Written by John Kruse, one of the leading experts on Bailiff Law, this consumer friendly guide is essential reading for anyone who comes into contact with a bailiff.
The book is easy to understand and clearly explains the rights
a bailiff has, and also what they cannot do when collecting debts and repossessing goods etc.
Government reveals change to credit card interest repayments that could save customers £500m a year
The Government has persuaded credit card providers to change the way they charge interest on uncleared bills - a move that could save nine million cardholders £500million a year in interest. Gordon Brown and Business Minister Kevin Brennan will announce the deal with card issuers tomorrow as part of a series of measures to ensure indebted cardholders are treated more fairly.
At present, most card companies treat a cardholder's monthly repayments as paying off their cheapest outstanding debt, leaving the most expensive part of their debt accruing often sky-high charges. An exception is Nationwide Building Society. For example, a borrower may use a card to withdraw cash. This attracts higher charges than uncleared debt resulting from spending. But when monthly repayments go to pay off a borrower's debt, these cash amounts are the last to be cleared.
A poll among consumers conducted as part of the Government's investigation into credit cards launched last year indicated that most users were unaware of this industry practice. Now the Government has secured a voluntary agreement from card companies that repayments will be applied to the most expensive debt. It hopes to follow this with legislation as 'soon as possible'.
Government reveals change to credit card interest repayments that could save customers £500m a year
on uncleared bills - a move that could save nine million cardholders £500million a year in interest. Gordon Brown and Business Minister Kevin Brennan will announce the deal with card issuers tomorrow as part of a series of measures to ensure indebted cardholders are treated more fairly.
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