Review of enforcement agent (bailiff) reforms: call for evidence
This call for evidence asks about people’s experiences of the 2014 reforms which regulate how enforcement agents (bailiffs) operate. The government is conducting the second post-implementation review of regulations which were introduced in 2014 to regulate the operation of enforcement agents and the fees that they charge. The reforms implemented provisions in the Tribunals, Courts […]
Read MoreFCA proposes introduction of price cap on rent-to-own firms to protect vulnerable consumers from high costs
The FCA estimate the introduction of price cap on rent-to-own firms to protect vulnerable consumers will save consumers £19.6m-22.7m per year without significantly reducing access to credit for people who have few alternative options. This paper sets out the proposed price cap on the rent-to-own market, summarises feedback to CP18/12 on the questions asked about […]
Read MoreBean is being acquired by BGL Group
Subject to regulatory approval, Bean is being acquired by BGL Group, a leading digital distributor of insurance and household financial services, and owner of brands including comparethemarket.com and life insurance provider Beagle Street. Bean was established over 2 years ago with a simple vision to help people sleep safe in the confidence that they aren’t wasting their […]
Read More‘A Decade In Debt’ report published by the Money Advice Trust
Its new report, A decade in debt, reveals how the realities of debt problems have changed in the 10 years since the financial crisis – with fewer people seeking advice with credit cards, loans and overdrafts, and more calls about debts on everyday household bills such as council tax, rent and energy arrears. The report presents […]
Read MoreNationwide research: Four in ten live on under £6.60 a day after bills
Nationwide research shows Brits are tightening their belts as research reveals the rising cost of living is beginning to bite, forcing many to slash spending. Two thirds of Brits are slashing spending as rising cost of living begins to squeeze finances Most finding it harder to survive financially today versus five years ago, new poll reveals […]
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