Financial Abuse Code News Today

Dialogue around ‘coercive control’ in relation to financial abuse is gaining steam in the US, with California passing laws to protect victims from collectors

Starling Bank launches 'hide references' feature to prevent abusive messages

Lloyds Banking Group is launching a new tool that will help to identify economic abuse, verify evidence of coerced debt and prevent such incidences from escalating further. The Economic Abuse Evidence Form has been developed together with Surviving Economic Abuse, a charity trying to tackle the problem. It comes as three in five domestic abuse victims have been forced into debt by their partners, according to data from SEA. The average debt per domestic abuse victim is £4,600 with a typical pe...