News and tips on tackling debt, living on a debt plan and other debt matters
Make sure you understand the vital difference between arrears and default letters
Posted 13 April 2017 by Christine Walsh
Make sure you know whether you’ve got an arrears letter or a default notice.
Will the FCA tell banks to slash overdraft charges?
Posted 18 September 2017 by Christine Walsh
The financial watchdog is looking into ways to tackle unarranged overdraft charges.
More breathing space for people in debt could be on the horizon
Posted 13 June 2017 by Christine Walsh
Both Labour and the Conservatives pledged more breathing space for those struggling with debts. We have a look at what could change for people struggling with debts, now we know the result of the election.
Can the FCA get the interest and charges on your credit card written off or frozen?
Posted 18 April 2017 by Christine Walsh
The FCA thinks too many people are in persistent credit card debt and they’ve proposed new ways for credit card companies to help their customers.
Lenders contacting you for payment? Here’s what you need to do to make it stop
Posted 17 April 2017 by Christine Walsh
If your lenders are asking you for payments, you need to stay in touch with them and you might need to get debt help to solve the problem.
To find out more about managing your money and getting free debt advice, visit Money Advice Service, an independent service set up to help people manage their money.