March 2017

Debt Advice Foundation implements new universal debt-calculating tool

Debt helpline now using the Standard Financial Statement for all calls

 
The charity’s advisers are now using the Money Advice Service’s new guidelines, known as the Standard Financial Statement (SFS) when speaking to callers about their income and expenditure. 
 

Consumer spending increased momentum in February

Following a slowdown in January, consumer spending picked up again in February

 
Concerns were raised about the January dip as consumer spending, often on credit cards, was said to be propping up the UK economy after the shock of Brexit.  

The dangers of becoming desensitised to debt

With University Degrees now costing a maximum of £27,000, are students becoming desensitised to debt?