17 December, 2013
17 December, 2013
New report from Gingerbread, 'Single Parents in Austerity', also says that 64 per cent are in arrears of at least three months on at least one bill.
16 December, 2013
New figures published by Welsh Government show that over 2,000 people have credit union accounts with average savings of £515.
16 December, 2013
New statutory instrument implements provisions of the EU Consumer Rights Directive including in relation to information which traders should provide to consumers; cancellation rights and responsibilities; and measures to prevent hidden costs.
13 December, 2013
StepChange Debt Charity reports that message from government is that the FCA will take action if no improvement by end of next year.
12 December, 2013
'Rent arrears are now the fastest growing debt problem we help people with', says Chief Executive of Money Advice Trust.
10 December, 2013
5 December, 2013
However, new National Audit Office report says the Service's provision of generic money advice is not achieving value for money, although this is improving by starting to target resources at areas of greatest need.
3 December, 2013
New statutory rule amends the Insolvency Rules (Northern Ireland) 1991 to the effect of excluding debts in relation to the social fund, by way of crisis loan or budgeting loan, from being scheduled in a debt relief order or provable in bankruptcy proceedings.
3 December, 2013
Ministry of Justice consultation on fees charged for using civil courts also proposes introducing a standard fee of £270 for cases which are not about money, for example to repossess property, and increasing fees for cases that involve money claims.
3 December, 2013
New Treasury Committee report calls on the government to commission an independent review to assess whether the Money Advice Service should continue to exist and, if so, how it can overcome the serious problems identified.
2 December, 2013
New Environmental Audit Committee report comments on decision to redefine amount of people who can be counted as ‘fuel-poor’, leading to reduction from 3.2m to 2.4m 'overnight'.
27 November, 2013
New study by the Money Advice Service finds that although the majority of the over-indebted population report that debt is having a negative impact on their lives, only 17 per cent are currently receiving advice.
26 November, 2013
According to BBC Newsnight many mortgage applications have been instantly declined and credit scores adversely affected after people took out payday loans, whether or not they had difficulties repaying the cash.
25 November, 2013
HM Treasury announced today that the cap will be established through amendments to the Banking Reform Bill, which is currently going through parliament.
21 November, 2013
New Citizens Advice Scotland briefing says its year-long survey of borrowers shows that irresponsible lending practices in the payday loan industry are still widespread.
20 November, 2013
New Centre for Social Justice report, 'Maxed out', also finds that average debt repayments within the poorest 10 per cent of UK households amount to nearly half their gross monthly income.
11 November, 2013
Money Advice Trust also reports that of its 'My Money Steps' users in arrears to their telephone company, over 15 per cent owe more than £1,000 on their phone bill.
28 October, 2013
Results of survey of more than a thousand young people aged 15-17 reveal that the harder the family finds it to cope with saving for emergencies, the less confident the young person is at managing their own money, and less likely to be developing positive money habits.
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