Debt

Bankrupt consumers looking to open a new basic bank account will now only be able to open a Barclays account, after the Co-operative Bank decided to stop offering accounts to undischarged bankrupts.

The nation's dire economic plight doesn't mean you can't get on top of your finances. One MoneySaver today tells the story of how he got rid of £35,000 of debt in less than four years , giving hope to others they too can tackle debt head on.

MoneySavingExpert.com creator Martin Lewis has defended our guide to mental health and debt after the debt collectors' trade body accused it of feeding "prejudice".

Unscrupulous credit and debt firms risk having their licences taken away immediately under new powers to be granted to the Office of Fair Trading.

It may sound like weirdy-beardy nonsense, but many savers can more than double their interest using my savings fountain concept.

Families have seen their finances improve over the last year which has helped them boost their savings despite the recession, according to a report.

Vulnerable borrowers could be better protected against payday loan companies, after lenders agreed to improve their codes of practice under Government pressure.

Payday lender Wonga has been ordered to stop aggressive debt collection tactics or face a £50,000 fine. In some cases it has accused debt-ridden customers of being fraudsters for paying late.

The UK is back in recession after a surprise 0.2% contraction in the economy in the first quarter of the year, official figures revealed today.

Citizens Advice will replace the taxpayer-funded Consumer Focus group under Government plans to shake up the consumer protection system.