Its report on the Social Fund says that the rate of repayment to the government-supplied loans hurts larger families the most and requires “radical reform”. “In its current form, the Social Fund is making only a limited contribution to meeting…

This has prompted concern from Citizens Advice that those on low incomes will be forced to go into debt by borrowing money to repay overpayments, as well as pay for food. Organised fraud and IT problems have been blamed for…

Which? magazine said that HBoS, RBS and NatWest charged £118 for someone going £50 over their £250 overdraft limit for three days, which included direct debit, cheque and standing order charges. This has prompted calls that such charges are unfair…

Its latest figures show that the increase in loans totalled £9.3 billion last month, up from the £9.2 billion increase in March. However, this was still below the six month average for growth rates and has led to caution from…

Figures from accountancy firm BDO Stoy Hayward reveal that the Treasury has enjoyed massive increases in the amount of money it has collected from Britons since the Labour government came to power. Revenue from income tax has increased by 55…

According to a One Advice study, not only are 249,000 people missing mortgage deadlines, but well over a million more have racked up debts on credit cards and loans. The addition of 661,000 people accumulating credit card debt and 416,000…

Irish consumers are being told by their regulator to put any money they will get from Special Savings Incentive Accounts (SSIAs), which will mature shortly, into paying off high interest debt. “Reducing outstanding debts will give you peace of mind…

The Department of Trade and Industry (DTI) has launched a website highlighting how, starting next April, consumers will be able to take disputes to court and get clearer and better information. Teresa Perchard, director of policy at Citizens Advice, welcomed…