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Credit Kudos takes the lead in the Open Banking rollout race

10 May 2018 | Posted In Money advice news

Technology-driven challenger credit bureau, Credit Kudos, has announced the successful roll-out of Open Banking connections with the largest UK banks, becoming the first credit bureau to offer Open Banking services to lenders and individuals. The roll-out of Open Banking began in January 2018 and is set to fundamentally change the way consumers interact with banks. Nine […]

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Nationwide Building Society poll finds independent Brits silently struggling with debt

03 May 2018 | Posted In Money advice news

More than half of Brits with debt are struggling according to a new poll by MALG member Nationwide Building Society that reveals most people take on the strain themselves rather than seek help. The poll of more than 2,000 UK adults reveals that of those in debt, 57 per cent are experiencing debt problems and […]

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Bob’s Blog: Conference ‘save the date’ and Members Meeting papers

01 May 2018 | Posted In Bob's Blog (MALG updates)

Welcome MALG members and contacts! I hope you’re all well and enjoyed the sunnier weather we we’ve been lucky enough to have this April. I was delighted to see such a good turnout at the National Members Meeting in London on 24th April. We had an excellent line-up of speakers and I’m sure you’ll agree […]

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Debt Advice Steering Group supports Peter Wyman’s Independent Review of Debt Advice Funding

25 Apr 2018 | Posted In Money advice news

A major Independent Review of the Funding of Debt Advice, led by Peter Wyman, was published on 25 January 2018. In the three months following, almost 30 organisations have formally responded to the Review. The Debt Advice Steering Group (DASG) has now considered those responses in detail and agreed to back the direction of travel […]

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Government agrees with campaigners’ demands to grant people in mental health crisis vital new protections from escalating debts

25 Apr 2018 | Posted In Uncategorised

Following a high profile campaign by the Money and Mental Health Policy Institute, the Government has announced that their new ‘breathing space’ debt respite scheme will be extended to cover people receiving NHS mental health crisis services. The campaign victory comes after the charity, established by Martin Lewis, revealed that 23,000 people in England were […]

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