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Negative perceptions stop millions on low pay from claiming benefits, according to new research launching Benefits Awareness Month

A new survey of people on low incomes (less than £15,000 a year) has revealed a stark picture of their attitudes towards claiming benefits.  More than a third believe that benefits claimants should help themselves rather than rely on state support – and more than one in eight said they would rather cut back on essentials like food than claim benefits. 

Debt Advice Foundation financial education project in national awards final

We are delighted to confirm that we have been chosen as a finalist in this year’s Credit Today Awards, Money Advice Initiative category. 

More than 180 entries were submitted for the 22 categories in the Awards, which showcase best practice across the UK loans and debt services industry. 

Stricter OFT debt management guidelines welcomed

Debt Advice Foundation has welcomed the announcement of new, stricter debt management advice guidelines by the Office of Fair Trading. 

In addition to tougher enforcement action, the OFT has also set out examples of “unfair or improper practices” and has said it expects companies to refer clients to not-for-profit advice organisations if they need further help.

Are Struggling Borrowers Being Denied Access To Bankruptcy?

On the face of it, the falling number of insolvencies announced by the Insolvency Service recently is fantastic news.

There were 119,850 individual insolvencies in England and Wales in 2011, which represented a drop of 11.3% on the previous year.