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: consumer debt
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.
Debt Collection Charges Dismissed Against Panthera
Criminal charges against debt firm Panthera Finance dismissed after court rules it wasn't technically collecting. Consumer Affairs Victoria ordered to pay costs. Read the full analysis.
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.
Debt Collector Pursued 200k Claims While Banned
Panthera Finance allegedly collected $60m from Victorians while banned. Legal action could see consumers entitled to refunds. Discover the full investigation.
New Energy Rules: Debt Relief & Complaint Powers
Consumer rights expert Martyn James explains major energy rule changes including £500m debt relief, faster ombudsman access, and improved complaint handling. Learn how these reforms impact your bills.
Gen Z's BNPL Spending Revolution
Discover how 'Buy Now, Pay Later' services are revolutionising shopping habits among young Brits, offering flexibility while raising financial concerns.
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.
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.
BNPL Holiday Trap: Travellers Risk Financial Crisis
Millions of British holidaymakers are risking financial turmoil by using Buy Now, Pay Later services for travel bookings, with experts warning of hidden dangers and debt spirals.
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.
Sofa replacement scandal: Your consumer rights explained
When a furniture retailer replaced a defective £1,399 sofa with a model £200 cheaper, a consumer rights battle began. Discover your legal standing when companies substitute inferior products.
Ireland Pioneers Landmark 'Right to Repair' Consumer Legislation
Ireland pioneers sweeping new consumer rights legislation that could revolutionise product lifespan and challenge planned obsolescence across Europe.
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.
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.
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.
UK Retail Sales Surge Despite Budget Tax Fears
New data from Barclays reveals UK consumer spending accelerated in September 2025, with retail sales growing 1.5% despite concerns about potential tax rises in the upcoming budget.
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.
Dalio: US Debt Crisis Could Spark Internal Conflict
Bridgewater founder sounds alarm over America's unsustainable debt levels, drawing parallels to historical periods of great internal conflict
Martin Lewis' urgent Buy Now Pay Later debt warning
Money Saving Expert founder Martin Lewis sounds alarm on BNPL services after witnessing friend's financial struggle, calling for urgent government regulation to protect vulnerable consumers.
ATO chases decades-old tax debts from Australians
The Australian Taxation Office is aggressively pursuing taxpayers for debts dating back 20+ years, using new powers to recover money many believed was written off. Thousands face unexpected financial shocks.
HMRC's 'Breathing Space' for 1.4M in Tax Debt
Exclusive: HMRC launches a major new initiative to help over a million individuals and businesses struggling with tax bills, offering flexible payment plans and pausing debt collection.
UK Car Debt Crisis Echoes 2008 Financial Shock
Exclusive analysis reveals British drivers are buckling under a record £70 billion car finance burden, with soaring defaults threatening a 'Great Recession' style economic tremor. Discover the ticking time bomb in the UK's auto loan market.
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