Dealing with debt

What to do if you are worried about debt

Dealing with debt

To find out how much you owe - write down the following:

•  rent/mortgage arrears

•  loans secured against property

•  council tax arrears

•  utility bills arrears

•  unsecured loans

•  credit cards and store cards

•  doorstep loans

•  other - catalogues, friends

•  total

If you are worried about your debts, contact the 
companies you owe money to as soon as possible.   
They may be able to help you with your debts and     
need to know if you are having financial problem

Alternatively, you could download the dealing with debt table from the Rip Off Britain Guide to Getting a Good Deal. It's available in two formats:

If you are worried about your debts, contact the companies you owe money to as soon as possible. They may be able to help you with your debts and need to know if you are having financial problems.

Get some free debt advice from the Consumer Credit Counselling Service on 0800 138 1111 or the National Debtline on 0808 808 4000. Citizens Advice can help you sort out money, legal and other problems for free online, face-to-face and over the phone. Contact Citizens Advice on 08454 040 506.

Tips:

• It’s much more important to pay priority debts like your mortgage or rent as you risk losing your home.

• Write down what money you have coming in each month and what you spend it on. Working out a budget is a good way to see where your money is going and if you could cut back on your spending.

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