Money Wellness

Debts

    Image of a shark with a hat and a swag bag standing over a worried looking man
    debts

    Beware – loan sharks come in all shapes and sizes!

    The country's oldest loan shark was spared jail this week after 20 years of illegal lending and intimidation. Would you be able to spot a loan shark or know how to report one?

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    Wooden blocks against a whitewashed brick wall spelling out buy-now-pay-later
    debts

    Buy-now-pay-later users ‘more likely to be in financial difficulty’

    21% of BNPL users have fallen behind with unsecured debt repayments in the last year, compared with 6% of other borrowers.

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    An online hacker at a laptop steals online information
    debts

    Cyber attack on electoral registers – your questions answered

    Find out what to do if you're worried about the cyber attack on the UK's electoral registers.

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    debts

    Number of missed payments already at winter levels

    A study by consumer group, Which? reveals that the number of people missing payments has risen to levels usually seen in during the winter. What should you do if you miss payments and when should you get help?

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    Close-up of a man paying for something on a laptop using a credit card
    debts

    How to deal with credit card debt as rates reach 27-year high

    As the interest rates on credit cards reach a 27-year high, we look at the best way for people in different financial situations to deal with credit card debt.

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    A worried-looking woman sits at a laptop going through her bills
    debts

    Call for money advice to go hand-in-hand with mental health support

    The Money and Mental Health Policy Institute has called on the government to invest in a joined up approach to money advice and early mental health support.

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    Image of a person holding a phone with a buy now pay later check out screen open
    debts

    Millions don’t realise debt risk of buy now pay later

    More people are using buy now pay later than any other form of credit but around half of adults in the UK aren't even aware that it could land them in debt, according to a new survey

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    Image of a man signing a financial contract
    debts

    What does Consumer Duty mean for you?

    With just days to go until Consumer Duty comes into effect, we take a look at the changes and what it’ll means for you as a customer

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    Image of woman with her head in her hands looks at bills in front of her
    bills

    1.3m households missed a bill payment in a single month

    Missed a payment last month because you couldn't afford it? You're not alone - 1.3 million households did. We look at the help that's available

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    debts

    Money Wellness highlights support needs of vulnerable customers in debt

    We were invited to speak at two big events last week to help highlight the extra support some customers may need when they find themselves struggling with problem debt

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