A shocking number of UK adults would leave it up to three years or more before seeking professional help if they were in debt, new research has revealed.
A survey of 1,000 UK adults, carried out by Creditfix, the UKs largest personal insolvency practice, found that 59% of Brits would wait over two years before asking for help, while almost half (48%) would wait for more than three years before reaching out for professional advice.
An overwhelming number of Brits (72%) said they would be uncomfortable discussing debt with a stranger, making it difficult to seek out professional help if they found themselves in that situation.
Almost one in three (31%) said they would be too embarrassed to talk to anyone at all about their financial pro…
Read the full article at: https://www.businessleader.co.uk/brits-more-likely-to-bury-their-heads-in-the-sand-than-deal-with-debt/57616/