New research by StepChange Debt Charity reveals the long-term and harmful impact that coerced debt can have on someone’s credit record
Half of victim-survivors of coerced debt have experienced a negative impact on their credit record, in many cases preventing them from securing a home, mobile phone contract, car finance agreement, or even employment opportunities, according to a new report by StepChange Debt Charity entitled ‘Filed Away’. The report builds on previous research around the prevalence […]
Read More2026–2030 Government Debt Management Strategy published
Millions of people and businesses who owe money to government will benefit from more personalised and affordable repayment support, as the government sets out new plans to improve how debt owed to the public sector is managed. The 2026–2030 Government Debt Management Strategy outlines how departments will better use data and earlier engagement to help people who fall behind on payments, ensuring repayment plans […]
Read MoreMALG Community Catch Up: March 2026
Hello to all our Members and Associates, welcome to the newly-named MALG Community Catch-Up – your monthly update on opportunities to ‘work together to improve the lives of people in debt’. In this edition: Latest Podcast Episode: Introducing new MALG CEO Virtual Launch Event: Self-Serve Debt Advice in the AI Era MALG Conference 2026: Save the Date New Member Members […]
Read MoreFOS and FCA consulting on new measures to modernise and transform the UK redress system
Following feedback from industry and consumer groups, the Financial Ombudsman Service (FOS) and the Financial Conduct Authority (FCA) have outlined the next steps on their joint work to modernise the redress system. Key changes being proposed include: A new registration stage to ensure that complaints referred to the Financial Ombudsman are within its scope and […]
Read MoreMoney and Mental Health Policy Institute report published to make it easier for people with mental health problems to share support needs across essential services providers
Money and Mental Health Policy Institute’s new report ‘Stuck on Repeat‘ explores how people with mental health problems disclose their support needs to essential service providers, and the barriers they face in doing so. It shows that many people are missing out on vital support from providers such as banks, energy firms and water companies […]
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