Read this article where ministers are urged to increase Universal Credit by £20 to prevent people getting into dire straits.
Read this article explaining what support options are available as the government lifts the suspension on debt collection.
Read the diary of how a Citizens Advice debt advisor has helped desperate people in this article.
The country is in the deepest recession on record. So, “Now is the time to stop spending on your credit card bill and clear any debts you may have”. See the full story here.
Lock-down has put many Britons in debt. Read this article giving advice on how to manage it.
Martin Lewis urges people who need to transfer credit card balances to help in clearing their debt do it now as the deals look like they’re ending soon in this article.
Read this story explaining how Barclays Bank have dealt with a complex debt situation which they’ve cancelled due to its unfairness.
From 1 July, the DWP are starting to reduce Universal Credit payments if overpayments have been made in the past. See this article for the full story.
Professor Peter Shears from Plymouth Law School, writing for the Plymouth Herald, warns against getting involved with Loan Sharks and recommends City of Plymouth Credit Union, alongside Citizens Advice, as the “go to” organisation for help.
The Financial Conduct Authority (FCA) has agreed with the major banks a scheme to help customers with credit who are affected by Coronavirus. See this article for the full story.