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How to get out of debt in 2019

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Households in serious debt to get 60-day breathing space period under new government plans

Wednesday, 19 June 2019 | News

People struggling with problem debt will get 60 days of “breathing space” from debt collectors and bailiffs to help them get their finances back under control, the government has announced.

Maths, the only subject that counts

Wednesday, 24 April 2019 | Blog | By Jasmine Birtles

Just because I write about money, and turn up on TV and radio talking about the stuff, people assume that I’m a maths genius. But I’m not a natural mathematician by any means.

Bailiffs could be forced to wear bodycams in new crackdown to raise debt collection standards

Thursday, 11 April 2019 | News

MPs are urging the government to introduce new regulation for bailiffs to stop them breaking the law and provide better protection for vulnerable families.

Surge in payday loans raises concerns about consumer debt

Friday, 25 January 2019 | News

There has been a sharp jump in the number of payday loans, raising concerns about rising consumer debt.

'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.