Money Wellness

Debts

    A sad-looking young man sits on the steps outside some flats
    benefits

    More support announced for youngsters leaving care

    More local authorities sign up to a scheme to help young people leaving care with the transition to independent living.

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    Image of a couple staring into each others eyes drinking a cup of coffee
    debts

    Telling a new partner about your debt

    Married at First Sight UK returned to our screens this week. To celebrate its return, we've looked at the best way to speak to a new partner about debt

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    Image of a row of credit cards
    debts

    People less able to pay off debt on 0% balance transfer cards

    Banks are reducing the length of 0% balance transfers on offer

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    A worried woman sits on the floor considering whether to seek help with financial abuse
    debts

    Victims of economic abuse ‘aren’t getting the justice they deserve’

    New research shows, although economic abuse is now being reported to the police on a regular basis, it's not being dealt with effectively.

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    A purse and a stopwatch
    debts

    More than one in seven buy-now-pay-later users have been charged a late fee

    Research by the Money and Pensions Service has shown 14% of BNPL users have missed a repayment and been charged a fee.

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    Image of a shark with a hat and a swag bag standing over a worried looking man
    debts

    Beware – loan sharks come in all shapes and sizes!

    The country's oldest loan shark was spared jail this week after 20 years of illegal lending and intimidation. Would you be able to spot a loan shark or know how to report one?

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    Wooden blocks against a whitewashed brick wall spelling out buy-now-pay-later
    debts

    Buy-now-pay-later users ‘more likely to be in financial difficulty’

    21% of BNPL users have fallen behind with unsecured debt repayments in the last year, compared with 6% of other borrowers.

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    An online hacker at a laptop steals online information
    debts

    Cyber attack on electoral registers – your questions answered

    Find out what to do if you're worried about the cyber attack on the UK's electoral registers.

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    image of a woman looking at bills and holding her head in her hands
    debts

    Number of missed payments already at winter levels

    A study by consumer group, Which? reveals that the number of people missing payments has risen to levels usually seen in during the winter. What should you do if you miss payments and when should you get help?

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    Close-up of a man paying for something on a laptop using a credit card
    debts

    How to deal with credit card debt as rates reach 27-year high

    As the interest rates on credit cards reach a 27-year high, we look at the best way for people in different financial situations to deal with credit card debt.

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