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Debt News Stories

40% struggle to make it to payday

07th February 2018 Credit card debt is taking its toll, as 40% of Brits are struggling to make it to payday, with 31% of these saying it’s due to credit cards. This is according to a report by the New Economics Foundation, which has called for more restrictions. Read More...

Don’t be stuck in a cycle of overdraft debt

06th December 2017 Banks are being called upon to end overdraft charges in an attempt to help those who are stuck in a cycle of debt, with research finding that over 2m people in the UK are facing such debt, and banks aren’t exactly helping matters. Read More...

Problem debt sufferers set to get breathing space

24th October 2017 Debt is a growing problem. Many borrowers find themselves trapped in a cycle they can’t escape from, which is why new plans announced by the Government to give debt sufferers breathing space couldn’t have come at a better time. Read More...

Credit card debt among over-55s hits 6yr high

11th October 2017 Credit card debt can impact all ages, but it’s perhaps when approaching retirement that it becomes particularly worrying, which is why it’s so concerning that the amount of credit card debt held by over-55s has hit a post crisis high of £1,052. Read More...

Daily debt anguish impacts a third of Brits

06th September 2017 If you’re in debt, you’ve probably found that it’s never far from your thoughts. Indeed, new research has found that 33% of UK consumers worry about their finances at least once a day, with women, single parents and carers among the worst affected. Read More...

Credit card companies adding to problem debt

30th August 2017 There’s nothing worse than being stuck in a spiral of debt, yet with nearly one in five of those struggling with debt having had their credit limit raised without requesting it, it could be even harder to get out of the cycle. Read More...

“Generation debt” vulnerable to financial shocks

02nd August 2017 It can be difficult to save at the best of times, but there are some generations that find it even tougher – so much so that concerns have been raised over the financial resilience of those aged 25-34. Read More...

11% of credit card holders maxed out

29th June 2017 A new study shows that a worrying number of Brits are becoming increasingly dependent on credit, and as a result, 11% have maxed out one of their credit cards. Read More...

Credit card interest cut for those in problem debt

12th April 2017 Credit card debt can be tough to deal with, and companies haven’t been required to do that much to help. Happily, that could change: new rules could help those in persistent debt, which could even include interest and charges being waived. Read More...

Record numbers seek debt help

28th March 2017 There’s nothing worse than being in debt and not sure which way to turn, yet it seems to be a growing problem, with figures from a debt charity revealing that record numbers of people sought debt help last year. Read More...


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