My pick of last week’s news is the MAT blog on the Breathing Space consultation.
Video of the week
‘I ended up with a £620 charge’: Virgin Money customers complain after applying for replacement credit card that defaulted to minimum payments Mail: “Rae applied for the card again as a new customer, and found there was no option to pay anything else other than the minimum payment.”
The real cost of debt on the UK’s poorest families Sky: Households experiencing poverty spend 34% of their gross income on debt repayments.
The recent Appeal Court decision on statute barred debt:
- Doyle v PRA decision;
- National Debtline’s factsheet updated: Time limits for recovering debts The cause of action (when the limitation period starts running) for simple contract debts is usually when your agreement says the creditor is able to take court action against you. With some agreements, this will be after a default notice has been sent to you and then expired, contact us for advice.
- My article updated: Statute barred debt – common questions.
People in debt need genuine ‘breathing space’ – that means from government, too MAT blog on their response to the Breathing Space consultation: It is absolutely critical that local authorities, HMRC and DWP in particular are included in the protections offered by both Breathing Space and Statutory Debt Repayment Plans.
Dentist ‘unfair’ fines investigated by watchdog BBC: The dentists’ organisation says almost 430,000 penalty fines were issued last year – which they say is often “simply for ticking the wrong box on claim forms”.
Our new work programme: Using financial data to support people with mental health problems MMHPI blog: Starting another conversation about why tools suggested in a tech sprint 2 years ago have not been built and how this could be changed.
Taxman chases social workers over loan scheme linked to bra tycoon Michelle Mone’s partner Times (£ paywall) one of the main schemes used to pay the social workers involved indefinite loans, not required to be paid back, from SmartPay, a company based on the Isle of Man.
Wageday Advance proposes cutting the refunds it pays My article – I can’t imagine why the FCA would agree to this.
Insolvencies ‘highest for seven years’ BBC: There were 71,034 IVAs last year, an increase of 19.9% on 2017.
Universal credit news
No money, no food, no heating. Stop complaining, take yourself off universal credit states DWP advisor. The Poor Side of Life blog.
‘Families on Universal Credit are so hungry they’re eating stolen dried pasta and cutting ends off shoes so they last longer’ Sun: It sounds positively Dickensian but this is Britain in 2019.
Half of magistrates courts in England and Wales closed since 2010 Guardian: Defendants, witnesses, police, lawyers and JPs left having to travel huge distances to court.