A new government scheme coming into effect from 4 May will give those in problem debt in England and Wales the right to temporary legal protection from their creditors. The Debt Respite Scheme, also known as breathing space, was first […]
The government announced this week that the Financial Conduct Authority (FCA) will be regulating buy-now-pay-later (BNPL) products in the future. This change came as a result of a review of the unsecured credit market, which looked at products such as […]
The Financial Conduct Authority (FCA) has updated its guidance to lenders and it’s mostly good news for those struggling financially due to the current pandemic. The repossession bans for homes has been extended to 1 April 2021 (except for in […]
With the deadline for tax self assessment coming up next week – it’s midnight next Sunday by the way – now is the perfect time to complete some important money tasks. It might not be the most exciting thing to […]
‘Tis the season to spend, spend, spend. It’s good for businesses, the economy and possibly a little for your mental health, too. But for your bank balance? Not so much. Managing our spending can be difficult at the best of […]
The Financial Conduct Authority (FCA) has announced a range of new proposals meaning borrowers in financial trouble may be able to get additional help from their lenders, including new payment holidays. You should check with your lender as to what […]
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