Debt Awareness Week 2015

Debt Awareness Week 2015

We’re supporting StepChange Debt Charity’s second Debt Awareness Week which aims to encourage as many people as possible in financial difficulty to take control of their finances, and raise awareness of free debt advice.

One place to start dealing with debt – to prevent it and to recover from it – is to check what’s on your credit report. The data & information held there summarises your credit history, so it can be well worth reviewing it on a regular basis, and making sure it provides an accurate and up-to-date picture of your credit histories.

One in four feel pressure to overspend at Christmas

Guest blog post from National Debtline, the free debt advice service run by the Money Advice Trust.

MCC logo-350Do you ever get the feeling that you overspend at this time of year?

Research carried out by National Debtline has revealed that one in four people feel under pressure to spend more than they originally planned this Christmas.

Promotions such as Black Friday, as well as the expectations of children, partners and other relatives are cited as common factors contributing to overspending.

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Making Christmas Count this year

Staying on top your finances at Christmas can be tough, especially when there’s a lot to pay for, and a lot of time to fill.

Many people feel under pressure to spend more than they originally planned this Christmas, and the New Year can often be the time when people struggle with bills and money worries the most.

New research from National Debtline has showed that almost a quarter of Britons surveyed (23%) said they felt under pressure to spend more.

Making Christmas Count
Our friends at the Money Advice Trust are #MakingChristmasCount through December, which aims to show that you don’t need to spend a lot to give a thoughtful gift, or a great Christmas experience.

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About Debt Awareness Week

Debt Awareness Week: 26 Jan-1 Feb

Debt Awareness Week: 26 Jan-1 Feb

Here’s Rachel Connor from Stepchange.org with a guest blog post to help introduce and explain more about Debt Awareness Week. 

StepChange Debt Charity wants you to take control of debt!
Personal debt is a cause of worry for millions across the UK, and it’s estimated that some 2.9 million people desperately need debt advice right now*. The trouble is that many people who are struggling simply don’t know where to start. They may not even know that free debt advice is available to them.

Monday 26 January will see the launch of StepChange Debt Charity’s second annual Debt Awareness Week. During this week, we’ll encourage people to get free debt advice as soon as they need it. Continue reading

How late payments on my credit report could affect you

Gray from Experian Experts explains how late payments on your credit report might affect your credit application, and what you could do to help give your credit application a better chance of success. You can see more videos from Experian’s Experts on our YouTube channel.

Your credit report can help banish debt worries

Let your credit report help you beat debt worries

Let your credit report help you beat debt worries

Money worries can keep us awake at night. Research by the Debt Advisory Centre shows that one in eight UK adults worry constantly about what they owe and a further one in five are often concerned about their debts.

Moreover, more than half those with money worries said their financial situation gives them sleepless nights. Many also thought the stress has been affecting their relationships and their health. Just 6.5 per cent of borrowers were unconcerned about what they owed.

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