News and tips on tackling debt, living on a debt plan and other debt matters
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How does sequestration work?
Posted 22 May 2017 by Christine Walsh
Sequestration is one way to solve your debt problems, if you live in Scotland. But you need to make sure it’s the right solution for you first and that you’ve considered the alternatives.
Struggling with your overdraft? There’s always a way to beat overdraft debt
Posted 11 May 2017 by Christine Walsh
You might be able to deal with your overdraft by opening a basic bank account or switching to an interest free account.
Is your car finance driving you into a debt problem?
Posted 11 May 2017 by Christine Walsh
More and more of us have car finance. If you are struggling to meet your repayments it’s important to know what type of finance you’ve got and how to tackle it
Debt Arrangement Schemes and how they work
Posted 25 April 2017 by Christine Walsh
DAS lowers your unsecured repayments, freezes interest and charges and protects you from legal action, but there are drawbacks.
Can the FCA get the interest and charges on your credit card written off or frozen?
Posted 18 April 2017 by Christine Walsh
The FCA thinks too many people are in persistent credit card debt and they’ve proposed new ways for credit card companies to help their customers.
Lenders contacting you for payment? Here’s what you need to do to make it stop
Posted 17 April 2017 by Christine Walsh
If your lenders are asking you for payments, you need to stay in touch with them and you might need to get debt help to solve the problem.
To find out more about managing your money and getting free debt advice, visit Money Advice Service, an independent service set up to help people manage their money.