25 November, 2013
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.
28 October, 2013
'We expect businesses in the debt management sector to behave with integrity and treat their customers fairly... We will not hesitate to revoke the licences of debt management businesses that fail to do so', says Senior Director of Consumer Credit
17 October, 2013
17 October, 2013
'Church must be actively involved in supporting the development of real lending alternatives, such as credit unions', says Justin Welby.
15 October, 2013
Citizens Advice is backing the cross-party charter, launched in parliament today, which sets out recommendations aimed at ensuring that the payday loan sector treats borrowers fairly.
10 October, 2013
New statutory instrument increases the level of interest that can be charged by credit unions from two per cent to three per cent per month.
3 October, 2013
The Financial Conduct Authority is seeking views on proposals that include limiting the number of times a loan can be rolled over and the use of a continuous payment authority, although at this stage it will not be considering whether there should a limit on the level of interest rates charged.
1 October, 2013
[2013] EWHC 3577 (Ch)
26 September, 2013
The Insolvency Service is seeking views on its proposals to consolidate and replace the Insolvency Rules 1986.
16 September, 2013
New statutory instrument introduces single fee remissions system to all court and tribunals, with changes to disposable capital rules, and also introduces fee for judicial review oral hearing.
11 September, 2013
Citizens Advice says that 90% of those affected may have grounds for complaint about unfair treatment.
5 September, 2013
Money Advice Trust comments on new figures from Credit Action.
4 September, 2013
New statutory instrument makes consequential amendments to the Insolvency Rules to reflect the repeal of early discharge from bankruptcy provisions made by section 73 and Part 3 of Schedule 21 of the Enterprise and Regulatory Reform Act 2013.
3 September, 2013
'Campaign for affordable short-term credit is losing, while Wonga is winning', says Institute for Public Policy Research in response to today's payday loan company profit figures.
2 September, 2013
New regulations laid before Scottish Parliament for this insolvency solution, include the introduction of a minimum debt level of £5,000 and ensuring that no contributions can be paid from a debtor’s social security benefits.
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