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Free UK Debt Help and Financial Advice

Welcome to our free UK Debt help and Financial advice section.

Here we've endeavored to find you the best free debt help and free UK qualified financial advice sources in the UK, that have easy accessibility, to provide you with helpful information, especially if your struggling with your personal debts and finances.

This isn't the usual 'blah blah blah' sort of debt help page, you usually find on the internet. This is REALLY, an INFORMED gateway to some of the best Debt Councilors, available on the internet and some of the organizations, such as the CCCS (Consumer Credit Counseling Service) are registered charities and don't charge you anything for their services. The CCCS is actually funded, via a unique agreement, by the creditors themselves!

On the table below, you will find more services that could help you with your financial turmoil.

Being in debt was once frowned upon, nowadays individual debt is 'the norm' in the buy now and pay later culture, we now live in. Being in debt can be a lonely experience but your not on your own....

See our UK National Debt Statistics, at the bottom of this page!

Debt Help and Financial advice
Provider	Type	Details
360money	Pre-Paid-Credit Card	Details/Apply
www.creditaction.org.uk	Free money management	Details/Apply
www.moneyexpert.com	financial solutions	Details
Cut your debt.co.uk	variety of debt solutions	Details/Apply
Equifax	Free personal credit report	Details/Apply
www.insolvancyhelpline.co.uk	Credit repair	Details/Apply
www.freepay.org	Credit repair	Details/Apply
www.cccs.co.uk	Free advice/help	Detail/Apply
Financial Services Authority	Official finance regulator	Details
One of the fastest growing crimes in the UK is identity theft and fraud. Many people have heard of this but lots don't understand the consequences or how to avoid it. We have a page that is dedicated to the subject and is a mind of useful information Click here

UK National Debt Statistics

The number of people seeking help and advice for debt accumulated from loans and credit cards has doubled over the past eight years!

The fact is that low income and bad financial decisions have contributed to the downfall of many people. If debt advice was sought earlier on, many could have avoided falling further into the depths of serious debt and despair. More than one in ten people who owe money are concerned about their ability to manage their debts, new research finds.
As a result as many as 3.4 million people may not be able to stay on top of their borrowing, claims financial comparison website Moneyexpert.com.

UK Debt Facts and Figures

Britain's personal debt is increasing by £1million every four minutes. (Credit Action)
At the end of February 2007, total UK personal debt was £1,310bn. The growth rate increased to 10.5% for the previous 12 months which equates to an increase of £116bn. (Credit Action)
Total consumer credit lending to individuals in February 2007 was £213bn. This has increased 5.5% in the last 12 months. (Credit Action).
At the end of 2005/ 06 general government debt was £529.1 billion, equivalent to 42.1 per cent of gross domestic product (GDP). (National Statistics Online)
Plastic cards in issue were 183m in 2005. This works out at an average of 4 plastic cards for every adult in the UK . (Credit Action).
There were 282 credit or store card transactions that took place every second in the UK in 2005. There were 86 withdrawals made every second (equal to £5,455/second) from the UK 's 58,000 cash machines in 2005. (Credit Action)
The net repayment of credit card debt, of £311m, was revealed in statistics from the Bank of England (BoE). (BBC) Since the start of 2000 the amount of outstanding debt held by people in the UK has doubled to £1.25 trillion, though most of that has been in the form of mortgage borrowing. (BBC)

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