Assistance With Debt Problems
Getting assistance during low tide of your finances should not be that difficult. There are countless ways to resolve IF, you are willing to change your financial status. There should be no circumstances that you feel there is NO choice but to turn to loan sharks, banks, and lenders which eventually leads to people become stuck in deeper debt-hole. Other, more positive options are available such as the following:
Credit Unions – a better alternative than payday loans – These are not-for-profit community-based organizations, the purpose of which is to offer basic financial services (bank & savings accounts, small loans etc.) to the members of a specific region who have pre-existing financial problems which often mean they cannot operate a high street bank account. As a charitable body Credit Unions also offer advice and guidance to their members on how to escape the cycle of debt, manage their money and establish healthy spending and saving habits.
Citizen’s Advice Helpdesks – you can ask around if this is available in your local area. These groups offer free and impartial advice on various issues from benefits, legal representation and housing through to debt and money management. They usually operate a drop-in service in most major towns and cities and they may also have a strong online presence which is full of well researched and factually excellent information.
Financial Advice Services – it is a specialist charity backed by the Government that offers sound financial advice, support and guidance specifically on personal finance and other money related issues. As they offer free financial impartial advice, covering everything from debt, borrowing, benefits and pensions. You may check websites to get an online assistance and they may even offer online chats to get a primer of what assistance you may specifically need.
Financial Advice services may also suggest websites for you to check wherein you can use online tools to find out where you stand with money, what areas to focus on and practical ways to improve your situation. They may also have a wide range of pages offering advice on how to minimize your expenditure on household bills (such as gas and electricity), mobile phone and broadband, insurance, accommodation, car and transport costs and also provide a comprehensive guide to benefits that you may be eligible for. These websites usually have lots of useful information including specific pages for students and tools, some of which are linked to below. These include a cut back calculator, money saving tips regular email, Budgeting tips for those on a low income, budget planner, a money health check.