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How to climb out of debt

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'Rent-to-own’ price cap planned - but households could still pay DOUBLE the cost of products in fees and interest

Thursday, 22 November 2018 | News

Rent-to-own retailers face a price crackdown after the financial watchdog proposed a cap on this type of high-cost lending. 

Talk Money Week: nearly half of UK adults are hiding more than £4,000 of debt from their family and friends

Monday, 12 November 2018 | News

Millions of adults in the UK could be sitting on a secret debt mountain that they are hiding from their family and friends, new research shows.

Vulnerable young people offered financial education cut their debts by 60% - while their peers see borrowing rise by 50%

Tuesday, 23 October 2018 | News

Investing in the financial education of vulnerable young people has a dramatic effect on their financial wellbeing, new research has found.

Problem debt costing taxpayers £250 million a year

Thursday, 06 September 2018 | News

The growing level of problem debt is costing taxpayers almost a quarter of a billion pounds every year as well as having wider economic consequences, according to the National Audit Office (NAO).

Households struggle to pay bills as demand for debt help hits five-year high

Tuesday, 04 September 2018 | News

Demand for help with debt is expected to reach a five-year high as more families struggle to pay household bills, according to National Debtline.

A quarter of new parents get into debt

Friday, 27 April 2018 | News

Parents are racking up £2,700 in debt as they struggle to make ends meet while on maternity or paternity leave. 

Government targets loan sharks

Wednesday, 25 April 2018 | News

A crackdown on loan sharks will tackle unlawful lending and increase support for victims. 

Student loans interest rates climb to 6.3%

Wednesday, 18 April 2018 | News

The headline interest rate on student loans has risen to 6.3%. 

“Should I use my pension to clear my debt at age 60?”

Wednesday, 11 April 2018 | Article

“Should I use my pension to clear my debt at age 60?”

Student loan repayment threshold raised

Friday, 06 April 2018 | News

From today, the way you repay your student loan has changed. The salary threshold for when you start repaying your loan has been raised and, for many, the amount you’ll repay each month has fallen.