19th April 2021
By Vicky Shaw
Debt can seem like an overwhelming burden, and some peoples problems with debt have grown much bigger over the past year.
A recent survey by VoucherCodes.co.uk found on average, the 25-34-year-olds they polled had worked up 2,673-worth of debt since the pandemic lockdowns started.
Rachel Springall, a finance expert at Moneyfacts.co.uk, says some people who are struggling may want to approach a free debt advice service for support, before their situation gets worse. In the meantime, here are some tips from Springall to help people make a start on bringing debts under control:
1. Use budgeting apps
Springall says: Thankfully there are free mobile apps that can break everything down and help consumers to chang…
Read the full article at: https://www.chronicle.gi/five-ways-to-help-tackle-debts-head-on/
