At the end of April 2024 we held our event Generation Debt: looking at the impact of debt across all ages and wages, down in London. The event drew on the findings from our collaborative report with Etic Lab, Problem Debt in the Cost of Living Crisis and Beyond. You can read more about the…
When you’re dealing with significant debt, things can quickly become overwhelming. Day-to-day tasks can become more stressful and life can be made especially daunting if you’re also being faced with the prospect of bailiffs knocking on your door. Employed by creditors to recover unpaid debts, the thought of these collection agents turning up at your…
Debt collection is the process used by creditors to get money back that hasn’t been paid by individuals or businesses who owe it. It’s important for both the people trying to collect the debt and those who owe the money to understand each step of this process. This helps creditors recover their money and makes…
Can an IVA Take My Inheritance? Coming into an inheritance can be a significant financial event in your life. We take a look at the intricacies of IVAs when it comes to dealing with windfalls such as inheritance, and what you might need to consider if you’re thinking of entering into one of these agreements.…
Debt can affect anyone, regardless of income, profession, or lifestyle, which is why it’s important to talk about money troubles and the impact they can have on day-to-day life. To help open up the conversation about debt, we look to some of our favourite popular TV shows and film characters who have struggled with financial…
In a time when the cost of living seems to be increasing continuously, overspending can become all too easy. From monthly Direct Debits on a host of subscription services to overreaching when it comes to family birthdays or special occasions like Christmas, overspending can put strain on relationships, negatively impact personal well-being, and even affect…
Can You Inherit Debt from Your Parents? Dealing with the death of a parent is tough, especially when complicated finances are involved. Here, MoneyPlus explores whether parental debt can be inherited. When a parent passes away, it can be a really difficult time, both emotionally and financially. Alongside the natural feelings of grief and sadness…
Who Is Responsible for Debt After a Separation In this guide we look to explain the legal implications of debt division after a breakup and outline how financial unions can be dissolved in a fair and civil manner. It’s never easy when a relationship comes to an end. Alongside the emotional distress and sense of…
Guide to using Experian During difficult financial times, keeping on top of your credit score can give you a valuable insight on how you’re really managing. There are three major credit scoring agencies in the UK: Experian, Equifax and TransUnion. As one of the most popular credit reporting services, Experian is one option for people…
Mobile and broadband Companies are currently introducing mid-contract price hikes of up to 8.8%. Currently they’re allowed to do this, but it looks like regulators will be putting a stop to this soon. Big names like BT, EE, Plusnet, Shell Energy, TalkTalk, Virgin Media and Vodafone adjust their prices every April in line with the…
Falling into debt can be very overwhelming, especially if you’re faced with a few different types of debt. For this reason, when it comes to getting yourself out of the financial predicament you find yourself in, understanding the distinction between priority and non-priority debts is crucial. In this guide, we explain what priority and non-priority…
What Happens to Debt When You Die? Discover what happens to debt after death. From credit cards to joint liabilities, MoneyPlus explores how debts are handled posthumously. It’s common knowledge that debt can act as a huge weight on an individual’s shoulders during their lifetime. However, have you ever stopped to think about the stress…