It’s easy to think of debt as something that happens to other people – until some misfortune, or a spiralling cost-of-living crisis, means you find yourself under financial heat.
It’s easy, too, to avoid dealing with it for as long as it can be put off. Both the stress of and stigma surrounding debt can stop people speaking up for help.
But if there’s one tip debt experts could give everyone, it’s this: act now.
Organisations such as StepChange report that people will often wait for up to a year after getting into money difficulties before they try
