DAF News

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. 
 

Debt worries in retirement

One in four people retiring this year expects to do so in debt according to new report

 
Prudential’s Class Of 2017 report also states that those retiring in debt do so owing an average of £24,300, up from one in five last year.
 

Unsolicited calls from Debt Advice Foundation

Have you had a call from us that you didn’t ask for?

 
Please be aware that we have had a number of enquiries from members of the public to say they have missed a call from our 0800 helpline number, but we have not called them. 
 

Top tips to surviving financial difficulty

How to survive being in debt

 
There is no typical person who is most likely to get into debt. It can literally happen to anyone, at any time. Often there is a ‘shock’ which radically lowers household income, such as job loss or the end of a relationship. With many people having little savings, they can find they are no longer able to repay monthly credit commitments or start to run up debts to meet living costs.

Debt Advice Foundation passes with flying colours

Quality mark retained after audit

 
Staff at Debt Advice Foundation are celebrating after successfully maintaining the charity’s Advice Quality Standard (AQS) approved status, a nationally recognised quality mark for organisations who provide free and independent advice to members of the public.  
 

New help for home improvement workers to tackle problem debt

Two charities have formed an alliance to tackle the impact of low income and debt 

Bank of England gives stark warning about household debt in the UK

The governor of the Bank of England, Mark Carney, has revealed that overall unsecured debt is rising at its fastest pace for 11 years

Why Debt Advice Foundation is supporting Financial Capability Week

Financial Capability Week is taking place from the 14th November

 
When 40% of adults say they are not in control of their finances and a four in ten have less than £500 in savings, it is clear the UK is facing a financial capability crisis which requires a collective response.

Is summer more expensive than Christmas for parents?

A survey has found that parents expect to spend more on entertaining their children this summer than at Christmas

 
Keeping children busy over the long summer months can be extremely difficult, especially as this summer already appears to be such a washout in the UK; indoor activities often come at a steep price.

Callers pretending to be from Debt Advice Foundation

Have you received a call from Debt Advice Foundation which you have not requested?