A pensioner was plunged into a financial nightmare, racking up £3,000 in debt and destroying his credit score, after the Department for Work and Pensions slashed his Universal Credit to a mere £1.88 per month.
Similarly bleak payments followed in February and March, with the couple only receiving a paltry sum of £1.88. Commenting on their perplexing circumstance, Daniel shared: "I couldn't get my head around what was going on, it didn't make sense and a payment of £1.88 just feels insulting." The couple were left reeling under the colossal financial impact of the DWP cuts, making them unable to meet their rent obligations thereby accumulating arrears which totalled over £3,000. In light of the ongoing cost of living crisis, coupled with these issues, Esperanza confessed that the entire scenario had been "absolutely detrimental" to their day-to-day existence, and they were reduced to relying on food banks to sustain themselves.
With assistance from the Money Wellness charity, Daniel took out the Debt Relief Order which offers him some respite in terms of debt management while he continues to receive support from the charity.
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