Consumer affairs, Borrowing & debt, Banks and building societies, Mortgage arrears, Credit cards, Financial Conduct Authority, Money, UK news Business | The Guardian
Charity calls for banking industry to take totally new approach over type of financial abuse that leaves victims saddled with unpayable debtsJoanna Thomas* was working for a UK government department when she received a bonus. Her earnings, as had been the case since she got married in her early 20s, went into her only bank account: a joint one shared with her now ex-husband.The cash landed in the account in the morning. By the afternoon, her then-husband messaged to let her know he had withdrawn it all to buy a boat on eBay. Continue reading…
Charity calls for banking industry to take totally new approach over type of financial abuse that leaves victims saddled with unpayable debts
Joanna Thomas* was working for a UK government department when she received a bonus. Her earnings, as had been the case since she got married in her early 20s, went into her only bank account: a joint one shared with her now ex-husband.
The cash landed in the account in the morning. By the afternoon, her then-husband messaged to let her know he had withdrawn it all to buy a boat on eBay.
