Tag Archives: money

1m people are missing out on tax credits – are you?

posted by in Welfare Benefits Leave a comment

It’s estimated that one million people in the UK are missing out on an average of £50 a week by not claiming the tax credits they’re entitled to. This is by no means small change. This is especially true if they’re struggling with debt problems.

Due to recent government changes, once Universal Credit gets rolled out to your local Jobcentre Plus, you’ll no longer be able to start claiming tax credits.

As of April 2016, the amount that you can claim in Universal Credit is less than the equivalent claim in tax credits. Therefore, it’s important for you to start claiming tax credits before your Jobcentre Plus moves to Universal Credit.

Continue reading »


The #debthour debt clinic – Monday 5th August

posted by in #Debt Hour, Debt 9 Comments

who's your favourite tasty tweeter?

Got a burning debt question? Ask away!

Every day we deal with a range of debt problems and money worries.

As we’re committed to helping you as soon as possible, we thought we’d try to answer those questions as soon as they come in.

To help, we’ll be live on here between 12 midday and 1pm on Monday, to answer your debt questions.

And every Monday during August* our friendly debt geeks will be on hand to answer your debt questions. We will aim to reply to every question straightaway. No debt question is too outlandish for us, so this is the perfect opportunity to clear up any worries you may have.

Continue reading »


Welfare benefits: Check what you’re entitled to

posted by in Budgeting, Money maximising, Welfare Benefits Leave a comment

You might be eligible for more than you thought

You might be eligible for more than you thought

We often hear about people going to prison because they’ve fraudulently claimed benefits, but what about those that don’t claim benefits that they could?

Every year, people in the UK are missing out on benefits and tax credits worth over £10 billion. Much of this money goes unclaimed because people are too proud to claim. Continue reading »


A friend in need…what to do if someone you know is in debt

posted by in Budgeting, Debt, Income shocks, Wellbeing 3 Comments

Don't let your friend suffer in silence any longer.

Don’t let your friend suffer in silence any longer.

You’ve known for a while now that someone you care about is going through a rough patch with money.  Their face is constantly tight with worry and there’s a stack of bills on their side table. You can’t have a five-minute conversation without their phone ringing, and every time it does they let out a world-weary sigh.

There could be a whole host of reasons why they’re struggling, some you may not even be aware of. Maybe they recently had their hours cut at work, or their partner walked out. It may even be a case of too much retail therapy. You want to help but don’t know how.

That’s where we come in.

Continue reading »


Debt through the ages: 10 historical money and debt facts

posted by in Debt 2 Comments

Has time really changed the way we look at debt and money?

Has time really changed the way we look at debt and money?

While things such as debt management plans and IVAs are relatively new, money woes are by no means a modern day problem. People have been struggling with debt for as long as money has been in existence. There were even bailiffs as far back as William the Conqueror’s heyday.

Today’s blogpost looks at the meaning behind some money and debt-related words we use all the time – you’ll be surprised where some of them sprang up from…

Continue reading »


Hearts, like credit files, will mend given time

posted by in Budgeting, Debt 3 Comments

If you need someone to talk to about your relationship, Relate offer a live chat service.

Wake up to money worries

Wake up to money worries

Over the next few weeks we’ll be shining a light on how relationships and debt are intertwined.

As a debt counsellor I once put together a budget for a middle-aged single man who was entering a debt management plan (DMP). The man was happy he could live on the budget and the plan was all set to go ahead.

A couple of hours later he called back and spoke to a colleague who answered a few further questions he had. Continue reading »


Know your rights: December’s debt news

posted by in Debt Law 3 Comments

Justice scales law

Certainly not winter there

A little later than usual due to the holidays, we bring you December’s changes in debt law and financial news that may affect you.

Debt Relief Orders (DROs) hit the news late last month when the Insolvency Service highlighted that a quarter of the 44,000 people that have taken them out since 2009 are aged 25-34.

Recently the Supreme Court has also ruled that any benefit overpayments will be included in DROs, helping to alleviate those that may have been or are currently on benefits (if you think this could affect you, contact us for more advice). Continue reading »