Debt issues are a growing problem in the UK, whether they are caused by a change in financial circumstances or an overwhelming level of debt, such that a person just can no longer cope.
Many types of debt are handled in different ways by creditors, and there are also different legal implications for some types of debt eg Student Loans.
Here we list common debt problems with an overview of common factors to give visitors a summaryof the different issues for different types of debt, including:
At this stage, the list is by no means exhaustive and also bear in mind that each person's financial circumstances are unique. Use these as a guide, but for expert advice contact our advisors at 0800 048 1771, or use our debt wizard.