WGPlus (Archive)

They need help more than most
Free online support to help Universal Credit claimants with their personal finances launched last week.  Money Advice Service’s Online Money Manager is an interactive tool that offers personalised advice, on making the most of your money while you’re on Universal Credit.  It offers help & advice on a range of money topics, including opening a bank account, keeping on top of bills and dealing with debt.
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DWP:  New budgeting support for Universal Credit claimants

Reforms will make financial advice and guidance work better for consumers

CSJ:  Household debt grows for 26th consecutive month, reaching £1.47tn

Tactics of some doorstep lenders causing serious hardship for borrowers, warns Citizens Advice

Debts to household bills outnumber consumer credit debts reported to Citizens Advice

People will seek help with their finances every 3 seconds in January, says Citizens Advice

New measures to protect consumers from debt claims

CAB: People with poor mental health twice as likely to be behind on bills

CAB: Payday lenders still failing to carry out credit checks on all borrowers

CAB:  People putting themselves at risk by debt decisions

RegTech Webinar: Join leaders from government agencies and regulators to discuss, review and reflect on the adoption of regulatory technology within Government.