Where can I get debt advice?
Many people in debt may not know what debt advice is available to them, or where to go to get it.
Anyone struggling with their debts should talk to a professional debt adviser - either in person or over the phone - who will be able to talk them through their situation and advise them on the best way of addressing their debt problem.
Some people may just need a little advice on budgeting, but in some cases, a debt adviser may feel the individual needs a specific debt solution.
Why should I seek debt advice?
There are many reasons why you should consider seeking debt advice if you are struggling with your finances. For example, you may be able to:
• Regain control of your finances. In some cases, a bit of debt advice will be all you need, and can help you regain control of your finances and address your debts. A professional debt adviser should be able to assess your situation and offer you the advice you need.
• Find the right debt solution. You may find that debt advice alone isn't enough. A professional debt adviser should be able to assess your financial circumstances, and let you know if a debt solution could simplify your finances and make your debts more manageable.
• Have someone else negotiate with your lenders. You may be able to arrange a new repayment plan with your lenders on your own, but this can often be a time-consuming and stressful experience - and you will have to do all the negotiations and administrative work yourself. A professional debt management organisation should have the necessary experience and knowledge to negotiate with your lenders on your behalf.
Finally, note that some organisations that provide debt advice will provide useful resources on their websites, such as budget planners, letter templates, FAQs (Frequently Asked Questions) and debt guides.
Anyone struggling with their debts should talk to a professional debt adviser - either in person or over the phone - who will be able to talk them through their situation and advise them on the best way of addressing their debt problem.
Some people may just need a little advice on budgeting, but in some cases, a debt adviser may feel the individual needs a specific debt solution.
Why should I seek debt advice?
There are many reasons why you should consider seeking debt advice if you are struggling with your finances. For example, you may be able to:
• Regain control of your finances. In some cases, a bit of debt advice will be all you need, and can help you regain control of your finances and address your debts. A professional debt adviser should be able to assess your situation and offer you the advice you need.
• Find the right debt solution. You may find that debt advice alone isn't enough. A professional debt adviser should be able to assess your financial circumstances, and let you know if a debt solution could simplify your finances and make your debts more manageable.
• Have someone else negotiate with your lenders. You may be able to arrange a new repayment plan with your lenders on your own, but this can often be a time-consuming and stressful experience - and you will have to do all the negotiations and administrative work yourself. A professional debt management organisation should have the necessary experience and knowledge to negotiate with your lenders on your behalf.
Finally, note that some organisations that provide debt advice will provide useful resources on their websites, such as budget planners, letter templates, FAQs (Frequently Asked Questions) and debt guides.
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