Category Archives: Debt news

April’s debt and money news

posted by in Debt news Leave a comment

Spring’s inFCA credit card review full bloom and we’ve got a big bunch of money and debt news for you.

We look at the latest proposals from the Financial Conduct Authority to help people with persistent credit card debt.

We also examine the latest figures on unpaid child maintenance, news on the Wonga data breach, a pensions warning to parents, and a welcome rise in the national living wage…

Continue reading »

Tags

Reclaim PPI for free

posted by in Debt news, Making money 67 Comments

Check your credit agreementYou’ve probably heard about the mis-selling of payment protection insurance, the “reclaim PPI” adverts, and the huge refunds some people have received. Because of the big payouts that some people are entitled to, claims management companies have sprung up, trying to earn commission by claiming refunds for you.

But reclaiming PPI isn’t as difficult as you might think, and we highly recommend that you reclaim any mis-sold PPI yourself. It’s free, and we can show you how.

Continue reading »

Tags

Top 5 debt and money news stories in March

posted by in Debt news Leave a comment

The Spring Budget, zero hour contracts and a 30-year low in homeownership were just some of the biggest debt and money-related news stories this month.

Alongside that there’s news that families in England and Wales are spending more on their bills than food…

Continue reading »

Tags

How you helped us get Breathing Space back on the agenda

posted by in Debt news Leave a comment

Last month over 1,000 of our clients emailed their MPs asking them to support a Breathing Space scheme for people in debt in England, Wales and Northern Ireland*. If you helped, thank you. If you didn’t, there’s still time.

A scheme like this would mean that when people in debt get advice they’d have fees, charges and interest on their debts frozen, along with a break from enforcement action. It would allow them time to sort out their finances without seeing their debts spiralling upwards. Continue reading »

Tags

10 things your Nan can teach you about budgeting

posted by in Debt news Leave a comment

As much as I loved my Nan when I was growing up I always thought she was a bit of a skinflint.

I have vivid memories from my teenage years of being embarrassed when she’d take me into charity shops, and annoyed when she’d nag me to switch off lights. I’d roll my eyes and sigh; 14-year-old me just didn’t care about saving money.

Twenty years later and I understand why she was always being thrifty: she believed in saving on the little things in life so that she could build a nest egg. Sadly my Nan is no longer with us, but I think some of the budgeting tips she taught me are timeless.

Continue reading »

Tags

How to budget on a fluctuating income

posted by in Debt news Leave a comment

Whether you’re working flexible hours because it suits your lifestyle or you’ve been unable to find a full time contract, living off a fluctuating income can be a challenge.

Not knowing what your take home pay will be each week or month can make budgeting difficult, and sometimes this uncertainty can push you into debt. Here we talk about how you can budget even when you’ve got a fluctuating income.

Continue reading »

Tags

The top 5 debt and money news stories for February 2017

posted by in Debt news Leave a comment

With gloomy January out of the way, we take a look at the latest personal debt statistics from the Bank of England, get the low-down on why so many banks are closing high street branches, and find out about the rising number of us applying for insolvency.

Not only that, we’ll explore research suggesting you could be saving on your ‘big shop’ and we look at how the Government is changing the benefits available to the bereaved…

Continue reading »

Tags