FCA warns festive shoppers at rising risk of loan fee scams
With Christmas fast approaching, the FCA has launched its latest ScamSmart campaign aimed at giving consumers the knowledge and tools to avoid loan fee fraud. The FCA warns of the increasing risk of loan fee fraud this Christmas, with cases already up by a fifth on last year. FCA research shows with the rising cost […]
Read MoreVulnerable people struggling with debt will be better protected from rogue bailiffs under government plans
The Ministry of Justice has announced a crackdown on the intimidating and aggressive behaviour of some private enforcement agents, commonly known as bailiffs, who prey on the most-at-risk. While they acknowledge that the majority act professionally and already voluntarily wear body-worn cameras, the government will now make it a legal requirement to ensure all bailiffs […]
Read MoreBob’s Blog: MALG’s plans for 2023
Festive wishes from MALG! 2022 has been a very positive and eventful year for us celebrating our 35th Anniversary and delivering a full face to face Conference which was well received; more about that later. We are already working on how to maximise the benefits for all our members next year. MALG National Members […]
Read MoreStepChange IVAs – a mass variation to help with cost of living problems
Copy of original article published by Debt Camel. Many people with IVAs are finding it difficult to afford the monthly payments in 2022 because of inflation. StepChange is now proposing a “mass variation” that should help many StepChange IVA clients. Peter Wordsworth, Head of Insolvency Services at StepChange, says: At Stepchange Voluntary Arrangements we have […]
Read MoreChristians Against Poverty publishes ‘Lifelines to Safety’ report exploring reliance on credit
Christians Against Poverty’s (CAP) latest research explores why credit is too often the only lifeline for people in difficult times, and accessible routes to safety. Its report, Lifelines to Safety, unpacks the reasons why people are pushed towards credit to get them through financial storms, and how we can offer accessible routes to safety. With over […]
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