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24 October, 2011

Debt Relief Orders in Northern Ireland

New Statutory Rule that corrects an error in Regulation 8 of the Debt Relief Orders (Designation of Competent Authorities) Regulations (Northern Ireland) 2011 which describes persons ineligible to be intermediaries in Northern Ireland.

19 October, 2011

Thousands of people die each year from illnesses linked to fuel poverty

Department of Energy and Climate Change publishes Professor Hills' interim fuel poverty review which focuses on people with low incomes driven into poverty by high fuel bills.

19 October, 2011

Revised debt collection guidance

Office of Fair Trading publishes new guidance which sets out unfair or improper business practices, such as such as using social networking sites such as Facebook or Twitter to contact debtors.

19 October, 2011

Scottish Insolvency Statistics

New statistics from Accountant in Bankruptcy show a 4 per cent rise in personal insolvencies on the same period last year.

17 October, 2011

Examples of good practice to help consumers overcome periods of financial difficulty

New Citizens Advice publication seeks to promote constructive engagement between creditors, advisers and consumers, leading to better outcomes.

13 October, 2011

Mortgage debt increase of 64 per cent on previous year in Northern Ireland

Citizens Advice 'Dealing with Debt' annual report shows that mortgage debt represents the largest debt amount for households.

13 October, 2011

Good practice in dealing with debt

Citizens Advice publishes report which uses examples of good practice to demonstrate key principles to help people overcome their debt problems.

13 October, 2011

Private rents unaffordable in 55 per cent of local authorities in England

Shelter research shows that typical rents from private landlords were over a third of average take-home pay, above the level considered unaffordable.

11 October, 2011

30 per cent increase in number of people remortgaging

New figures published by the Council of Mortgage Lenders show that remortgaging continued to increase in August 2011.

10 October, 2011

Consumer Credit Act 1974 - Misleading or otherwise undesirable names

OFT launches consultation on its approach to notification of names for inclusion on a consumer credit licence and type of names which will be considered misleading or otherwise undesirable.

29 September, 2011

Preventing fraud against financial institutions

Audit Commission launches NFI real time data matching service to prevent fraud where an applicant has falsely declared they have a right to reside or work in UK.

29 September, 2011

Increase in number of people with rent arrears

Debt advice charity helpline National Debtline has received an 84 per cent increase in calls from people struggling to pay rent.

28 September, 2011

Office of Fair Trading publishes mental capacity guidance

Guidance aimed at consumer credit businesses when considering granting credit to people who might not have the mental capacity to make informed borrowing decisions.

28 September, 2011

Keeping on top of rogue debt management companies ‘like weeding bad patch of grass’

Money Advice Trust comments on news that OFT has closed down 40 per cent of fee-charging debt management companies investigated last year.

22 September, 2011

Link between income inequality and health and social problems

New Joseph Rowntree Foundation report examines who might be most affected by income inequality and other possible impacts.

21 September, 2011

Money Advice Trust reports steep rise in calls from people with water debts

Charity responds to Consumer Council for Water report which highlights a decrease in number of complaints to water companies.

19 September, 2011

New Consumer Credit Counselling Service report ‘Debt and Household Incomes’

First report in series of three published which examines the impact of debt and changing economic conditions on financially vulnerable households in the UK.

19 September, 2011

New Consumer Bill of Rights

New Bill will bring together consumer law found in 12 Acts or regulations and the European Consumer Rights Directive to strengthen consumer rights.

16 September, 2011

Tougher action needed on fee charging debt management companies

Citizens Advice responds to Office of Fair Trading’s consultation on debt management and credit repair services guidance.