My pick of last week’s debt news is the Bailiff Reform campaign.
Graph of the week
This year, 690,000 families in England have paid at least £200 more in Council Tax as a result of the abolition of Council Tax Benefit pic.twitter.com/SvieHm2NAQ
— New Policy Institute (@npi_research) March 16, 2017
Taking Control: the fundamental need for Bailiff reform Report from 7 major charities, also a website for gathering bailiff stories. My blog on the campaign: Bailiff problems? Add your voice to the call for reform.
Rising living costs are to blame for Britons getting into more debt and a third rely on cards and loans to get by each month Average unsecured borrowing rose by almost £300 to £6,372 this year.
The FCA killed payday loans but what followed could be just as bad for borrowers Influential groups such as the Financial Services Consumer Panel, which offers advice to the FCA, have called on the Government to clamp down on these types of credit in a similar fashion to payday loans.
Iraq cases lawyer Phil Shiner declared bankrupt A lawyer who brought false claims against Iraq War veterans has been declared bankrupt… A property in Birmingham, which the Insolvency Service lists as his address, was transferred to his daughters for £300,000 in January.
Cabot sees EBITDA surge towards £250m Cabot Credit Management’s adjusted EBITDA increased by more than £50m to £247.8m for the full year 2016, its annual results reveal.
Debt collectors chasing Carlisle sisters for hospital parking fines that had been cancelled A family who received eight parking tickets while at their dying relative’s bedside are being chased by debt collectors.
Pensioner mortgages boom in Britain’s broken housing market Good article: There is now “enormous” pent-up demand for mortgages that stretch into borrowers’ 70s, 80s and even 90s, lenders say – and deals are becoming increasingly available. But the profile of older borrowers is not straightforward.
Who were the biggest IVA firms in 2016? My League Table showing all IVA firms who did more than 500 IVAs last year and the growing market concentration.
Tory welfare chief says disability benefit appeals are ‘extremely low’ Damian Green ignored his own department’s statistics – released today – that show November, December and January had the highest rates on record.
U-turn if you don’t want to The Chancellor’s U-turn on his Budget plan to raise National Insurance for the self-employed is a very unusual one, combining as it does a very firm defence of the need for the policy with the decision to scrap it.
I am a legal aid lawyer for people facing eviction – they are the real Daniel Blakes From the care leaver paying £650 a month to live in a shed to the tenant with one light bulb…
- Is rising child poverty a price worth paying to protect our children? If ever a U-turn was needed, it is now.
- Ending Child Poverty Will Improve Child And Population Health There is no inequality that burns brighter than the deep injustice that consigns children from deprived backgrounds to poorer health than their more affluent peers.
Boost for Equitable Life victims as MPs announce they are to debate compensation issue So far the Government has paid out just £1.5 billion of the £4.1 billion lost.
- Gambling problems for ‘1 in 4 young men’ (Times Paywall) A quarter of young men have a gambling problem and GPs should consider screening them for the addiction, researchers say.
- Gamblers ‘lost more than £10,000’ on fixed-odds betting terminals GambleAware charity’s analysis submitted to government’s gambling review reveals extent of losses on controversial FOBTs.