Almost a year to the date of the UK’s first COVID 19 lockdown arrives Debt Awareness Week, from 22nd to 28th March.
The last 12 months have been increasingly difficult for people across the UK, with many experiencing a reduction in income, or a loss of job, you may have found yourself in a debt spiral with what seems like no way to get out.
Being aware of your debt is the first step to getting help and breaking the debt cycle. Debt Awareness Week is the perfect time to seek debt advice and improve your relationship with money and debt.
For many, debt and money worries can be the cause of sleepless nights, anxiety, and increased stress levels; seeking debt advice this Debt Awareness Week could really lighten the burden and be the turning point of your situation.
Breaking the debt cycle
Research by the Financial Conduct Authority found that around 6.8 million people were in need of debt help, but avoided taking it due to the embarrassing feeling, and even stigma attached to the word debt. When seeking debt advice, it’s important to remember that your debt advisor is there to help; they’ll assess your situation and aim to offer a way out.
Debt Awareness Week aims to break the stigma of debt and encourage the use of debt advice before reaching the stage where your health and wellbeing is affected, which we understand is easier said than done.
We appreciate that seeking debt advice is difficult and research has shown that 72% of people who sought debt advice said that the debts had made them ill, so helping you find a way forward is paramount for us, we’re here to help.
How can I get debt advice?
Angel Advance’s debt advice is free, impartial, and completely confidential. To make overcoming the barriers even easier, we have our Online Debt Advice Tool which means you don’t need to speak to anyone, if you’d prefer to keep it that way. You can also speak to one of our experienced advisors on 01925 599400 or email us at info@angeladvance.co.uk
