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All of the latest debt news, advice and tips from Debt Assist UK.

School Uniform Aid Drops 70%

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School Uniform Aid Drops 70% Parents are being pushed into further debt as councils stop financial aid for school uniforms.According to a new report obtained through the Freedom of Information…

What Affects Your Credit Score?

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What Affects Your Credit Score? Your credit score is used by lenders to decide whether or not to lend you money. There is no standard credit score; there are three…

Credit Card ‘Cash Advance’ Fees

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Credit Card ‘Cash Advance’ Fees The cash advance charge on most credit cards can be an unwelcome, and often unexpected, surprise that can throw your entire budget out of the…
Love Island Debt

‘Instagram Lifestyle’ Landing Brits in Debt

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‘Instagram Lifestyle’ Landing Brits in Debt A recent report has suggested that many Brits are getting themselves into debt to live what is called an 'Instagram lifestyle’. They are overspending…
FIFA Ultimate Team

Children Emptied Parents’ Bank Account on FIFA

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Children Emptied Parents' Bank Account on FIFA Four children cleared the family bank account, after spending almost £550 in three weeks buying ‘player packs’ on the FIFA video game on…
Credit Card Debt

Credit Card Debt Soaring

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Credit Card Debt Soaring Following a decade-long borrowing spree, Brits owe a staggering £72.9 BILLION on credit cards according to new figures from the Bank of England. As well as…
breathing-space

Debt Breathing Room For 2021

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Debt Breathing Room For 2021 As we discussed earlier, the government wanted to bring in ‘breathing space’ of 60 days for those struggling to repay their debts. It has been…
Utility Bills

You Could Be Owed £886!

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You Could Be Owed £886! In a time when people are already struggling to pay their bills, it has been revealed that consumers have been overcharged a shocking £24bn on…

Debt of the Average Brit

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Debt of the Average Brit A new survey has found that the average adult in Britain has debts of £6,936.The survey commissioned by Salary Finance shows that the average adult…

Spending Soars on Payday!

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Spending Soars on Payday! A new survey has revealed that a third of people double their non-essential spending on payday.Post Office Money ran a survey that found that people not…

Personal Insolvencies in Scotland on the Rise

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Personal Insolvencies in Scotland on the Rise In 2018-19, the number of personal insolvencies in Scotland rose by 5%. It is reported that there were 4,862 ‘awards’ of bankruptcy (sequestration)…
bailiff-worry

16% Rise in Problem Bailiffs

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16% Rise in Problem Bailiffs Citizens Advice has recently reported a sharp rise in the number of people who are seeking help with “bailiff-related issues”.The numbers reported to Citizens Advice…
household-bill-debts

Bills Just Got More Expensive

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Bills Just Got More Expensive From April 1st your household bills got that little bit more expensive.Often referred to as National Price-Hike Day April 1st is the date when many…
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Real People, Real Stories

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Real People, Real Stories 41% of men in England, Scotland and Wales, aged 20-59, do not seek support as they prefer to solve their own problems. This is according to…
gambling-and-suicide

Problem Gamblers 15 Times More Likely To Commit Suicide

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Problem Gamblers 15 Times More Likely To Commit Suicide People with gambling problems are 15 times more likely to commit suicide.A recent report from academics at Lund University in Sweden,…
credit-card-debt

Credit Card Debt Cycle Revealed

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Credit Card Debt Cycle Revealed The Financial Conduct Authority (FCA) has revealed that some credit card customers are being charged multiple fees for just one missed payment.Multiple missed, or late,…

One in Three Struggling to Pay Bills

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One in Three Struggling to Pay Bills Around a third of all adults in the north-east of England are struggling to pay their bills according to a new report from…

XBox One X on BrightHouse

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XBox One X on BrightHouse We’ve recently had a client who was paying for an XBox One X through BrightHouse. When we looked into it, what we found was shocking.…
Models Struggle With Debt

Fashion Models Struggling With Debts

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Fashion Models Struggling With Debts In our quest to remove the stigma of debt, we try to highlight those who we may not necessarily associate with debt troubles. As it’s…

Money Worries Affecting Workplace Performance

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Money Worries Affecting Workplace Performance The inaugural Close Brothers Financial Wellbeing Index shows that 39 percent of employees worry about money ‘always’ or ‘often’, with younger workers the most affected.The…
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Debt Assist Receives Feefo Gold Trusted Service Award 2019

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Debt Assist Receives Feefo Gold Trusted Service Award 2019 Debt Assist UK has won the Feefo Gold Service award, an independent seal of excellence that recognises businesses for delivering exceptional…

Almost A Third Of People Struggle To Pay Their Bills

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A Third Of People Struggle To Pay Bills According a recent report from United Utilities, 3-in-10 people struggle to pay their bills in the North West of England.Louise Beardmore from…
Jaguar Land Rover Job Losses

5,000 Jobs Cut at Jaguar Land Rover

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5,000 Jobs Cut at Jaguar Land Rover Jaguar Land Rover has announced today that it is cutting 5,000 jobs from its UK workforce of over 40,000.Although some production staff may…

Record Debt Levels

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Record Debt Levels UK households now have an average of £15,385 of unsecured debts!This shocking figure comes from a recent TUC survey, the trade union body suggests this rise is…

Dad-of-Three Tried To Kill Himself Over Universal Credit

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Dad-of-Three Tried To Kill Himself Over Universal Credit Dad-of-three, Dean Lovell-Payne, took a massive overdose in September whilst on the phone to the Department of Work and Pensions (DWP), after…

Utility Switching? That’s so 2018

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Utility Switching? That’s so 2018 By now, everybody knows that they should be switching energy providers annually in order to get themselves the best deals, however we often hear complaints…

