New rules to protect those in debt mean your credit card may be suspended if you only make minimum repayments – MoneySavingExpert

Credit card customers struggling with persistent debt are to be offered extra help by lenders, under new rules introduced by the Financial Conduct Authority. The financial regulator today unveiled rules which firms must comply with from 1 September and which should kick in after a customer has been in ‘persistent debt’ for…

Police choking on Shs125 billion debt, calls for govt help – Daily Monitor (press release) (blog)

The Uganda Police Force has asked government through the Minister of Internal Affairs, General Jeje Odong, to rescue it from a heavy debt of Shillings 125.9 billion which is increasing every day. The police debt accruing from electricity, water, food supply and fuel has been increasing steadily since 2010. In 2013 the police debt burden…