Bogus Universal Credit claims rake in millions

Bogus Universal Credit claims rake in millions

Fraudsters have ripped off the government’s flagship Universal Credit benefit scheme for an estimated £20 million by making bogus applications. But, worse still, their fake claims were matched up to real benefits claimants who have found themselves thousands of pounds in debt through no fault of their own. Loophole The scammers have been taking advantage …

Vulnerable borrowers pushed into high cost debt

Vulnerable borrowers pushed into high cost debt

Thousands of vulnerable borrowers are being pushed into high cost debt through the use of ‘credit builder’ credit cards claims the debt charity StepChange. The cards are designed to help people with poor credit scores, but many of them are being used to pay everyday living costs. Sub-prime cards Officially known as sub-prime cards, they …

Universal Credit creating debt and homelessness say MPs

Universal Credit creating debt and homelessness say MPs

MPs have slammed the proposed roll-out of Universal Credit, saying thousands of claimants could be pushed into debt or made homeless if problems aren’t fixed. The controversial scheme has been designed to replace six existing benefits – Job Seeker’s Allowance, housing benefit, children’s tax credit, working tax credit, income support and employment and support allowance …