Pressure for HBOS relieved but not for those in financial difficulty

Lloyds TSB’s takeover of HBOS will have done much to relieve the pressure for HBOS employees and the business as a whole, but will have done very little to allay the fears and worries of all their customers and other people facing financial difficulties because of the economic climate in the UK at the moment.

The Council of Mortgage Lenders reported that 155,600 households had arrears of three months or more at the end of the first half of this year.

The National Debtline, the helpline that provides free confidential and independent advice and guidance on how to deal with debt problems, reports that they received over 4,000 calls in relation to first and second charge mortgages during June, July and August this year, up from 2,865 the previous year.

More than 50% of their callers are female and more than 60% of their calls relate to bank loans, overdrafts, credit and store cards showing there to be real concern amongst people about their financial stability.

You may feel that a further purchase may put even more pressure on your finances but it is still worth considering purchasing income protection as a financial safety net, but be wary of buying cover offered by your lender – shop around, as much cheaper and more comprehensive policies can be purchased via independent providers.

Income Protection is designed to offer protection if you were to suffer from a condition or injury that prevented you from working. Shorter term income protection policies (known as accident, sickness and unemployment policies) can also offer cover against unemployment and redundancy.

11 thoughts on “Pressure for HBOS relieved but not for those in financial difficulty

  1. Twyla says:

    Genau hier kommt Shapewear zum Einsatz, denn damit
    wird die Silhouette im Nu geformt ohne dass die Unterwäsche sich unter der Kleidung abzeichnet. http://mactahmincisi.com/index.php/component/kide/

  2. a do email, pois demora muito e depois a pagina fica branca e nada acontece, na verdade acontece, o email vai para o form de administração mais não vai para o cliente nem da para responder, sera que isso é devido o provedor ser o gmail?VA:F [1.9.20_1166]please wait…VA:F [1.9.20_1166](from 0 votes)

  3. Mohamed says:

    Always keep in mind that value of diamond reduces as much as ten %
    as a ressult of lower clarity. This policy will aid you to protect
    your ring in the case of home related damage or if your ring is
    stolen from home. This just really signifies that diamonds continue to be alll of which will regularly be a female’s every bride’s best friend. http://kameronfsfr924blog.shotblogs.com

  4. Every weekend i used to pay a quick visit this website, as
    i wish for enjoyment, for the reason that this this site conations truly good funny information too.

  5. おならが我慢しても出やすいのはストレスのせいかも!?最近、「おならがたくさん出やすい」「すぐにお腹が張る気がする」などの厄介な症状はありませんか?おならが急に出てしまうと、胃腸が悪いかと思って腸内フローラを整えるサプリメントを摂っても回復しない・・・そんなことはないですか?

    おならやゲップの理由原因!?呑気症(どんきしょう)とは何でしょう?おならの約70%は口から飲み込んだ空気です。呑気症は空気を無駄に飲み込んでしまい、胃などに空気が残されてしまう病気です。奥歯を噛みしめる人は、唾液とにつられて空気を飲み込んでしまうそうです。

  6. taxi lille says:

    Hi there, its good piece of writing regarding media print,
    we all know media is a fantastic source of facts.

  7. My brother suggested I would possibly like this blog.
    He was totally right. This submit actually made my day.
    You cann’t believe simply how a lot time I had spent for this
    info! Thank you!

  8. Neste guia, iremos entupir poucas táticas que nós, da Ingage, temos em razão de são eficazes para conseguir mais seguidores no Instagram. http://mpfpi.com/user-profile/userid/474443.aspx

  9. Hi, after reading this amazing post i am as well delighted to share my familiarity here with colleagues.

Leave a Reply

Your email address will not be published. Required fields are marked *