HM Treasury announces stronger rights and clearer protections for Buy-Now-Pay-Later customers under new rules
HM Treasury has announced that over 10 million people who use Buy-Now, Pay-Later (BNPL) products will gain stronger rights and clearer protections under new rules – stopping unaffordable borrowing and helping families keep more of their money. From next year, BNPL firms will need to follow consistent standards — so shoppers will know exactly what […]
Read MoreStepChange announces new appointments and investment growth plans
Debt charity, StepChange, has announced that it is making a significant strategic investment in its new Growth and Innovation team, with the aim of ensuring the charity remains at the forefront of service development and partnerships working in a rapidly changing landscape. Leading this new phase of growth are three senior appointments with Lee Usher […]
Read MoreBob’s Blog: MALG Conference 6 months today – outline programme revealed!
Hello to all our Members and Associates, In this edition of Bob’s Blog: Conference 2025 – outline programme revealed! National Members Meeting May 2025 – Registration closes 5pm today Podcast Episode 6: ‘Life changing conversations with customers in debt’ Annual Member Engagement Survey 2025 New Members Members Friday Forum Regional Meetings Conference 2025 – outline programme […]
Read MorePeople in debt more than twice as likely to report very poor mental health, Money Advice Trust research reveals
To mark Mental Health Awareness Week 2025, National Debtline (part of Money Advice Trust) has published new research emphasising the stark correlation between debt and poor mental health. The research finds people behind on their household bills are more than twice as likely to struggle with very poor mental health. 16% of UK adults behind […]
Read MoreNew Lowell Financial Vulnerability Index research shows household finances in worst state since pandemic
The latest Financial Vulnerability Index research, undertaken by Lowell and Opinium, shows that households in the UK are: Using up their savings: 6 in 10 lack sufficient savings and more than a third have less than £1,000 in emergency savings – the highest figure recorded. Relying more on riskier forms of credit: For the first […]
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