If you are experiencing financial difficulties whether because of using high-cost short term credit or through something else and you’re considering using payday or short term loans then you should explore the wide variety of debt support organisations that are free to use and can help you get out of debt.
Millions of UK adults are trying to juggle ever-increasing amounts of unsecured debt and often many people borrow more to pay off other debts. Borrowing your way out of debt is never going to be the answer, particularly by using high-cost credit.
We are lucky in the UK to have so many excellent debt support charities that are changing lives every day, we wanted to explore a few of them here so you have all the information you need before making the first important step and getting in touch with them.
We will only recommend non-profit debt counselling companies – these are organisations that want to help and not make money from you.
Stepchange Debt Charity
Stepchange is one of the UK’s largest debt support charities and help more than 650,000 people a year deal with their finances.
Established over 25 years, Stepchange gain a new customer every 48 seconds and can provide you with the advice and support you need to achieve long term financial control.
Stepchange will follow a simple 3 step process with you either online or over the phone;
- They’ll help you work out your budget, income and debts
- They’ll use that information to find a solution to your debt that suits your situation
- They’ll setup your debt solution and offer support for however long it’s needed
Debt solutions are ways for you to manage your debt and can range from debt management plans to bankruptcy – different solutions are suited to different circumstances.
Stepchange provides their services completely free of charge.
Contact Stepchange: Click Here or call 0800 138 1111.
Christians Against Poverty
Established in 1996, CAP are an award winning national debt counselling charity offering free help and advice through a network of debt centres based in local churches.
CAP offers hope and a solution to people in debt through its top-quality, in-depth service regardless of age, gender, disability, ethnicity, sexual orientation or religion.
Their service includes home visits, budgeting advice, creditor liaison, payment distribution and on-going support until you are debt free.
You can visit Christians Against Poverty by clicking here or you can call 0800 328 0006
Citizens Advice Bureau
The Citizens Advice Bureau can help you with full consumer and debt advice. The bureaux have specialist workers to deal with many different types of debt.
The Citizens Advice Bureau can negotiate with your creditors and stop harassing phone calls and letters and put together a sensible plan to get you back on your feet.
The Citizens Advice Bureau has a wealth of advice and useful topics on their website which you can visit here.