MSE News

Debt

Millions in debt crisis to be helped by two-month 'breathing space'

New rules which will give people struggling with problem debt a grace period of 60 days to get their finances back under control are set to help millions, according to new estimates published by the Government

6 February 2020

Record numbers taking out voluntary arrangements to cope with debts

Record numbers of Individual Voluntary Arrangements were taken out last year by people struggling with debt, according to new Government figures

31 January 2020

Warning over aggressive debt collections after energy firm failures

Tens of thousands of energy customers lost vital protection from aggressive debt collection following the collapse of 11 firms, which also left a potential bill of £172 million across the industry, according to Citizens Advice

21 June 2019

Charities call for action against rule-breaking bailiffs

A third of people contacted by bailiffs experience rule-breaking behaviour, including threats and forced entry, according to Citizens Advice and debt charity StepChange

13 November 2018

'Breathing space' victory for those struggling with debt while in hospital for their mental health

Thousands of people in mental health crisis and struggling with serious debt are set to be given more help

24 April 2018

New rules to protect those in debt mean your credit card may be suspended if you only make minimum repayments

Credit card customers struggling with persistent debt are to be offered extra help by lenders, under new rules

27 February 2018

'I cleared £180,000 of debt in 12 years - such a relief'

A MoneySaver who racked up £180,000 in debt has told how she finally became debt-free 12 years later

19 January 2018

MSE calls on the Government to give people in debt crisis REAL 'breathing space'

People struggling with serious debt should be given a grace period of a year before being hit with interest

16 January 2018

New advice service launched for those with mental health and debt problems

The charity Mental Health UK has set up a new debt advice service for those with money and mental health problems

28 November 2017

Guest Comment: Why we need to talk about debt and money in our relationships

Chris Sherwood, chief executive of Relate, explains what the charity has learned from its recent research

28 November 2017

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