Some people avoid talking about their debts and miss out on the necessary help because they’ve heard something that has put them off or they’ve looked it up online and found incorrect information. But the truth is dealing with your debt doesn’t have to be daunting. Seeking the right support can address your money worries…
Dealing with debt can be a heavy burden. Whether you’re struggling with a large amount of debt that is becoming impossible to manage or a relatively small amount that’s increasingly difficult to deal with due to a change in personal circumstances, it can be hard to see light at the end of the tunnel. Fortunately,…
Significant debt can be more than just a financial worry. It can impact your entire life, from your working life to the relationships you have with your nearest and dearest. Luckily, there are debt management solutions available that can help you regain control of your personal finances. One type of solution that can provide this…
Juggling your financial responsibilities can often be an overwhelming task. From credit card bills and mortgage payments to student loan repayments and utility bills, different types of debt can start to build all too easily. This can cause stress and anxiety for even the most mentally resolute among us, never mind those living with mental…
Dealing with long-term debt can be stressful; the thought of constant chasing from creditors can lead to feelings of anxiety, worry and even depression. However, the good news is, in the UK there’s typically a limitation period on many types of debt, including card debt and personal loan repayments. Of course, this does not mean…
If you find yourself struggling with debt, the prospect of a financial lifeline in the form of an Individual Voluntary Arrangement (IVA) may feel like light at the end of a very dark tunnel. However, an IVA is not a magic bullet. While they are designed to help those in crippling debt tackle their repayments…
It can be difficult when someone close to you is struggling with debt, whether this is a result of losing a job, overusing credit cards, gambling, or something else. But can you ever become responsible for someone else’s debt? In this article, we break down when you might be accountable for another person’s outstanding payments.…
IVAs and Debt Management Plans are common debt solutions. Here, we explain how they differ and whether you can switch from an IVA to a DMP.
Sometimes trying to manage your debts can feel like a vicious cycle of borrowing to pay. When you’re struggling to repay debts it may seem like taking out further credit is the only option, but we’re here to tell you there are options out there to get ahead of your debts without taking on any more.
Latest internal statistics at MoneyPlus show a sharp rise in cost of living related enquires and predict further rises later in 2022.