Regain control of your finances today
More than 24,000 Scots turn to debt help to write off what they can’t afford
It would take more than 26 years to repay average credit card debt levels across the country by only making the minimum monthly payment, new figures have revealed.
According to The Money Charity, Brits have racked up an average credit card debt of £2,609 per household with research showing it would take an incredible 26 years and seven months to pay back the amount owed with minimum payments.
The figures make for stark reading as UK residents owe an incredible £1,647 billion in personal debt, with more people than before turning to borrowing to make ends meet.
No one likes to admit they’re strapped for cash, however, the reality is for many Scottish families making a pay packet last throughout a month is easier said than done.
You could make the most of a tried, tested and legal solution to help you write off unsecured debt you can’t afford.
All it takes is one conversation.
No one plans to be in debt
Financial responsibility is one of life’s greatest skills, however, sometimes balancing the scales of life just isn’t a possibility for some. Figures show that thousands of Scots find themselves at the mercy of their creditors due to circumstances outwith their control. From unexpected bereavements or illness to the breakdown of a relationship or job loss, there’s no one size fits all profile when it comes to those struggling with debt nor is there one easy reason to pin the problem on.
According to statistics from the Scottish Personal Debt Index, Scots facing financial troubles saw their personal debts increase by an average of 11.6% in the second quarter of 2018 – bringing the average level of national unsecured debt to a staggering £55,438.
Nobody plans to be in debt.
You didn’t either. The system is stacked against you.
But the repayments creep up. A credit card here, a car repayment, perhaps even your council tax. By the time you realise what is happening you are out of your depth. You do your fair share. You work hard for a living, but sometimes the money you earn just isn’t enough.
But where do you find help?
Staying silent isn’t an option
We’re taught from a young age that talking about our finances isn’t something that should be done openly.
Shrouded in secrecy, money talk is often frowned upon – particularly when it comes to debt.
It’s that attitude that can make money problems worse.
Living with money problems can be stressful at the best of times and hiding from the issue only makes it harder to deal with. The people you owe money to will continue to chase you – no matter how big or small the debt.
They’ll eventually send Sheriff Officers to your door to collect what they’re owed.
There’s no escaping from debt, no matter how hard you try.
Where do you turn for help?
When dealing with debt it can be all too easy to ignore the size of your problem. It may seem like taking control of your debt is a difficult and stressful task, but the reality couldn’t be further from the truth.
Money worries can be daunting but addressing the problem doesn’t have to be complicated.
If you find yourself feeling sick to your stomach every time you try to lift cash from a bank machine, are scared to check your balance – or worse are scared to answer the door for fear of Sheriff Officers being at the other side – the time has come to take action.
And help is easier to find than you think.
You don’t need to just scrape by to get through life. You could shrink your debt to a level you can manage and start to live your life again with the help of tried and tested debt help.
Scotland’s debt specialists
Carrington Dean is Scotland’s largest independent debt solutions provider and is renowned for offering a professional and reliable service to Scots struggling with their finances.
The experienced team could help you write off up to 75% of unsecured debt, freeze interest and charges and stop creditor pressure.
It all starts with one conversation.
Over the years the knowledgeable team has helped more than 24,000 Scots realise there is light at the end of the tunnel by reminding them that they don’t need to worry about facing their debt problems alone.
You deserve more than living with the pressures of debt. It’s time to take action.