All news on the topic: Debt

Last year the courts handed out almost £500million in fines but three-quarters of it has yet to be repaid, leading to fears criminals are being given a licence to break the law

Deen Adam was bemused to open a letter from an agency, working on behalf of Birmingham City Council, demanding he pay the authority £514 for alleged missed payments in 2006.

The Ofgem energy price cap is forecast to fall but bills are set to include a "temporary" charge to help tackle record levels of debt with many people behind on payments

Not investing, not buying a house sooner, and not making and sticking to a budget, are other things they wish they had done differently

A woman who suffered a double aneurysm before her partner died is worried for her future amid the cost of living crisis and has had to borrow money from a friend to afford food

Campaigners warned that becoming a parent will become a 'luxury' without action to tackle the spiralling cost of childcare as families take on debt and use their savings

If you’re thinking about getting a mortgage, you should be aware of the factors that affect your eligibility as this can be critical in whether you are accepted or not

'How much you stress and worry about your finances is actually more important than how much you are financially struggling ...' Here, we ask clinical psychologist Dr Thomas Richardson - an expert on the relationship between financial difficulties and mental health problems - how best to cope in the cost of living crisis

Dating debt is costing young people more than £2,000, which experts put down to social media pressure, but now a new podcast has launched to help them manage their money

The Government is considering feedback to a consultation on regulating buy now, pay later schemes

Laura Trott said she had "different figures" when she was presented with the latest official projections from the fiscal watchdog, which suggest an increase over the next five years

UK Finance reports that 93,680 homeowner were in mortgage arrears in the last quarter of 2023

Jillian, who is based in the US, took to social media to share the "snowball" tip which she used to clear over £53,000 worth of debts but she warned that the method only works if you are "intentional with your money and your time"

The Bank of England has been selling off Government debt in a bid to reduce inflation for the last two years

A balance transfer is when you move your existing credit card balance to a new card with a 0% period, so you stop paying interest on the debt and if you are not paying this you'll clear your credit card debt more quickly

The Martin Lewis Money Show returned to ITV screens this evening and tonight's episode focused on credit cards - and shared his 'golden rule' for anyone struggling with credit card debt

A standard breathing space is available to people with problem debt and gives legal protections from creditor action for up to 60 days

Two-fifths of people are finding it difficult to keep up with household bills and credit commitments, research found

The Money and Pensions Service said that in the first week of January, MoneyHelper's Money Troubles pages received 10,187 hits, up from 7,625 the week before Christmas

When a building yard went up in flames in the ITV soap Coronation Street on Friday, owner Ed Bailey was suspected of starting the blaze to pay his gambling debts

Martyn James is a leading consumer rights expert and this week he delves into what you need to know if you're worried about being cut off from your gas and electric

An overdraft lets you borrow money through your current account, so it’s a form of debt as it needs to be repaid - but how does this affect your credit score?

The next UK government will face one of the toughest fiscal challenges since the 1950s, with sluggish economic growth and high national debt, according to a report by the Institute for Fiscal Studies

The rise in referrals between April and October 2023 compared to the same period the previous year was uncovered by a Freedom of Information request by the BBC's File on 4 programme

The Office for National Statistics (ONS) said that public sector net borrowing hit £7.8 billion during the month