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  • Amigo’s Scheme (1) timetable for approval & how it may work
    by Sara (Debt Camel) on January 25, 2021 at 12:35 pm

    On 25 January 2021, Amigo announced that it is proceeding with the next stage of the Scheme of Arrangement which it proposed in December. Amigo is proposing a Scheme because it can’t afford to pay refunds to all the customers who were given unaffordable loans. It says it is likely to go into insolvency if The post Amigo’s Scheme (1) timetable for approval & how it may work appeared first on Debt Camel.

  • Amigo – many customers may do better in Administration than a Scheme!
    by Sara (Debt Camel) on January 24, 2021 at 5:48 pm

    When Amigo announced it was proposing a Scheme of Arrangement in December, it said: Amigo continues to explore alternative options but it is likely the alternative options would result in those with Redress Claims receiving considerably lower amounts (if any at all) than they would under the Scheme. But that isn’t correct for one large The post Amigo – many customers may do better in Administration than a Scheme! appeared first on Debt Camel.

  • Debt news – 24 January 2021
    by Sara (Debt Camel) on January 24, 2021 at 10:05 am

    My pick of last week’s news is The problem is poverty, however we label it. On the undeserving poor … and the undeserving rich. Tweet of the week Another football club pushing gambling. 🤦🏻‍♂️ https://t.co/IDGWlouxBN — Gary Lineker 💙 (@GaryLineker) January 23, 2021 Debt news Debt Relief Orders: what do we know, what should we The post Debt news – 24 January 2021 appeared first on Debt Camel.

  • Is Amigo allowed to delay paying refunds? Does it have a DISP waiver?
    by Sara (Debt Camel) on January 20, 2021 at 2:55 pm

    When Amigo announced in December 2020 that it was seeking a Scheme of Arrangement to cap the amount it has to pay to customers owed refunds for unaffordable lending, it said: To ensure equal treatment of customers with Redress Claims, Amigo will stop the ongoing payment of all Redress Claims, except for those cases where The post Is Amigo allowed to delay paying refunds? Does it have a DISP waiver? appeared first on Debt Camel.

  • Debt news – 17 January 2021
    by Sara (Debt Camel) on January 17, 2021 at 1:10 pm

    My pick of last week’s news is Government proposals to help more people in problem debt which will let more people access DROs. If anyone wonders why it is needed, look at the next article Monthly Insolvency Statistics which shows IVA sales – many possibly mis-selling – surging. Debt news Insolvency: Government proposals to help The post Debt news – 17 January 2021 appeared first on Debt Camel.

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  • Are You Owed Thousands of Pounds? 6 Claims You Could Make in 2021
    by themoneyshed on January 26, 2021 at 4:47 pm

    With the country in recession, a third COVID induced lockdown and the threat of a sharp rise in unemployment when the furlough scheme ends in April, many people feel uncertain about their financial future. We could all do with a little boost to our bank balance this year, and you could be owed thousands of… Read More »Are You Owed Thousands of Pounds? 6 Claims You Could Make in 2021 The post Are You Owed Thousands of Pounds? 6 Claims You Could Make in 2021 appeared first on The Money Shed.

  • How to make an awesome home office
    by themoneyshed on January 21, 2021 at 10:57 am

    Working from home (WFH) is nothing new, but the recent pandemic has seen an explosion in those working from the ‘comfort’ of their own homes. With a dramatic increase in home-based businesses, alongside those being forced to carry out their usual jobs from home, the new norm is likely to see the WFH phenomenon continue. With… Read More »How to make an awesome home office The post How to make an awesome home office appeared first on The Money Shed.

  • 3 Ways To Save Money When Moving To Spain
    by themoneyshed on January 21, 2021 at 10:52 am

    Moving house is exciting enough, but when you throw a relocation into Spain into the mix you really have something to look forward to. However, as exciting as moving house can be – it does come with its own stresses and costs. If you are considering moving to Spain, you’ll probably want to make sure… Read More »3 Ways To Save Money When Moving To Spain The post 3 Ways To Save Money When Moving To Spain appeared first on The Money Shed.

  • Costs To Consider When Moving Abroad
    by themoneyshed on January 20, 2021 at 2:14 pm

    It might be that you have found the job of your dreams in a faraway country. Or you may be moving abroad to move in with somebody you have met on an international dating site. Or it might just be that you fancy a change of country, perhaps with an eye towards moving to a… Read More »Costs To Consider When Moving Abroad The post Costs To Consider When Moving Abroad appeared first on The Money Shed.

  • How to Save Money When Renovating Your Home?
    by themoneyshed on January 20, 2021 at 10:53 am

    “Home remodeling has gotten so expensive you’re doing rock-paper-scissors to see which kid isn’t going to college” – Anonymous. This phrase still rings true, especially with homeowners spending an average of $15,000 on home renovation in 2018. Home renovation could mean renovating a house completely, adding an extension, or changing interiors.  Source Whether you live… Read More »How to Save Money When Renovating Your Home? The post How to Save Money When Renovating Your Home? appeared first on The Money Shed.

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