Press RoomCredit Action's work is supported from a range of sources including valued individuals who give regularly to our work. Credit Action is the national money education charity. |
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For media enquiries, comment and interviews, please contact:
Ella Berny or Liz Dunscombe on 020 7380 3390.
We were founded in 1994 and our aim is to help people to manage their money more effectively. Through our resources, training and projects we reach around 600,000 people a year.
We operate at national level through advocacy, collaboration and partnership with various groups and companies and at local level through targeted projects with a particular emphasis on those most vulnerable to financial difficulties.
Press Releases
Average household debt rose for the second time in three months
London, 9 May 2012 – Credit Action’s May Debt Statistics reveal that average household debt rose for the second time in three months, suggesting growth in unsecured debt levels is becoming entrenched
Credit Action's April Debt Statistics reveal that the fall in household debt has stalled
London, 11 April 2012 – Credit Action's latest Debt Statistics reveal that a long-term decline in average household debt (excluding mortgages), which was observed throughout 2011, stalled in the first two months of 2012.
Nearly two thirds of the 38 changes have a detrimental effect according to Credit Action's Tax and Benefits Report 2012
London, 2 April 2012 – Credit Action has released its Tax & Benefits Report 2012 which highlights 38 changes that will come into effect during the month of April. Of these, only 13 were deemed positive or beneficial, 21 were found to have an overall negative effect and 4 had mixed outcomes.
Credit Action participates in its first ever ‘challenge day’
London, 21 March 2012 – Credit Action along with The Cumberland Building Society and Cumbria County Council, will be participating in a cross-school challenge aimed at enhancing financial capability and promoting the value of saving to young people in Cumbria on 21st March.
Credit Action: FSA report suggests an encouraging increase in those who ‘shop around' for financial products
London, 14 March 2012 – The Retail Conduct Risk Outlook 2012, published by the Financial Services Authority (FSA) suggests that being financial capable is set to become even more crucial for those wanting to stay on top of their finances in the next 12-18 months.
Credit Action Celebrates National Student Money Week
London, 12 March 2012 – Credit Action welcomes the second annual National Student Money Week hosted by the National Association of Money Advisors (NASMA) which kicks off Monday 12th March. The aim of the week is to make sure that students know about the resources are available to them to manage their finances in the best way possible.
Credit Action’s March Debt Statistics reveal increase in household debt for the first time in over a year
London, 5 March 2012 – Credit Action today releases its March Debt Statistics, which show that average household debt (excluding mortgages) has risen for the first time in over a year. A similar trend was observed for consumer borrowing per UK adult.
Student loan early repayment penalty: a dangerous lesson in finance set to be abandoned
London, 16 February 2012 – Credit Action welcomes plans to abandon early repayment charges for student loans. An early repayment penalty would lock students into long term debt and contribute to the normalisation of only making minimum payments on loans.
Credit Action releases February Debt Statistics revealed drop in household debt last Christmas
London, 2 February 2012 – Money education charity, Credit Action has released the February debt statistics, a monthly release based on the latest available data which details the level of debt in the UK.
One in three prospective students are 'not worried about debt'
London, 26 January 2012 – Money education charity Credit Action has warned that student life is normalising the debt culture, after a new survey revealed that 36% of young people see being in debt as a ‘normal’ part of university life.
