Registry Trust issues warning about ‘pending CCJ’ bailiff scam
Registry Trust, the non-profit organisation which maintains the Register of Judgments, Orders and Fines, has issued a warning following reports of people receiving phone calls from fraudulent bailiffs telling them they have a pending county court judgment (CCJ) which needs to be paid immediately. CCJs are judgments issued by county courts in England & Wales […]
Read MoreCitizens Advice publishes report on experience of benefit deductions to pay for energy and other debts
A new report from Citizens Advice called ‘Taking too much?’ looks at the experience of benefit deductions to pay for energy and other debts. It comes off the back of concerns that in the current circumstances following the Covid-19 pandemic, many more households may fall behind on their energy bills. If they do fall into […]
Read MoreFCA survey finds three quarters of younger high-risk investors say they feel competitive when investing in high-risk products
To coincide with the launch of its InvestSmart campaign, to help new investors understand the risks they may be running, new research from the Financial Conduct Authority (FCA) has found that many are driven by competition and influenced by hype. The FCA surveyed 1,000 people aged 18 to 40 who invest in high-risk investment products. […]
Read MorePayplan publishes report on how Breathing Space has helped its clients so far
In May 2021, Government launched the Breathing Space scheme, giving those people who are struggling with problem debt, some extra time to get their finances back on track. It offers people 60 days’ protection from creditor contact, a freeze on interest and charges and protection from legal and enforcement action. Since then, Payplan has helped […]
Read MoreSocial Market Foundation says GPs prescribing debt advice could be a lifeline for those who have lost income
The Government has been urged to tackle post-Covid inequalities by helping GPs prescribe debt advice and job support for patients struggling with their finances. The Social Market Foundation (SMF) says financial prescribing, which enables the NHS to refer patients to non-clinical agencies like debt charities and jobs boards, could be a lifeline for those who have lost income during […]
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