4.3m households still paying off Christmas debt

New research from debt management firm Lowell has revealed that on average, it takes families until mid-April (3.8 months) to clear their festive debt. The survey found that 74% of UK families relied on credit cards and Buy-Now-Pay-Later schemes to help cover the cost of Christmas. While some families have the luxury of being able…

Shabby government ploy hides AOFM debt crisis

The publication of the independent review into the Australian Office of Financial Management late on Friday, before the Anzac Day long weekend, is a shabby piece of “taking out the trash” by the Albanese government. It was overkill, given the measured findings of the review conducted by former Reserve Bank of Australia deputy governor Guy…

Gambling debts the cause of thefts from city shop

A man was put up to thefts from a city shop because he had gambling debts, his solicitor told Galway District Court. The man, originally from Algeria, is three years in Ireland but is currently in prison serving a seven-month sentence. Annius Tallette, formerly of Great Western Hostel, Galway, pleaded guilty to two theft charges…