News

03 / 10 / 18

Almost a third of Brits believe they’ll never pay off their debt

Online research from Equifax reveals nearly one third (31%) of people believe they won’t be able to pay off debt within their lifetime, and over one in 10 (12%) say they won’t even be able to reduce their debt levels.

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02 / 08 / 18

Interest rate rise adds pressure on those in debt

Following the Bank of England’s decision to raise interest rates, Richard Haymes, Head of Financial Difficulties at TDX Group, an Equifax company, explains what it means for people living in financial difficulty.

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27 / 07 / 18

More debt advice capacity needed as IVAs reach record levels

Following the release of the Q2 2018 Insolvency Service insolvency statistics today, Richard Haymes, Head of Financial Difficulties at TDX Group, an Equifax company, calls for improved debt advice services.

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16 / 07 / 18

East Anglia, Brighton and Newcastle residents most likely to be insolvent

Richard Haymes, Head of Financial Difficulties at TDX Group, an Equifax company, comments on the development of a two-tier debt economy and the divergent consequences for people on either side of the personal debt line.

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13 / 07 / 18

Divergent insolvency rates point to two-tier debt economy

Following the release of the Insolvency Service Individual Insolvencies statistics today, Richard Haymes, Head of Financial Difficulties at TDX Group, an Equifax company, comments why there is an increasing propensity for those under 35 to enter into personal insolvency:

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