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.
26 September, 2013
The Insolvency Service is seeking views on its proposals to consolidate and replace the Insolvency Rules 1986.
16 September, 2013
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.
22 August, 2013
New figures show that councils in England and Wales made 1.8 million referrals to bailiffs in the last 12 months.
19 August, 2013
New campaign also directs people with money problems to information on how to find their nearest money adviser online.
14 August, 2013
Commission publishes 'statement of issues' to assist those submitting evidence to focus on the competition issues it envisages being most relevant to the investigation.
13 August, 2013
Shelter's video 'report' on news that 'Bank of Mum and Dad', which lends £2bn a year to help children with housing costs, has 'run out of funds and looks likely to close'.
13 August, 2013
New analysis of 13,444 people who visited a bureau with a bailiff problem in first three months of 2013 also shows that 46 per cent had jobs compared to 54 per cent who were unemployed.
9 August, 2013
New figures show that, under the new 'Low Income High Costs' measure, around 2.39 million households in England were fuel poor in 2011, representing approximately 11 per cent of the overall population.
8 August, 2013
Results of survey by Shelter Cymru and Citizens Advice Cymru reveal that 'alarming numbers of Welsh adults are struggling to cope financially'.
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