Debt news – 2 May 2021 · Debt Camel


An enormous quantity of vital news this week, together with dangerous news for loan prisoners and leaseholders suffering from cladding issues.


Tweet of the week


Debt news

Insolvency:

Banks:

Mortgage prisoners:

Cladding:

Years in the making, the Domestic Abuse Bill receives Royal Assent and becomes law SEA: “We are specifically happy to peer financial abuse named within the definition of home abuse, bringing this devastating type of abuse into undeniable sight. “

Breathing Space:

Provident to dump doorstep loans arm Mail: A supply with wisdom of the plans mentioned the corporate used to be making ready to inform shareholders when it publishes its annual effects on May 10. My remark – somebody turns out to have put 2 and 2 in combination and been stunned on the solution. Plus the standard scaremongering about mortgage sharks.

StepChange redundancies:

Guardian: The client champion explains why it’s the most important the brand new on-line protection invoice comprises fraud and con advertisements

Benefits & different news

(*2*) Guardian: British boy and his Zimbabwean-born mom argued coverage denied them get admission to to welfare protection web.

A U-shaped crisis Resolution Foundation: The have an effect on of the Covid-19 disaster on older employees

Sharp rise in mental illness among those whose income fell away during Covid Guardian: Steepest decline in wellbeing got here amongst the ones newly reliant on common credit score and self-employment grants, UK survey unearths


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