Money and Pensions Service confirms funding levels for commissioning of debt advice services across England
Money and Pensions Service (MaPS) yesterday provided much-anticipated confirmation of funding levels for commissioning of debt advice services across England. It reads: “In December 2021, we announced changes in the timeline for awarding the contracts for the National Services, Business Debt and DRO Hub Lots, and that we would be implementing short-term grants to protect […]
Read MoreBob’s Blog: MALG Virtual Connect – six weeks to go!
It’s certainly been a busy start to 2022 for everyone working across the debt landscape and we’re working hard at MALG to respond to the ongoing and emerging issues we are all facing. Here’s how we can help you ‘work together to improve the lives of people in debt’ over the coming months… MALG Virtual […]
Read More“Red alert” warning as more turn to Citizens Advice than at any point since pandemic began
More people are seeking one-to-one support from Citizens Advice than at any point during the pandemic according to new figures which reveal the enormous pressures facing households even before major increases to energy bills kick in this April. The charity warns that crisis support – including referrals to food banks and advice on emergency one-off […]
Read MoreOfgem announces energy price cap increase of £693 from April 2022
The energy price cap will increase from 1 April 2022 for approximately 22 million customers, regulator Ofgem has just announced. Those on default tariffs paying by direct debit will see an increase of £693 from £1,277 to £1,971 per year (difference due to rounding). Prepayment customers will see an increase of £708 from £1,309 to […]
Read MoreTrustfolio acquires TIPTrust and Asperitas to create ‘debt-tech’ collective
A collective of industry experts from across the consumer credit, debt advice, collections, insolvency, and fintech sectors have joined together to launch ‘debt-tech’ firm Trustfolio Ltd, which has acquired TIPTrust and Asperitas Technologies. Trustfolio’s mission is to enable better debt solutions and advice through powerful, bespoke technology that makes the process more efficient, cost-effective, and […]
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