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  • Debt Help & Advice
    • Debt solutions
      • Debt Management Plan (DMP)
      • Individual Voluntary Arrangement (IVA)
      • Debt Relief Order (DRO)
      • Debt Consolidation Loans
      • Bankruptcy
      • Remortgage
      • Administration Order
    • Debt Help Services – Help With Debt
      • Breathing Space
      • Settlement
      • Bailiff Advice & Help
    • Debt Help Scotland – Scottish debt solutions
      • Protected Trust Deed (PTD)
      • Sequestration
      • Minimal Asset Process (MAP)
      • Debt Arrangement Scheme
    • Types of Debt
      • Credit Card Debt
      • Council Tax Debt
      • Government & HMRC Debts
      • Business Debt
      • Energy Bill Debt
      • Gambling Debt
  • IVAs
    • What is an IVA?
    • IVA Eligibility
    • IVA Pros and Cons
    • IVA Reviews
    • IVA Calculator
    • IVA Costs & Fees – How much do IVAs cost?
  • Debt Management Plans
    • What Is A Debt Management Plan (DMP)?
    • Debt Management Plan Pros & Cons
    • Debt Management Plan (DMP) Calculator
    • Debt Management Plan Process
    • Debt Management Plan Eligibility
    • Debt Management Plan (DMP) Fees
  • Articles
  • About Us
    • FAQs
    • Core Values
  • Contact

August 2022

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  2. 2022
  3. August

Cost of Living Sparks Surge in Debt Help

Industry News, Press ReleasesBy Juliet FrancisAugust 12, 2022

Latest internal statistics at MoneyPlus show a sharp rise in cost of living related enquires and predict further rises later in 2022.

MoneyHelper

To find out more about managing your debt and receiving free debt advice visit https://www.moneyhelper.org.uk/en/money-troubles/dealing-with-debt/use-our-debt-advice-locator.

Further Information

The insolvency service has produced a guide for people who are struggling with debt.

For residents of Scotland, the Scottish government have created the Debtors Advice Guide. For residents of Northern Ireland, you can read the government's Advice on managing debt.

© 2025 MoneyPlus Group. MoneyPlus Advice is a trading style of MoneyPlus Group Limited (07310059), which is authorised and regulated by the Financial Conduct Authority. Your payments into a Debt Management Plan are protected and compensation could be available from the Financial Services Compensation Scheme if there are any shortfalls in funds held on a customer's behalf. MoneyPlus Advice refers customers to MoneyPlus Insolvency Limited for Individual Voluntary Arrangements. MoneyPlus Insolvency Limited is registered in England and Wales (08214793). Registered office: Riverside, New Bailey Street, Manchester, M3 5FS. Anel Andrew is authorised as a Licenced Insolvency Practitioner in the United Kingdom by the Insolvency Practitioners Association, Licence number 17170 and is bound the Insolvency Code of Ethics.

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2025-04-23 13:06:19