Debt Awareness Week, organised by StepChange to raise awareness of the support available for those in debt, runs this month, from 24 – 30 March.
In this month’s edition of MoneyHelper’s monthly financial guidance column, Paul Fox, Regional Manager for the South-West at the Money and Pensions Service (MaPS), talks about debt and how you can get free support.
1.What is problem debt?
Debt can happen in lots of different ways; you might borrow money on a credit card or loan and then find you struggle to keep up with the agreed repayments.
Or you may not have enough money to cover council tax or energy bills and start getting letters and calls asking you to repay the money you owe.
If something like this is…
