Credit Cards

Say NO! to credit cards…

Do not be tempted to open more than one bank account as it is easy to run up large overdrafts which you cannot later repay. Unless you are confident that you can repay a credit card in full each month, don't get one. The interest soon mounts up if you do not pay off the full balance on your account. The same applies to store cards, especially as their interest rates are very high, typically 29% per annum. It may be tempting when you’ve spotted something nice at the shops that you can’t afford, but don’t give into temptation. You may think the new shoes/jeans/bag will make you feel better, but the hefty credit card bill that you can’t pay at the end of the month most certainly won’t.

Dealing with debt can be very worrying and stressful, but help is at hand.  If your debts are unmanageable or could become so, please contact us for help as soon as possible.  We offer a free, confidential money advice service. We will not make any judgements on how your problems have arisen, we just want to help you get sorted..  We can help you by going through your finances with you to look for ways of maximising your income and reducing your expenditure.  We can also help you work out what you can afford to pay and, if necessary, help you negotiate affordable repayments with your creditors. 

Other sources of help

NationalDebtline
Citizens Advice Bureau
Consumer Credit Counselling Service
Payplan
Help with gas/electricity/water bills