debt

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

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

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Rent-to-own firms face price cap from April but customers could still be charged double the value of the product

The UK financial watchdog is introducing a price cap on rent-to-own firms to protect vulnerable customers

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Surge in payday loans raises concerns about consumer debt

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

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Ban on overdraft fixed fees planned by regulator in a "radical" crackdown on banks' punitive charges

Banking customers will no longer be shown daily or monthly fees for overdrafts in a new crackdown by the financial regulator the Financial Conduct Authority (FCA).

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

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

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

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.

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Three million households are in debt to their energy supplier - and they owe £134 each on average

The number of households owing money to their energy supplier has increased by over 300,000 in the past year, new research shows.

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

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

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How does your money stack up against your peers? New interactive tool allows young people to compare their finances

While millennials are less likely to own a home than ten years ago, they are also less likely to be in debt, but how do you compare?

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UK grandparents have a total worth of £5 trillion - and half plan to pass wealth to their grandchildren

Despite grandparents having a total net worth of over £350,000 on average, a fifth are still not debt free, new research shows.

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