The Debt Assisters

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The Debt Assisters We have had several people contacting us believing we are The Debt Assisters. Although they don't have a website, they can be found on Facebook here. We are…

Beware: Fake Debts Scam

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Beware: Fake Debts Scam Fraudsters are contacting people claiming to be from Her Majesty’s Revenue and Customs (HMRC), and claiming that the person is in debt and they would be…

Heavy Debt Increases Suicide Risk

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Heavy Debt Increases Suicide Risk New research has revealed that more than 100,000 people per year attempt suicide due to struggling with large debts.One in 14 adults are currently struggling…

Katie Price IVA

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Katie Price IVA The former glamour model known as Jordan, has had an IVA accepted to cover her £22,000 debts.Katie Price has avoided bankruptcy after her creditors agreed to accept…

Universal Credit Children’s Christmas Crisis

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Universal Credit Children’s Christmas Crisis Ministers have been warned that more than 100,000 children could be exposed to financial hardship this Christmas, due to the struggling Universal Credit welfare programme.This…

Never Repay Debts

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Never Repay Debts This isn’t a suggestion...Many households are struggling with their debts so much, that they believe they will never repay their debts.This is according to a report from…

Household Debt Soars As Energy Bills Rise

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Household Debt Soars As Energy Bills Rise The energy switching service uSwitch has found that the UK’s average household energy debts have risen by a massive 24% over the past…

Bailiffs Can Still Chase You For…

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Bailiffs Can Still Chase You For… In yesterday’s budget, the Chancellor introduced a series of new measures to help protect people in debt, and offering them much needed breathing space.…

50% of UK Adults Financially Vulnerable

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50% of UK Adults Financially Vulnerable Half of the UK population are ‘financially vulnerable’, according to a new survey by the Financial Conduct Authority (FCA), with one-in-six people unable to…

Breathing Space From Bailiffs

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Breathing Space From Bailiffs In a victory for common sense, Theresa May is set to introduce a so-called ‘breathing space’ for those struggling with debts. This manifesto will offer a…

Five Signs That You’re Nearing The Debt Trap

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Five Signs That You’re Nearing The Debt Trap If you recognise one, or even more, of these signs, then you need to reevaluate your financial situation immediately. Your Income Goes…

Northern Rail Chaos Compensation

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Northern Rail Chaos Compensation A scheme to compensate customers affected by this year’s rail chaos in northern England has been announced. The scheme allows passengers to claim beyond the normal…

Katie Hopkins Files For An IVA

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Katie Hopkins Files For An IVA Controversial figure, Katie Hopkins, has taken out an IVA to manage her debts, after losing a six-figure libel case. She applied for the IVA…

Martin Lewis Money Show

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Martin Lewis Money Show ‘Money Saving Expert’, Martin Lewis, is hosting his live show in Liverpool in September, and is looking for your questions!On Tuesday September 25th at St George’s…

Benefit Cap Causing Misery For Millions

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Benefit Cap Causing Misery For Millions Key welfare reform disproportionately affects ill or disabled people. A government designed welfare reform, supposedly created to encourage people into work, is apparently leaving…

Wonga ‘Collapse’

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Wonga ‘Collapse’ The well-known payday loan company, Wonga, is apparently on the brink of collapse according to reports. Due to the large amount of compensation claims for misselling, Wonga’s shareholders…

Debt Levels Rise Across UK

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Debt Levels Rise Across UK Citizens Advice, have recently revealed that UK households are in debt on their essential bills, to a total of £18.9 BILLION!These essential bills are things…

Scottish Personal Insolvencies Rise

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Scottish Personal Insolvencies Rise A recent report from Accountants in Bankruptcy (AiB) has shown that personal insolvencies rose during the the first quarter of the financial year (April - June). …

Barclaycard 0% Interest Credit Card

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Barclaycard 0% Interest Credit Card Barclaycard will no longer charge interest on new purchases with 0% transfer deals. Barclaycard have announced that they will no longer its customers interest if…

Saving Poundstretcher

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Saving Poundstretcher As you know, if you are struggling with debts, then it’s a good idea to budget and try to make every pound go that little bit further. Part…

Back to School Debt

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Back to School Debt A third of parents in Northern Ireland have stated that they are getting into debt in order to cover the expense of sending their children back…

Stigma Of Debt: Is It Still A Thing?

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Stigma Of Debt: Is It Still A Thing? You may recently have heard of the case of Jerome Rogers, the 21-year-old who took his own life over the inability to…

Gambling and Debt

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Gambling and Debt Gambling and debt often form a vicious circle; gambling is often a source of debt, but being in debt often causes people to gamble in the hope…

How To Increase Your Credit Score

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How To Increase Your Credit Score Here at Debt Assist UK we are seeing a growing number of people asking questions about their credit score, and how it can be…

Train Delays and Refunds

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Train Delays and Refunds Almost the whole rail network seems a little messed up at the minute, with most trains running through (at least) Manchester being delayed or cancelled. Choose…

npower to Raise Prices

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npower to Raise Prices The energy firm npower has announced that it is to raise its prices by 5.3% (around £64 per year) from June 17 this year (2018). This…

Will Debt Management Affect My Mortgage?

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Will Debt Management Affect My Mortgage? One of our advisers was recently asked, 'If I apply for debt management, will my mortgage be affected?', and going on the theory that…

Strategies To Avoid Credit Card Overspending

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5 Strategies To Avoid Credit Card Overspending For some people, credit cards are a way to purchase the things they need and pay over time until the purchase is payed…

Right to Set Off

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Right to Set Off If you have a bank account, most people tend to use the same bank for their other financial needs, such as credit cards, loans and mortgages.…

Creating a Personal Budget

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Creating a Personal Budget The new year is here, and many people’s resolutions have already been cast aside as failures. Whether you chose to go to the gym more, eat…