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BBC Essex Drivetime with Dave Monk 25/9/17

Monday, 25th September 2017

Mike was talking to Dave Monk about the call by the Labour party to cap credit card interest so that it never goes above the amount borrowed. Mike then offers information on what to do when you have a debt issue, who to contact for help, how to take control of your situation and avoid unnecessary fees. Dave then asks Mike if credit card companies could make others pay for those that are in debt by increasing the increasing rate. Mike then explains the meaning of persistent debt and reveals the expected cost the regulator review will have on the credit card companies.

You can see the full five point guide here In debt? Don't know where to start?

How to listen

Sorry, no longer available on the BBC iPlayer

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