Debt advisers encouraged to take part in new research on self serve advice in the era of Generative AI
Money Advice Liaison Group (MALG), the only UK membership organisation with a reach across the whole debt landscape, has secured funding from Money & Pensions Service for a new research initiative exploring what safeguards are needed to ensure Generative AI is used safely for debt advice. The research project, entitled ‘Exploring Safe & Effective Self‑Serve […]
Read MoreStepChange Debt Charity says increase in consumer credit borrowing may indicate Christmas debt struggles to come
New Money and Credit figures published by the Bank of England show net borrowing of consumer credit by individuals increased to £2.1 billion in November from £1.7 billion in October. StepChange Debt Charity says this could indicate people borrowing more in the lead up to Christmas and if anyone is struggling to repay festive debt, […]
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