Money Wellness

Debts

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    debts

    Over 3 million people turned to loan sharks in the last year

    Millions of people turned to a loan shark in the last year. Find out what to do if you think you’re dealing with one and what’s driving the rise in illegal lending.

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    Call for more help for survivors of economic abuse

    More needs to be done to help victims of economic abuse regain financial independence, according to a new report from UK Finance. Find out what changes they’re calling for and the additional measure we think is vital to help survivors of financial abuse.

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    debts

    Domestic violence survivors' safety at risk from rise in court fees

    Before they apply for insolvency, domestic violence survivors can ask for their address to be withheld from the insolvency register. But there’s a cost and from today it’s becoming even more expensive.

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    debts

    Barclaycard change could see customers hit with higher interest

    Find out how a charge to Barclaycard’s terms could see you paying off your debt for longer and paying more interest.

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    debts

    ‘Black clouds hanging over’ people with energy debt

    As an MP calls for urgent action on growing household energy debt in the UK, find out what to do if you can't keep up with your gas and electricity bills.

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    debts

    Loan shark pensioners ordered to pay £1.2m

    As two female pensioners are ordered to pay £1.2m for illegal money lending, find out what to do if you've borrowed from a loan shark.

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    debts

    Outstanding payments on credit cards grow by 10%- the best ways to pay off your credit card debts

    Outstanding balances on credit cards have grown by almost 10% annually, as UK Finance releases it’s figures about card spending in January of this year.

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    debts

    Brits spend £1.4 billion a year on overdrafts

    If you're in need of debt advice, we can help.

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    debts

    Nearly one in ten people borrow money to fund food shops, Lenvi finds

    Lenvi’s recent report on buy now, pay later (BNPL) loans and products gives us insight into people’s reasons for borrowing.

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    debts

    Vulnerable and minority groups are twice as likely to use unregulated buy now, pay later loans

    Unregulated BNPL loans are causing the most vulnerable and minority groups in the UK to be at risk of debt to them.

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