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New help for millions in debt crisis – you can now get two months’ ‘breathing space’ from interest and enforcement action – MoneySavingExpert

New rules giving those in England and Wales who are struggling with problem debt a two-month grace period to get their finances back under control come into force…

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‘A win for individuals, creditors and the economy’
Martin Lewis, founder of MoneySavingExpert.com and the Money and Mental Health Policy Institute, said: Debt is far more than just a financial issue. Its a major cause of relationship breakdown, can hugely diminish peoples well-being, and sadly leaves 100,000s at risk of taking their own lives. Thats why its a delight to see this scheme introduced, after long campaigning, as it will truly save lives.
Its a win-win-win. A win for individuals as the…

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