Harrington Brooks offer a Benefit Checking service as standard to those looking for a Debt Consolidation solution
Debt consolidation companies normally offer an range of services to suite the individual needs of a particular debtor, whether it be a debt consolidation loan or re-negotiation of repayment terms with creditors so the client can repay their debts at an affordable rate.
However, Harrington Brooks, the company behind this web site add extra value to their service by including; Benefit and Tax Credit Checking, service as standard; and this really proving to be of benefit to their clients as the extra money this provides helps them to be in a better position to repay their creditors.
This involves comprehensive review of the client’s’ state benefit and tax credit status.
This service is free of charge to the client and aims to:
- Advise clients so they are able to understand and claim their correct benefit and tax credit entitlement.
- Provide an expert source of advice and support for effective benefit and tax credit claims to be made.
- Ensure clients access additional grants, schemes and services as a direct result of correct benefit and tax credit entitlement being claimed.
Operations Manager, Karen Hough comments:
Clients for whom we identify a gap in their entitlement on average gain an extra £900 per year. Sinc
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Debt and the general strain of falling incomes on consumers is manifesting itself in bad food choices as people opt for cheap products instead of healthy ones.
This is the conclusion of a study by Prudential, which has found 22 per cent of shoppers are eating less healthily because of the rising cost of living.
Its research found 75 per cent of Britons have changed their eating habits since the recession of 2008-09 began, with 68 per cent saying healthier foods are more expensive.
One in six focus on the reduced-to-clear sections in supermarkets and 11 per cent only buy foods on special offer.
And half as many people seek to improve their diet with healthier foods than four years ago.
Head of clinical health at PruHealth Dr Dawn Richards said: “People are only too well aware of the need to eat healthily, but financial constraints are making it difficult, resulting in peoples health being negatively affected.”
Another area where consumers have trimmed spending is on DIY, with Lloyds TSB revealing this has fallen to its lowest level in 15 years.
Children may avoid getting into debt or other financial problems if they learn how to handle money skilfully at a young age.
This is the view of occupational psychologist and author of Taming the Pound: Making Money Your Servant, Not Your Master Kim Stephenson.
He said youngsters need to learn harsh lessons, such as not being able to use their mobile except for emergencies if they cannot pay the bill, or being made to go hungry until tea-time if they squander their dinner money on sweets.
“Children learning that the thing you do each month is save will end up doing it automatically – then the habit they have will be one that will help them.”
Parents may have a role to play by letting their children know how much things cost – such as spending on bringing them up.
Mums and dads carry out the equivalent of £32 billion worth of free taxi services for their offspring every year, according to research by Sainsburys Car Finance.
What makes a business successful, you might ask? The answer is clear. Money. And when the going gets tough, businesses without invoicing and any system to collect debt tend to feel the pressure. It is a simple fact that any business that provides credit to its customers must send them a bill as soon as it is possible and have ways to ensure that accounts are collected on time.
First and foremost, any business needs a systematic way to ensure that its invoices are paid within its trading terms. This includes a record that needs to be signed, setting out the trading terms. These include when the company will invoice, when payment must be made, and what the repercussions of not paying an account by the deadline will be. Read full post…
The economy cannot grow through consumers taking on more personal debt, the Trades Union Congress (TUC) has stated.
Discussing the upcoming Budget statement (March 21st), TUC general secretary Brendan Barber said the recoveries from the recessions of the early 1980s and early 1990s were driven by increased consumer spending.
“But with real wages still falling and the tax burden rising, the prospect of a spending boom fuelled by anything other than increasing household debt is looking unlikely,” he stated.
Mr Barber called for government spending cuts to be reversed as well as measures to encourage banks to lend and businesses to invest.
Many consumers have accepted they cannot go on funding their lifestyles through excess spending after the recent economic problems caused partly by such laxity.
Product and marketing director at Santander Cards Gail Goldie recently observed that there has been a significant change in attitudes and priorities by consumers, saying people are “increasingly paying down debts” as part of a drive to get their finances on an even keel.