Finding Free Debt Advice

If you have debt problems then it may be tempting to look at one of the many companies that offer you a free and easy way out of your problems. The growth of debt management companies has been phenomenal during the past decade as more and more people have become challenged by their repayments as their circumstances change due to the impact of the recession and financial crisis.

The dangers and costs of debt management companies

However, many of these companies do not offer impartial advice since their aim is to get you into one of their managed debt products where they can earn fees. There are legitimate ways to get back in control of your finances and some companies can help achieve this goal. Free and impartial advice is available from a range of non profit charities and government agencies that have your interests firmly at heart.

The best debt solutions are available for free

The Citizens Advice Bureau has an excellent debt counselling service as do the Consumer Credit Counselling Service (CCCS). The CCCS is the UK's largest dedicated registered charity that focuses on providing impartial advice to anyone with financial difficulties. In addition to face to face counselling help they provide online, anonymous, help via their website. They also provide help with how to budget effectively, set up a debt management plan or, should the need arise, help with setting up a legally binding Individual Voluntary Arrangement with lenders. They can also provide practical advice on the benefits of equity release schemes as a way of managing debt. It may be that after talking with one of these charities, a commercial organisation could help you. However, why not use these free and impartial services first to make sure you are getting the best deal.

For free and impartial debt management solutions

National Debt Helpline
Free debt advice and support for people with money worries and debt difficulties in England, Wales & Scotland.

Visit the National Debt Helpline
http://www.nationaldebtline.co.uk/

Consumer Credit Counselling Service – CCCS
http://www.cccs.co.uk/

Free debt advice for families and individuals. Visit the CCCS website

http://www.cccs.co.uk/

Payplan Payplan provides free advice to people living in the UK on debt and budgeting. Visit the Payplan website

http://www.payplan.com/

Citizens Advice Bureau (CAB) Your local CAB is a good place to find free advice. They provide free information and advice on legal, money and other problems. Visit the CAB website

http://www.citizensadvice.org.uk/index.htm