Can debt consolidation stop wage garnishment?

Can debt consolidation actually stop wage garnishment, or is it too late to take that route? Mohd Izzuan/Getty Images Americans are carrying more debt right now than at any point in recent history and the cracks are starting to show. Credit card debt is sitting at a record high, delinquency rates have been climbing steadily…

Credit Strategy – Knowledge Hub

Credit Awareness Week returns in 2026, continuing its mission to champion financial inclusion, improve consumer understanding of credit, and bring together the organisations shaping the future of financial services.   In partnership with Experian, the initiative has become a key moment in the industry calendar, uniting lenders, policymakers, regulators and technology innovators to address the…

FCA: regulated firms need to help consumers in debt

Firms need to support consumers in financial difficulty “without unnecessary barriers”, the Financial Conduct Authority has set out in its regulatory priorities for consumer finance. Published today (March 17), the priorities replace more than 40 portfolio letters published each year, to provide firms with a “succinct one-stop shop”. The FCA set out there was growth…