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<p>The majority of the first-time calls we receive from people looking for debt advice and solutions come in January and February … suggesting many see a new year as a new start.</p>
If you have started the New Year struggling with unmanageable debt … you aren’t alone!
In fact January is the busiest single month of the year for people seeking debt help, closely followed by February and March. Altogether 29%* of people coming to Debt Advisory Centre and DAC Scotland for support do so during the first two months of the year.
While giving up smoking or losing weight is something you can only do by yourself, tackling your debts isn’t something you have to do alone. Just give us a call and talk through your situation with one of our expert debt advisors, and they will fill you in on some of the debt solutions that may help with your situation.
A new year and a new start
Every January 1st, millions of us across the country resolve to do something to better our lives; whether that’s starting to go running or eating more healthily. Among the most popular New Year’s Resolutions are ones that also better our bank balances, like taking more care of our budgeting or borrowing less.
Last year, we asked people whether they would be making any financial resolutions for 2014, and two-thirds said â€˜yes’**. And one of the most popular answers was to pay off debts, which a quarter of respondents vowed to do.
It would seem that when it comes to financial resolutions, many people actually stick to their promises - as most of the phone calls we get from individuals asking about debt advice and solutions for the first time are made during January and February. After all, a new year is a new start, and so a great time to take action and start pulling your finances back into the black.
No time like the present
Having said that, getting help with your debts is something you can … and should … think about doing no matter what time of year it is. There’s never one time that’s better than another for seeking debt advice … and, in fact, the sooner you do it, the better. If you have debts that worry you but you haven’t done anything about them yet, you only risk letting the interest and, potentially, charges for late or missed payments pile up if you don’t act … along with increasing the chances of your lenders taking action.
Why not contact us today? One of our friendly advisors will chat to you about your situation and tell you about some of the debt solutions that can help. Whatever you decide to do about your debts, you don’t have to do it alone, so give us a call today.
*Figures taken from Debt Advisory Centre’s total debt call figures for the year 2013.
**OnePoll questioned a nationally representative sample of 2,000 adults aged 18 and over between 28th November and 2nd December 2013.
by Sarah SymonsBack to blog home