Monday, Oct 16, 2006

Experian report on insolvency

Firstrung: Experian explode the myths surrounding the rising tide of IVAs

"Insolvencies rose by two-thirds in the second quarter of this year, while IVAs, which make up almost half the total, soared by over 150 per cent. Our research shows that there are marked differences in the numbers and growth of IVAs and bankruptcies in different parts of the country and we have to ask ourselves why this is. There is evidence that consumers are being encouraged into IVAs without fully understanding the long-term consequences."

Posted by converted lurker @ 04:46 PM (487 views)
Add Comment
Report Article

1 Comment

1. Iva said...

For me the increase is down to the way in which IVAs are marketed.

Tuesday, February 19, 2008 10:19PM Report Comment


Add comment

  • If you do not have an admin password leave the password field blank.
  • If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user's views and not the views of
  • Please adhere to the Guidelines
Admin Password
Email Address

Main Blog | Archive | Add Article | Blog Policies