Debt news – 4 July 2021 · Debt Camel


My selections this week are two articles you won’t have noticed:

Tenancy charges have been banned a yr in the past, but one company attempted to silence this creator once they charged his spouse greater than £400 to transport out and

“If you’re not too hot, we’re evicting you”


Debt news

New DRO regulations come into drive:

We’ve been told our cladding bill could be £13,000,000 Which? I’ve by no means overlooked a invoice cost in my lifestyles! I didn’t set up this unsafe cladding, I are living in an unsafe flat which I will be able to’t find the money for to mend and can’t promote.

Renting:

(*4*) Resolution Foundation: Despite family earning convalescing in contemporary months, source of revenue and spending pressures all the way through the disaster have ended in expanding ranges of debt for 13 according to cent of people – emerging to 21 according to cent for the ones in the second one lowest source of revenue quintile.

IVAs: Britain’s next misselling scandal? A protracted documentary on YouTube.

Credit playing cards:

High value credit score:

Benefits & different news

Access to Cash Consultation Treasury: It seeks perspectives on: organising geographic necessities for the supply of money withdrawal and deposit amenities, the designation of companies for assembly those necessities, and organising additional regulatory oversight of money carrier provision.

Too poor to switch — the financial risk that stops low income households accessing the best deals CAP: worry of ‘bill shock’ — when you’re charged significantly greater than you have been promised at the worth comparability website online — or having bills taken via each previous and new suppliers on the identical time — gave other folks really extensive pause for idea.

Diesel Emissions Claims MSE: Owned a diesel automotive since 2007? Should you sign up for the loads of hundreds who’ve signed as much as felony claims?


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