Debt is a pressing issue that many families in the UK face. If you are among those dealing with debt, it’s important to know that you are not alone, and there are numerous resources available to help you manage and overcome these financial challenges.
This blog highlights some of the key organisations and resources in the UK that can provide the support and guidance needed to navigate through debt.
1. Citizens Advice
Citizens Advice is one of the most well-known organisations offering free, confidential, and impartial advice on a wide range of issues, including debt. They can help you understand your financial situation and develop a plan to manage your debts. You can access their services through local offices, over the phone, or online.
2. StepChange Debt Charity
StepChange Debt Charity provides expert advice and practical solutions to help you deal with your debt. Their services are free, and they offer a variety of tools, such as a debt advice tool that can provide you with a personalised budget and debt management plan. StepChange also has resources to help you understand your rights and the options available to you, including debt consolidation and bankruptcy.
3. National Debtline
National Debtline offers free, confidential debt advice over the phone and online. They provide self-help packs and a wealth of information on their website to help you deal with your debts. Their advisors can guide you through creating a budget, prioritising your debts, and exploring options like Debt Management Plans (DMPs) or Individual Voluntary Arrangements (IVAs).
4. The Money Advice Service
Funded by the government, the Money Advice Service provides free and impartial money advice. They offer a range of tools and calculators to help you manage your money and understand your debt options. Their website is a comprehensive resource for information on dealing with debt, budgeting, and saving.
5. Smart Energy GB
Smart Energy GB is the campaign for smart meters in Britain. They offer valuable resources for those worried about energy bills or energy debt. Their energy debt advice includes:
- Government help with energy bills: Detailed information on the various forms of government energy support available and how to access them.
- Energy supplier help: Guidance on how to contact your energy supplier if you are unable to pay your energy bills, including possible repayment plans and assistance programmes.
- Energy efficiency advice: Tips on how to make your home more energy-efficient, which can reduce your energy bills. They also provide information on accessing extra support and managing stress and anxiety related to energy bills.
6. Christians Against Poverty (CAP)
CAP is a UK-based charity that provides free debt counselling and support. They work with individuals and families to create manageable repayment plans and offer budgeting courses to help you stay on track financially. CAP also provides emotional support, recognising the stress and anxiety that debt can cause.
7. Turn2us
Turn2us is a national charity that helps people in financial need gain access to welfare benefits, charitable grants, and other financial help. Their website includes a Benefits Calculator and a Grants Search tool to help you find additional sources of financial support.
8. Local Councils and Housing Associations
Many local councils and housing associations offer debt advice and financial support services. These can include discretionary housing payments, council tax reductions, and other forms of assistance. Contact your local council to find out what help is available in your area.
Practical Steps to Take
In addition to seeking help from these organisations, there are practical steps you can take to manage your debt:
- Create a budget: List all your income and expenses to understand your financial situation better.
- Prioritise debts: Pay off priority debts (like mortgage, rent, and utilities) first to avoid serious consequences.
- Communicate with creditors: Let your creditors know if you are struggling to make payments; they may be able to offer more manageable repayment terms.
- Seek professional advice: Don’t hesitate to reach out to the organisations listed above for expert guidance.
Final Notes
Dealing with debt can be overwhelming, but it’s important to remember that help is available. By utilising the resources and support services offered by these organisations, you can take control of your financial situation. Remember, you don’t have to face this challenge alone – reach out for the help you need today.
