tax bills, offering flexible payment plans and pausing debt collection.

UK Car Debt Crisis Echoes 2008 Financial Shock

Exclusive analysis reveals British drivers are buckling under a record £70 billion car finance burden, with soaring defaults threatening a 'Great Recession' style economic tremor. Discover the ticking time bomb in the UK's auto loan market.

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