In today’s bulletin:
General update
Council tax collection feature
IWG update from 23/9/2024 at the FCA
FCA Consumer Duty - Price and Fair Value Outcome
Training
Collaborations
Events
General update
StepChange statistics for August 2024
Online engagement for debt advice remains a very high proportion of new cases. The cost-of-living crisis is just about the highest reason given for seeking debt advice.
I have picked out council tax in terms of arrears types as it plays to one of my feature articles below. There is a consistently high level of council tax arrears.
Link: https://www.stepchange.org/policy-and-research/personal-debt-statistics-in-the-uk/monthly-client-report-august-2024.aspx
APR and the cost of credit – Blog by Fair4All Finance
As part of the new Fair4All series on Funding Affordable Credit, their Head of Strategy Jake Attfield looks at why APR is not always a helpful measure of the value of small sum, short term loans for both borrowers and lenders.
In September 202...
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