P157 $eletext 157 Nov27 22:26:35 TRAVEL DEALS — P200 ——————————————————————————————————————— Summit on debt problems British banks are to host a debt summit amid concern over "irresponsible selling" of debt relief products. It is being organised by the British Bankers' Association amid concern that vulnerable people could be risking their long-term financial future. Debt write-off companies are being asked to meet with the banks and discuss how the sector as a whole can help people resolve debt difficulties. ——————————————————————————————————1/10— Save & Invest 155 Money News 152 Home Owner Loans brought to you by Capital One HomeOwner Loans p366 Borrowing Money news Newsround HolidaysP157 $eletext 157 Nov27 21:21:19 TRAVEL DEALS — P200 ——————————————————————————————————————— Summit on debt problems Plans for a summit between banks and debt write-off companies on December 13 comes at a time when insolvency figures are at a record high. The number of people taking out individual voluntary arrangements (IVAs) - legal contracts between debtors and creditors - over the summer was up 118% on the same period in 2005. The increase has led to fears that too many people are being pushed into IVAs. ——————————————————————————————————2/10— Save & Invest 155 Money News 152 (eletext Holidays is also available on digital TV. Freeview Channel 101 Borrowing Money news Newsround HolidaysP157 Teletext 157 Nov27 21:23:41 TRAVEL DEALS — P200 ——————————————————————————————————————— Summit on debt problems A summit between banks and debt write-off companies is to be held on December 13. In the third quarter of 2006, 12,228 people entered into individual voluntary arrangements (IVAs). ——————————————————————————————————————— Advice Clinic 536 Vital statistics 545 (eletext Holidays is also available on Digital TV. Visit Sky Channel 662 Borrowing Money news Newsround HolidaysP157 $eletext 157 Nov27 21:41:15 (RAVEL DEALS — P200 ——————————————————————————————————————— Summit on debt problems Heavy marketing by debt advice and write-off firms could encourage people to take out individual voluntary arrangements, it has been claimed. Instead people could be best placed looking at other options to tackle debts, such as bankruptcy. For their part, some IVA specialists have claimed that it is banks' lending policies that has led to the debt crisis and not their own bad practice. ——————————————————————————————————4/10— Save & Invest 155 Money News 152 (eletext Holidays is also available on digital TV. Freeview Channel 101 Borrowing Money news Newsround HolidaysP157 Teletext 157 Nov27 21:13:28 TRAVEL DEALS — P200 ——————————————————————————————————————— Summit on debt problems A proposed summit between banks and debt companies will discuss key issues facing the debt industry. The British Bankers' Association wants to focus on the marketing of debt relief products, advice that consumers receive and the relative costs of different management solutions. It has called into question adverts that in some cases have claimed 90% of a person's debts can be cleared. ——————————————————————————————————5/10— Save & Invest 155 Money News 152 (eletext Holidays is also available on digital TV. Visit Sky Channel 662 Borrowing Money news Newsround HolidaysP157 Teletext 157 Nov27 22:11:40 TRAVEL DEALS — P200 ——————————————————————————————————————— Summit on debt problems The British Bankers' Association has called into question both the advertising and advice given out by some debt write-off companies. Market research has shown that eight out of 10 firms did not provide adequate information about their costs, services and the consequences of different arrangements, the BBA said. Most debt write-off companies focus on the advantages of IVAs, it added. ——————————————————————————————————6/10— Save & Invest 155 Money News 152 (eletext Holidays is also available on digital TV. Freeview Channel 101 Borrowing Money news Mewsround HolidaysP157 $eletext 157 Nov27 22:13:23 ——————————————————————————————— Need advice? Write to Advice Clinic (eletext's experts on investment, tax, pensions and property can help YOU! Send queries marked Advice Clinic to: Text 07624 809882 E-mail adviceclinic@teletext.co.uk Post (eletext Finance, Operations Centre, Bridgegate, Howden, DN14 7AE. Include your name, age and address. Answers will be updated weekly on air. We cannot answer all queries received. Information given is for guidance only. ——————————————————————————————————7/10— Need advice? Go to Advice Clinic 169 GO DIGITAL WITH TELETEXT! p104 Borrowing Money news Newsround HolidaysP157 $eletext 157 Nov27 22:01:00 TRAVEL DEALS — P200 ——————————————————————————————————————— Summit on debt problems Young, inexperienced and vulnerable people are being targeted by some debt write-off companies, the British Bankers' Association said. Some are given the impression they can walk away from their debts, it claimed. "The results for their long term financial position could be disastrous as they may find in years to come that they can't get a mortgage," BBA chief executive Ian Mullen said. ——————————————————————————————————8/10— Save & Invest 155 Money News 152 (eletext Holidays is also available on digital TV. Freeview Channel 101 Borrowing Money news Newsround HolidaysP157 $eletext 157 Nov27 22:03:13 ——————————————— —————————————————— New digital finance features! $eletext has launched an expanded digital finance section featuring brand new and exclusive content. Digital viewers can now check out the prices of selected international shares traded in London, FUSE 100 shares listed by sector and top FUSE risers and fallers. Plus you get all the usual content, including real-time shares. If you have Freeview or Sky, just turn to ITV, press the (EXT button and go to p850 to see our full finance section. ——————————————————————————————————9/10— GO DIGITAL WITH TELETEXT! p104 Borrowing Money news Mewsround HolidaysP157 Teletext 157 Nov27 22:01:22 ——————————————————————————————— Need advice? Write to Advice Clinic (eletext's experts on investment, tax, pensions and property can help YOU! Send queries marked Advice Clinic to: Text 07624 809882 E-mail adviceclinic@teletext.co.uk Post (eletext Finance, Operations Centre, Bridgegate, Howden, DN14 7AE. Include your name, age and address. Answers will be updated weekly on air. We cannot answer all queries received. Information given is for guidance only. ——————————————————————————————————10/10 Personal finance index 150 GO DIGITAL WITH TELETEXT! p104 Borrowing Money news Newsround Holidays