Young Senator's Student Debt Cut Sparks Backlash
Australia's youngest senator, on a salary of nearly £125,000, faces criticism for celebrating a 20% student debt cut. Critics call the policy unfair, benefiting high earners most.
Category : Search result: Personal Debt
Barefoot Investor Brands Mum 'Smother-in-Law' Over Son's Finances
A mother's plea to the Barefoot Investor over her son's cohabitation finances ignited a fierce debate on fairness, debt, and legal agreements. Discover the expert's surprising verdict.
Gen Z Debt: 27% Default, Risking Mortgages
Over a quarter of UK Gen Z have defaulted on debt. Learn what a default means, its serious consequences for your credit file, and how to avoid one to protect your financial future.
Women hit harder by public debt in Scotland
New research reveals women in Scotland are disproportionately driven into poverty by public debt collection. A wake-up call for policymakers to reform harsh recovery methods.
Boost Your Finances with a £3,000 Tax Refund
Discover three expert-approved strategies for using your tax refund to build an emergency fund, pay down debt, and boost your retirement savings for a stronger financial future.
Barefoot Investor's legal crisis over wedding loan essay
Australian financial guru Scott Pape faces legal turmoil after his controversial essay about a couple who funded their extravagant wedding through personal loans. Discover how financial advice turned into courtroom drama.
Bank of England Warns of Growing Consumer Debt Crisis
Exclusive analysis reveals millions of Britons are struggling with bills and loan repayments as the Bank of England sounds alarm over growing consumer debt crisis.
Illinois wipes out $1bn medical debt for 300,000 residents
Governor JB Pritzker announces revolutionary $10 million medical debt relief programme, set to eliminate bills for nearly 300,000 Illinois residents in one of America's most ambitious healthcare reforms.
195,000 households get energy debts wiped clean
Major energy debt relief announced as regulator clears £25 million in outstanding bills for vulnerable households across Great Britain. Find out if you're eligible for this financial lifeline.
Surrey Labour splits over £1.2bn council debt crisis
Exclusive: Labour faces internal division in Surrey as two councils consider breaking away amid government pressure to address catastrophic local authority debt. The political earthquake threatens Starmer's authority in traditional Tory heartlands.
UK Credit Card Shock: 0% Offers Slashed
Exclusive: British cardholders are being hit with a double whammy as banks dramatically reduce interest-free balance transfer periods while hiking minimum payments. Discover how to protect your finances.
Rachel Reeves Eyes Major ISA Reforms for UK Savers
Labour's shadow chancellor Rachel Reeves hints at significant ISA reforms to revitalise UK savings and investment culture ahead of potential election victory.
Trump's $7.8 Trillion Debt Bomb Exposes GOP Hypocrisy
Exclusive analysis reveals stunning Republican U-turn on fiscal responsibility as Trump-era policies and pandemic spending drive US debt to unprecedented levels, creating a political minefield for the GOP.
US per capita debt surpasses Greece and Italy
Stunning analysis reveals the average American carries more government debt than citizens of European nations notorious for fiscal crises. Discover what this means for global markets.
ATO enlists debt collectors for tax recovery
The Australian Taxation Office has escalated its debt recovery efforts by hiring private debt collectors to pursue billions in outstanding taxes. Learn how this affects taxpayers and what you need to know.
US National Debt Crisis Accelerates at Record Pace
The United States national debt has surged past a terrifying milestone, growing at its fastest pace in history. Experts warn this unprecedented acceleration threatens global economic stability.
Barcelona's £138m Debt Crisis Exposed in Documents
Shocking financial documents expose Barcelona's £138 million debt turmoil as club faces mounting pressure despite recent cost-cutting measures and player sales.
HMRC Can Now Raid Bank Accounts for Unpaid Tax
HMRC gains controversial new authority to directly recover unpaid tax debts from millions of bank accounts without court orders, raising serious concerns about financial safeguards and taxpayer rights.
Global South Debt Crisis: Western Inaction Strangling Nations
Exclusive analysis reveals how mounting debt payments are crippling Global South economies while wealthy nations delay meaningful action. Discover the human cost and potential solutions.
Barefoot Investor's car loan hypocrisy exposed
Financial guru Scott Pape admits to taking out a massive car loan despite advising millions against debt, sparking controversy and debate about financial advice.
Bailiffs visit one UK home every 59 seconds
Shocking new data reveals bailiffs are visiting UK households at unprecedented rates as families struggle with mounting debt and rising living costs.
HMRC gains power to seize money from bank accounts
HM Revenue & Customs gains controversial authority to recover tax debts directly from personal bank accounts without court orders, raising privacy and fairness concerns across Britain.
HMRC can directly deduct from bank accounts for tax debts
UK tax authorities now have unprecedented powers to directly deduct money from bank accounts for unpaid taxes, raising serious concerns about financial privacy and error risks.
Personal insolvencies surge 21% across England and Wales
New government figures reveal a worrying 21% increase in personal insolvencies across England and Wales, with thousands more facing financial collapse amid the ongoing cost-of-living crisis.
Martin Lewis: Urgent ISA Warning Before Labour Tax Changes
Money Saving Expert founder reveals crucial ISA deadline and explains how Rachel Reeves' potential tax changes could affect your savings. Essential reading for UK investors.
Global Debt to Hit 100% of GDP by 2029 - IMF
The International Monetary Fund issues stark warning as global government debt is projected to reach 100% of GDP within five years, with the UK facing particularly challenging economic headwinds.
Gen Z's loan-funded holiday crisis revealed
Young Brits are taking out personal loans to fund luxury holidays they can't afford, with one in five 18-24 year olds now borrowing for travel. Discover the risks and realities behind this worrying trend.
Christmas Sinking Fund: Your Guide to Debt-Free Festive Season
Discover how to avoid festive financial stress with our complete guide to Christmas sinking funds. Learn budgeting strategies from financial experts to make your December merry and debt-free.
US Car Payment Crisis: Millions Pay $1000+ Monthly
New data reveals nearly 20% of American motorists face financial strain with car payments exceeding $1,000 monthly, creating a growing economic concern for households across the US.
250,000 Brits borrowing to pay basic bills
Shocking new research reveals 250,000 UK residents are turning to credit cards and loans just to cover essential expenses, with energy bills becoming increasingly unaffordable.
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