Research has shown that people with debts problems avoid tackling with the issue because they don't know how to go about fixing it. Here Mike Thomas shares his Debt Survival Kit.
Can you imagine putting coins into a slot machine to watch your TV? This is exactly what some of the UK's poorest households have to do in an attempt to clear their debts. Moneywise Debtwizard Mike Thomas unveils the Pay-as-you-view loan market.
Going insolvent through bankruptcy or an individual voluntary agreement is not a step to be taken lightly. Mike Thomas weighs up the pros and cons of each option.
As our dissatisfaction with the high street banks reaches boiling point, Mike Thomas introduces Credit Unions as a local, friendly and fair alternative.
As more and more debt firms are being found to fall short of the Office of Fair Trading's Debt Management Guideline, Moneywise's Debt Wizard Mike Thomas says more should be done to name and shame the guilty parties.
When it comes to getting credit, the worst thing you can do is continue to blindly apply after being turned down once. Mike Thomas shows you how to go about repairing your rating.
As the number of consumer insolvencies continues to rise, Mike Thomas calls on the public and the banks to start supporting bankrupts instead of ostracising them.
Is there anything you can do to stop a bank taking money out of one account to pay off debts in another account you hold with them? Moneywise Debtwizard, Mike Thomas, investigates.
While some people may think those who are bankrupt deserve to face harsh restrictions, Mike Thomas says banks are only making the problem worse by treating them like pariahs of society.
