The Latest Breaking News from StepChange Debt Charity

Only half of 18 to 24-year-olds ‘can afford basic living costs each month’

Credit is often bridging the gap between income and essential outgoings for young adults, those behind the research said.

Evening Standard · Oct 11

Major buy now pay later changes start today – what every shopper needs to know

New buy now pay later rules mean affordability checks, clearer information and stronger rights for Klarna, Clearpay and other BNPL customers

The National (Scotland) · Jul 15

Two in five people ‘expect finances to worsen in year ahead’

Nearly 4,000 people visited StepChange’s website on Christmas Day, and January 5 was the charity’s busiest day in more than a year.

The Independent UK · Jan 12

Average monthly tracker mortgage payment jumps by nearly £50 following rate hike

The average tracker mortgage payment will increase by £48.99 per month, according to figures from UK Finance.

The Independent UK · Feb 2, 2023

Interest rates surge to 2.25% as UK 'already in recession'

Mortgage payments will go up along with some loan and credit card debts

Wales Online · Sep 22, 2022

Energy arrears overtake council tax as most common debt issue

Leading UK debt charities call on Ofgem to protect vulnerable families before new energy price cap kicks in for winter

Chronicle Live · Jul 29, 2022

Six weeks of holiday childcare costs nearly £890 on average, report finds

Parents across Britain face paying around £148 per week typically for holiday childcare

The Independent UK · Jul 18, 2022

‘No time to lose’ to help those struggling with surging living costs

StepChange Debt Charity said the surging cost of living is among the most common reasons people with financial struggles give for their debts.

The Independent UK · May 18, 2022

One in five expect to be driven into problem debt this year, says charity

StepChange Debt Charity said more action is ‘clearly needed’ to help households.

The Independent UK · Mar 21, 2022