Debt Counselling. Are you having difficulty managing your money You may be considering loan consolidation taking out one loan to cover all your existing repayments. Be careful you dont end up even deeper in debt! The interest rates and fees charged by consolidation loan providers can be much higher than those available from high street lenders. Such loans may also come with onerous payment protection insurance.
If youre starting to struggle your first port of call should be one of a number of free advice services to help you manage your debts
Consumer Credit Counselling Service www.cccs.co.uk 0800 138 1111 8am-8pm Monday-Friday
National Debtline www.nationaldebtline.co.uk 0808 8084000 9am-9pm Monday-Friday 9.30am-1pm Sat
Citizens Advice Bureau www.adviceguide.org.uk for advice or to find local bureau
Moneyextra.com recommends you take independent financial advice before acting on any article
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