It’s important that if you are considering consolidating debts, taking on a debt management plan or even an IVA that you speak to an expert about your situation and the solution you’ve chosen, to find out if it’s the right thing for you. There are numerous companies out there that offer free and impartial advice – here are the best ones to reach out to:
If you’re simply looking for advice, then the National Debtline website offers a wealth of tips and plans for those struggling with debt. You can also call and speak to an advisor who has been trained in how to convey what options are available to you.
The My Money Steps tool created by National Debtline is invaluable. It offers clear actions to take to remove debt from your life and their fact sheets are also a must read before you make any changes to your financial situation.
Telephone: 0808 808 4000
This debt management service is always there to help, whether you simply need some advice on your circumstances or want to organise a debt management plan or an IVA. They can help negotiate with your creditors when you set up solutions to your debt problems and offer lots of information and advice on their website. PayPlan has over 20 years’ experience in the industry, so you can rest assured they know what they are talking about.
Telephone: 0800 280 2816
This longstanding service offers advice on a multitude of issues, including debt management and is where most people go if they have any concerns regarding work or legal issues. The debt and money section on their site is full of useful information, broken down into easy to navigate sections including budgeting, mortgage issues and rent arrears.
Telephone: 03444 111 444 (England) 03444 77 20 20 (Wales)
Money Saving Expert
Martin Lewis is well known in the world of money, for his straight talking and myth busting when it comes to personal finances. Therefore, it makes sense that the Money Saving Expert website features plenty of in depth articles and information regarding debt that should prove helpful for those attempting to get a handle on their financial situation.
It’s important before you make any big decisions regarding your debts that you speak to an expert, take some time to ensure you have everything in order and that you are working with the right people for your situation.