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Business Insight The Salt Lake Tribune Kirk Herath, chief privacy officer for Nationwide Insurance How much of a problem is ID theft around the holidays? With increased shopping and credit card use, the holiday season presents a prime opportunity for identity thieves to steal consumers' financial information. The more consumers buy, the more often their financial information is a risk. Overhaul tax credits or miss key child poverty targets, Brown told Guardian Unlimited · Citizens Advice calls for a 'radical rethink' of system · Almost half of tax credit payments were incorrect Bank chief King says families risk losing everything to debt Evening Standard A strong warning that people are running up "desperate" levels of personal debt has been sounded by the governor of the Bank of England. Mervyn King said the speed with which some families were amassing unsecured liabilities such as credit card bills was putting them at risk of losing everything. Refinancing won't solve debt problems Bankrate.com via Yahoo! Finance Tapping equity to refinance a mortgage will wipe out credit card and student loan debt, but it creates new problems if you keep on spending, says the Debt Adviser. GANNETT NJ NEWSPAPERS Home News Tribune If someone is young and has a credit card, chances are they carry debt, with high monthly interest payments to boot. Overhaul tax credits or miss key child poverty targets, Brown told Guardian Unlimited Gordon Brown will miss crucial child poverty targets unless he signals, in his pre-budget report tomorrow, a complete overhaul of the troubled £14bn tax credits system, leading anti-poverty campaigners have warned the chancellor. GANNETT NJ NEWSPAPERS Home News Tribune Dan Ramey, 25, a graphic artist, has one credit card that's maxed out at a low balance of $1,000, but otherwise he's got it together financially, he said recently. Mortgage lending up in October Interactive Investor Business Finance and city news online from Interactive Investor (www.iii.co.uk). Plus financial and currency market news and information 24/7. Stock prices, share prices, currency markets news and business finance headlines. Also news from AFX and Reuters. Debt driving more and more people into advice bureau The Inverness Courier THERE is no quiet day for Alasdair Christie, newly appointed manager of the Citizens Advice Bureau on Acad emy Street, Inverness. “When the doors open in the morning it’s a question of how many people there are waiting to come in. They can be queuing up the stairs,” he said. Have I got news for you Mortgage Introducer Abbey grabbed the headlines for all the wrong reasons last month with the launch of its new five-times salary mortgage.
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