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June 2022

Christians Against Poverty publishes client report ‘On the edge’

24 Jun 2022 | Posted In Money advice news

Christians Against Poverty (CAP) has published its latest client report entitled ‘On the edge’. Officially launched at a Westminster reception attended by MALG’s CEO Bob Winnington, it contains stats, client stories and up to date info on CAP’s work around the UK to empower people to get out of debt and poverty. Key statistics from […]

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UK commits to reform of the Consumer Credit Act

22 Jun 2022 | Posted In Money advice news

Plans to modernise consumer credit laws to cut costs for businesses and simplify rules for consumers have been announced by the government. UK government commits to reform the Consumer Credit Act – which regulates all credit card purchases and personal loans Plans to modernise the act will cut costs for businesses and simplify rules for […]

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FCA tells lenders to support consumers struggling with the cost of living

20 Jun 2022 | Posted In Money advice news

The Financial Conduct Authority (FCA) has written to more than 3,500 lenders to remind them of the standards they should meet as consumers across the country are affected by the rising cost of living. With household bills expected to continue to rise into the autumn, it is important that firms act now to make sure […]

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Cost of living pressures continue to drive new clients to StepChange for debt advice

07 Jun 2022 | Posted In Money advice news

New data from StepChange Debt Charity shows that the cost of living was the second most commonly cited reason for debt in April 2022, up from the third most common in March 2022 and the sixth most common in 2021. The proportion of clients citing the cost of living as a driver of their problem […]

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