MOST ORGANISATIONS WOULD celebrate record numbers in January. Sadly the opposite is true for the UK’s debt charities, who see an influx of people in the new year.
Usually it’s extra Christmas spending that makes people go over the limit, but with the ongoing cost of living crisis, demand for help has been soaring month on month.
It means more and more people have been turning to overdrafts, credit cards and loans to get by—but these aren’t sustainable solutions. And they can quickly turn unmanageable, spiralling into problem debts and defaults.
But before that happens, these actions could help you take back some control, and prevent things from getting