When Debt becomes a Problem
If you feel your finances have become a real mess and you are struggling to repay your debts, it may sound too simple but no matter how hard it feels...STOP BORROWING'. Do a budget, look at where you can save money and where you can try to cut back.
If you find yourself in a 'crisis' debt situation get help from a NON PROFIT debt counselling agency such as 'Stepchange Debt Charity' www.stepchange.org. They will help you to work through your debts and devise a solution. They will negotiate with your creditors, set monthly repayments and they will not take a fee (which can sometimes be quite large) from your money before your creditors get paid. Always take advise with your options. Most creditors will happily work with you with a plan that suits you and your situation.