Victory for Debt Threats campaign as Government agrees to end distressing default letters
In a major campaign success for the Money and Mental Health Policy Institute, the government has today agreed to change decades-old laws which force lenders to send intimidating letters to people with problem debt. Money and Mental Health’s research shows that 100,000 people in problem debt attempt to take their own life in England each year […]
Read More‘Reset The Debt’ campaign calls for a fresh start for families in Britain swept into debt by Covid-19
A new ‘Reset The Debt’ campaign has been launched by a collective of Churches, faith-based groups and secular organisations to call for a ‘fresh start for families in Britain swept into debt by the Covid-19 pandemic’. The campaign proposes that the Chancellor creates a ‘Jubilee Fund’ to provide grants to pay off and cancel unavoidable […]
Read MoreCentre for Policy Studies publishes report on how to help struggling homeowners through the pandemic
Think tank the Centre for Policy Studies has published a new report entitled ‘From SMI to Mortgage Support: How to help struggling homeowners through the pandemic’. The paper argues there is a short-term need to improve the Support for Mortgage Interest (SMI) scheme to support homeowners through the crisis – as happened in the wake […]
Read MoreCIVEA reports success after one month of enforcement visits
The resumption of enforcement visits to collect overdue, pre-coronavirus debt to local authorities has been handled successfully one month on, according to evidence from CIVEA, the principal trade association representing over 95% of civil enforcement agencies in England and Wales. The vast majority of visits in the past month have been to enforce fines, traffic […]
Read MoreFirst tranche of Covid debt advice funding allocated
The Money and Pensions Service (MaPS) has allocated the first tranche of an additional £37.8 million to fund extra debt advice and other money support for people affected by Covid-19. Up to £7.5 million is being allocated to three debt advice providers – Christians Against Poverty (CAP), PayPlan and StepChange – to cover lost income […]
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