Industry News

885,000 homeowners in energy debt

Government to launch new personal finance advice and pensions’ body

Payday lender banned by the Financial Conduct Authority

Nearly three-quarters of people fork out on unexpected expenses at least once a year

Payday lender accidentally charges borrowers twice

Could you still be financially linked to your ex?

Government clarifies how the Lifetime ISA will work

Young care leavers are falling into debt because they aren’t receiving any financial education

Borrowing money from friends or family

Millions are paying more than 40% of their income on debt repayments

report which states that many families in the UK are living with "extreme problem debt”.   The report blames a drop in wages for plunging around 1.6 million families into extreme indebtedness as the value of real UK wages went down by 10.4% between 2007 and 2015.