Back in 2013 the payday loan market was booming. Chirpy jingles and...
Welcome to the MoneyAware blog
It seems like all we hear at the moment is bad news about the economy: public spending cuts, double dips and austerity measures. We know it’s not going to get better in the short term so we’ve got to batten down the hatches and ride the storm out.
At StepChange Debt Charity we see the human face of this economic toll, assisting half a million UK citizens each year with debt problems. Debt is a fact of life for families up and down Britain today.
Want to take control of your money? Trying to avoid debt? Get helpful money-saving and money-making articles like this in your inbox every month, aimed at helping your budget.
It’s a bit of a depressing forecast!
So here at MoneyAware we want to promote wise use of credit, to stop you falling into the trap of problem debt in the first place. StepChange Debt Charity believes that prevention is still better than cure.
Over the coming months we’ll talk about how the industry works, help explain its confusing jargon, show how some companies that say they can help actually plunge you further into debt, ask you for your thoughts on the day’s news and also hear from those that have made the decision to seek help when they’re struggling. But without trying to sound too depressing!
As we say on the right hand side of the page, we don’t want you to get in touch with us: we’d prefer if you didn’t fall into the trap of unmanageable debt in the first place. This blog will hopefully help you avoid the pitfalls.
But if you do need to get in touch we’ll be here to support you with debt help every step of the way.