MoneySavingExpert News

Managing debt

Martin Lewis: A year of being debt-free is far more important than a Christmas splurge

Martin Lewis has warned households against splurging this Christmas, while also highlighting the importance of being honest about their finances in a bid to remain debt-free over the festive period and beyond. Read below and watch the clip from The Martin Lewis Money Show Christmas Special for more.

26 November 2021

Urgent action called for as mental health sufferers consider or attempt suicide after finances hit during the pandemic

People with mental health problems have faced a much bigger hit to their finances during the pandemic than the wider population and are three times more likely to have fallen into serious debt, according to the results of a major national survey published today.

24 November 2021

Vanquis Bank to repay cardholders £169 million - ensure you don't miss out

Vanquis Bank has been ordered to pay 1.2 million customers almost £169 million in compensation

27 February 2018

Bankruptcy threshold to be raised from £750 to £5,000

More financially vulnerable people will be able to avoid the most drastic formal insolvency solution from October

15 January 2015

Bankruptcies down almost 20% during past year

The number of people going bankrupt has fallen to a 15-year low in England and Wales, according to official figures

29 October 2014