FCA publishes data from Financial Lives 2022 survey
Regulator the Financial Conduct Authority (FCA) has published selected data from its latest Financial Lives survey on vulnerability and financial resilience, and insights into the financial positions of UK consumers in May 2022. This data contributes to the evidence base on the rising cost of living. Financial Lives is FCA’s flagship survey of adults aged […]
Read MoreBob’s Blog: MALG October 2022 update
MALG Conference 2022 – final programme revealed! Two weeks today 200+ professionals from across the whole credit and debt landscape we will be at the Birmingham Repertory Theatre for the MALG Conference 2022 (the theme for which is ‘Jaded: How has working together to improve the lives of people in debt changed in the last 35 […]
Read MoreGoogle makes continued investment in measures to help fight financial fraud in the UK with debt ads policy update
In recent years, scammers continue to deploy new fraudulent practices in order to take advantage of people. According to UK Finance’s latest figures, over £1.3 billion was stolen through fraud in 2021, up from £1.26 billion the year before. To combat this concerning trend, Google continues to invest in teams, new policies and better enforcement capabilities. In […]
Read MoreEffective creditor communication highlighted as key to helping consumers in financial difficulty
New research from StepChange and Amplified Global has shown that two in three StepChange clients surveyed felt they could have been referred to debt advice sooner by their creditors, underlining the need for earlier intervention, constructive communication, and proactive signposting to debt advice The report assesses the extent to which communications from creditors help people […]
Read MoreNew campaign #LetsTalkLoanSharks encourages people to speak out in the fight against illegal money lending
A new campaign is being launched to encourage people to open the conversation about the dangers of loan sharks and highlight the support that is available to those who have been affected by illegal money lending. It will be showcased at the MALG Friday Forum on 23 September 2022 ahead of the campaign launching. A […]
Read More