Walsall Money Advice Project - News
Man will be 158 before debt paid |
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| A Northumberland pensioner will be 158 years old before he repays £25,000 he was accidentally overpaid by a council.
The 75-year-old former local authority worker has been asked to pay back the vastly inflated pension he was awarded at £25 a month. At that rate it would take him 83 years to pay back the cash to Northumberland County Council, which uncovered the mistake in 2003 during an audit. more |
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Their profit, our loss |
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The high street banks are making a killing out of consumer apathy, says Rachel Shabi. Yet we remain reluctant to challenge the system that we know is fleecing us more The Walsall Money Advice Project provides case study for the Guardian |
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Just published on the Joseph Rowntree Foundation website is 'The long-term relationship between poverty and debt'. This study analyses the benefits for people on low incomes of using credit to smooth out fluctuations in their incomes. Read it at |
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