When you’re ill, you go to the doctor. When you have an issue with something happening in your local area, you contact the council or your MP.
There are many times in our lives when we need outside help, so why should seeking debt advice be any different?
Being in debt can be one of the most isolating experiences in a person’s life. We know that many people wait a year or more before getting help. We want people to recognise the danger signs of a debt problem and get advice and help.
Later this month we’ll be running our first ever Debt Awareness Week. We want everyone to know that should they ever have to deal with debt, they don’t have to deal with it alone.
What are the danger signs?
If any of these scenarios sound familiar, this may mean you’re treading thin ice when it comes to your finances:
- Only paying the minimum payments on credit cards or store cards
- Borrowing more to pay off your existing debt (e.g. consolidation loans)
- Falling behind on essential household bills such as your rent, mortgage or council tax
- Borrowing just to get through until next payday
- Going over your credit limit
Getting help sooner
Once a person knows the danger signs of debt, they can better prepare for any difficulties that lie ahead. Most importantly, they’ll know that they may need to get debt advice. Many of our clients regret not doing it sooner:
“(If we had) asked for help sooner, (we) wouldn’t have been in as much debt as we ended up in and would have been debt free by now.”
“I wish I’d come to StepChange Debt Charity sooner instead of thinking I’d find work sooner than I did.”
“Don’t ignore the debt. Deal with the issue, speak to someone who can help. I would have saved myself a lot of debt if i had.”
“ (If only I’d) gotten a reality check and not been so hung up and panicky about maintaining a good lifestyle. I work so many hours and am away from home a lot that I haven’t seen my little boy as much as I wanted to because of fear of change and the pressure to pay the debts.”
Help us spread the word
There’s several easy ways you can help spread awareness about debt.
- Share our Debt Awareness Week page on your Facebook, Twitter or Google Plus accounts and help spread the word.
- Sign up for our Debt Awareness Week email to keep up to date with the campaign and what we’re doing.
- Download the Debt Awareness Week digital toolkit and put posters up in your workplace. One of your colleagues may be trying to deal with a debt problem.
- Make a short video on Vine or YouTube talking about how you faced up to debt. Email us for more details.
Client quotes obtained in debt danger signs survey, Dec 2013.