Following the announcement this week that hundreds of Citizens Advice Bureau’s debt advisors have stopped taking on new cases as a result of funding cuts, we are keen to stress that Debt Advice Foundation still has capacity to handle more enquiries. Our charity has not been affected by the Government’s decision not to continue the […]
Read MoreIt’s been an extremely busy month here at Debt Advice Foundation, and our helpline has been inundated with calls from people struggling with financial problems. Debt advice charities such as ours often receive high levels of enquiries in January. We find that people often wait until after Christmas to ask for help, with many making […]
Read MoreWe are often asked who has the biggest debt problems – men or women? It’s a hot topic, and earlier this year we reported on the Government’s insolvency statistics, which indicated a surge in the number of females facing insolvency during the course of the last decade. However, judging by the calls we’ve received during […]
Read MoreWe were very pleased to see one of the many thousands of couples we’ve helped this year sharing their experience of what it’s like to be in debt with The Sun readers. Hopefully Kate and Barry Pritchard’s story will inspire more people that are struggling with debt to come forward and seek help.
Read MoreA recent report by Barclaycard has revealed spending via credit and debit cards rose 9.2% in August compared to the same month last year. This continued the recent spending trend with August being the fourth month in a row to see a rise. The figures are in stark contrast to recent reports suggesting consumers are […]
Read MoreA recent report published by the Fair Pay Network (FPN), reveals a significant wage inequality in the UK labour market. The report, supported by the Trade Unions Council (TUC), states 5.3 million people fall below the low pay threshold of £6.75 per hour and that 10% of households have seen their weekly income fall by […]
Read MoreThis morning pupils from Southlands High School joined the breakfast crew on BBC Radio Lancashire, to discuss a financial education initiative which is being backed by Debt Advice Foundation. A team of students from the Chorley-based school and their deputy head will be travelling to London tomorrow, along with our Chairman, Dennis Benson, to discuss […]
Read MoreThe Centre for Economic and Business Research (CEBR) predicts one in ten northerners will be unemployed within the next five years, putting a significant strain on the existing debt advice infrastructure. The research is published hot off the heels of a report by Experian which predicted that the industrial heartlands of the north will be […]
Read MoreThe Money Diaries series of educational guides, that have been developed in conjunction with Southlands High School in Chorley, Lancashire, has been awarded the Personal Finance Education Group (PFEG) quality mark. The mark is granted to learning materials that are able to demonstrate key criteria, such as matching curriculum requirements, that they cover an appropriate […]
Read MoreThe UK’s first Money Education Centre, a pilot project between Debt Advice Foundation and Southlands High School in Chorley, Lancashire has officially opened its doors and is offering free financial capability lessons to schoolchildren. The centre will provide free financial capability lessons to schoolchildren that will focus on key topics such attitude to borrowing and […]
Read More
