Centre for Social Justice seeking adviser input into study into illegal lending and debt advice
The Centre for Social Justice is conducting a study into illegal lending and debt advice alongside a board comprised of the Money and Pensions Service, and debt advice agencies across the UK. The study is seeking to survey advisers to build insight and inform new guidance to support them. Debt advisers are encouraged to complete […]
Read MoreTV Licensing helping customers protect themselves against scams
According to Government figures for 2022, fraud is the most experienced crime in the UK, accounting for around 40% of all crimes. As the cost-of-living crisis puts pressure on people’s finances, it is more important than ever that people know how to spot potential fraudsters to minimise the risk of becoming a victim. TV Licensing […]
Read MoreFCA warns festive shoppers at rising risk of loan fee scams
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 […]
Read MoreVulnerable people struggling with debt will be better protected from rogue bailiffs under government plans
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 […]
Read MoreStepChange IVAs – a mass variation to help with cost of living problems
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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