Monthly Archives: July 2016

July’s money and debt news

posted by in Bailiffs, benefits, Debt, Debt Law Leave a comment

It’s been over a month since the Brexit vote, and we’ve been busy looking at how it could affect your finances if you’re in debt

July has also seen increases to the cost of bankruptcy  in England and Wales, Universal Credit being pushed back, and the release of our latest report, looking into which organisations are the most unfair when dealing with people with debt problems.

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Which organisations are treating our clients unfairly?

posted by in Collection Process, StepChange 7 Comments

People feel that they’re not being treated fairly by some of the companies they owe money to and borrow money from. That’s the message we received from our clients in our recent research into creditor and debt collector conduct.

Our research reveals the kinds of organisations that are most likely to make people feel unfairly treated, and the kind of unfair treatment they’re receiving. We’re campaigning for changes to be made in those organisations to help those in debt and to reduce unfair treatment.

Have you experienced similar issues to what we’ve found? Add a comment at the end of the article. Continue reading »

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How Brexit could affect your finances if you’re in debt

posted by in Debt Law, Economy Leave a comment

The people of the UK have spoken and have decided that we should leave the EU. There are endless articles online about the political ins and outs, arguing one side against the other. We’re going to sidestep the debate and instead investigate the practical implications of Brexit on your finances.

The short answer to how Brexit will affect the majority of people is this: things will probably carry on as normal, in the short term at least.

The long answer is a bit more complex…

The key thing to note is that very little has changed since the vote to leave the EU and it’s still too early to see what the long term impact of Brexit will be.

We do have a slightly better idea about where the potential changes to your finances could occur, based on short term predictions of the economy. So let’s take a look at the different areas that Brexit could affect you, and how soon these changes could happen. Continue reading »

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20 weird and wonderful ways to make money – part three!

posted by in Debt, Money maximising Leave a comment

It’s not just about car boot sales and selling stuff on eBay. There are so many easy and fun ways to make more money. Part one and part two of our ‘weird ways’ series continue to be wildly popular, so we thought it was high time to break out part three!

From testing dog food to queuing up for cash, let’s take a look at some more miraculous methods of maximising your moolah…

(The following ideas for making extra money may not be suitable for all readers and have been covered for entertainment as well as information purposes).

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