News and tips on tackling debt, living on a debt plan and other debt matters
People in debt to be given ‘breathing space’ to get help
Posted 10 November 2017 by Christine Walsh
Plans for up to six weeks ‘breathing space’ for people in debt, announced by The Treasury.
Can you settle your debts and pay less?
Posted 14 June 2017 by Christine Walsh
It’s sometimes possible to clear your debts with a lump sum of money, even if you don’t have enough to repay everything you owe. If your lenders agree to accept the lower amount, this is known as a ‘partial’ or ‘full and final’ settlement.
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.