Credit Services Association report addresses reluctance of consumers to discuss debt
A new report from the Credit Services Association (CSA), the UK trade body for the debt purchase and collections industry, has found that public perceptions of debt enforcement are at odds with reality, with anxieties about talking to a debt collector about arrears out of line with the likelihood of enforcement proceedings. The report, entitled […]
Read MoreChristians Against Poverty publishes new deficit budgets report
Christians Against Poverty’s (CAP) latest briefing paper, ‘Deficit budgets: The cost to stay alive’ explores the severe consequences of deficit budgets in households across the UK and pushes for urgent systemic change. A deficit budget happens when a household’s income (whether from wages or benefits) isn’t enough to cover essential living costs, such as rent, […]
Read MoreLowell report finds 46% of young gamblers have used credit to fund betting activity, double that of the UK average
A new nationwide report from Lowell, has revealed that the 25–34-year-old age bracket are 2.8 times more likely to see gambling as a quick fix to money problems than the average UK resident. This follows recent ONS data showing that people aged 25-34-year-olds were 2.2 times as likely to experience financial vulnerability, The report surveyed […]
Read More25 banks and building societies commit to accepting new Economic Abuse Evidence Form
The Economic Abuse Evidence Form (EAEF), an information-sharing tool which provides a single mechanism through which money/debt advisors can tell organisations that an individual has experienced economic abuse and explain the impact of it on the victim, has gained the commitment of 25 banks and building societies. Those including Lloyds Banking Group, NatWest, Santander and […]
Read MoreVirgin Money research reveals a third of people know someone without data or internet access
New research commissioned by Good Things Foundation supporter Virgin Money reveals almost a third of people (29%) know a friend or relative who doesn’t have access to data/the internet, which has often prevented them from completing simple tasks like registering for a service, purchasing an item, or booking travel. The research also found that one […]
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