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

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 year.…

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. This price…

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…