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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…



‘A win for individuals, creditors and the economy’
Martin Lewis, founder of 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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