Debt Free Direct has highlighted the problems facing thousands of people laden with bills after it forecast a surge in profit growth for this year, says the Guardian .
The Aim-listed advice firm, which rearranges debt payments and drafts individual voluntary arrangements (IVAs), said it expected to beat profit forecasts of £9.8m by at least 10%. The paper says it is the latest specialist business to highlight the increase in the number of people entering IVAs, which allow people to repay a set amount each month in exchange for creditors freezing interest payments on the debt. STANDARD LIFE Investments (SLI) has been ranked sixth in the latest influential survey of global fund managers based on net institutional assets accumulated outside the US, repor...
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