If You’re Having Money Problems, Then Our Debt and Money Advice Charity Can Help

Money problems can affect personal relationships, employment, the ability to eat and sleep and leave people in a general panic. It’s a horrible feeling. A day comes when enough is enough and support is required.

It can be a bailiff visit, a telephone call or the stack of unopened mail at the front door toppling over which was the final straw.

Debt Support Trust is a registered UK charity. Our advice lines are open providing confidential debt and money advice between 8am and 7pm Monday to Friday. Everybody we help is struggling with money problems.

You’re not alone in dealing with debt, but within 15 – 30 minutes we can help you with a solution to your money problem. If you would prefer to submit your details online we can call you back. Our debt analyser will also give you an idea of a debt solution which may be applicable for you.

Money Problems: The Solutions

Many people are not aware of the possibilities which exist to become debt free. There are debt solutions which deal with every level of money problems, from token payments to creditors through to insolvency solutions. The benefit is these debt solutions will help you become debt free again.

Token Payments: If you have a short term money problem, perhaps through job loss or reduced income, then token payments towards your creditors can help. A token payment is a manageable monthly payment towards your debt, but it will be lower than your contractual monthly payments.

Debt Management: This is a management solution which enables you to pay one payment to one company until all of the debt is repaid. Interest and charges are not guaranteed to be frozen but some creditors may decide it’s best to freeze interest and charges to help you resolve your money problems.

IVA: The IVA is a formal debt solution where one monthly payment is made, usually for 5 years. At the end of the 5 years any debt which is not repaid is written off. The Scottish equivalent is the Trust Deed and lasts for 3 years.

Bankruptcy: In some instances bankruptcy is the best option to deal with money problems. There are different routes to enter bankruptcy and it’s best to seek advice over which route is best for you.

Help With Money Problems

If money problems are worrying you, then do something about them today. Call 0800 085 0226.

You will be greeted by a trained advisor who will listen to your debt problem and guide you through the options. It’s our responsibility to ensure you have the necessary information to make an informed decision about your debt solution.

This is why we explain the pros and cons of every debt solution. You can get specific advice for your money problem today by telephoning 0800 085 0226 or by completing the debt analyser and requesting a call back.