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December 2022

FCA warns festive shoppers at rising risk of loan fee scams

21 Dec 2022 | Posted In Money advice news

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 […]

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Vulnerable people struggling with debt will be better protected from rogue bailiffs under government plans

16 Dec 2022 | Posted In Money advice news

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 […]

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Bob’s Blog: MALG’s plans for 2023

07 Dec 2022 | Posted In Bob's Blog (MALG updates)

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 […]

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StepChange IVAs – a mass variation to help with cost of living problems

06 Dec 2022 | Posted In Money advice news

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 […]

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