9 July, 2013
4 July, 2013
New Credit Action figures for May 2013 show that although average debt levels rose, the ability of UK citizens to service their debts improved significantly due to the increase in average wages seen in April.
4 July, 2013
Chief executive of FCA (which will regulate the sector from April 2014) expresses concern about targeting of people without jobs through day time television advertising, reports Inside Housing.
3 July, 2013
Reported in the Telegraph, nearly a fifth of the population were forced to skip meals, ask friends or family for food, rely on a food bank or go without so their children could eat in the past year.
2 July, 2013
In force from today, the new Scottish regulations make a number of provisions including freezing the amount of debt owed on the date at which the debt payment programme is applied for by a debtor.
2 July, 2013
Trust believes that 'one of the most pressing regulatory concerns should be to ensure sufficient affordability checks are conducted prior to a loan being approved'.
1 July, 2013
1 July, 2013
We need to 'end wall-to-wall advertising on daytime TV and stop the use of glossy celebrity endorsements which conceal the misery of life in debt', says Chief Executive.
27 June, 2013
Features causing concern include practices making it hard to identify cost of loans; barriers to switching lenders; and fact that many borrowers have poor credit history limiting access to other forms of credit.
25 June, 2013
Joseph Rowntree Foundation looks at what social housing providers can do to help tenants, including undertanding residents' wider circumstances and integrating anti-poverty approach in housing management practice.
18 June, 2013
Charity says that, whilst local authorities have been guilty of poor collections practices for many years and it has recently been getting worse, the new guidance represents an opportunity to reverse the trend
18 June, 2013
Staffordshire based firm Donegal Finance Limited's licence suspended on grounds that it was 'urgently necessary to protect consumers'
17 June, 2013
New guidelines for local authorities say that they shouldn't be collecting ‘contractual kickbacks’ from bailiffs or employing those seeking to exploit residents through ‘phantom visits’ or excessive fees.
14 June, 2013
Consumers will be able to check if claims management companies are subject to investigation with the launch of new online tool.
14 June, 2013
However, more than half of the new funding is dependent on credit unions providing a business case setting out how they will significantly extend their reach and services.
12 June, 2013
Legislation to be introduced in Autumn, alongside the DWP's Credit Union Expansion Project, with the aim of increasing financial stability so that credit can be offered to broader range of people.
6 June, 2013
New Credit Action figures for April 2013 show that average household debt including mortgages rose to £54,015, whilst household debt excluding mortgages averaged £5,972.
4 June, 2013
Age UK and the International Longevity Centre published research today that showed the proportion of older people in debt fell between 2002 and 2010, however the amount owed by those in debt has increased substantially.
3 June, 2013
New Insolvency Service statistics show decrease in bankruptcies (27 per cent), debt relief orders (8.6 per cent) and individual voluntary arrangements (4.9 per cent).
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