25

Mar

Debt awareness

The cost of living continues to be a crisis and people are understandably worried. This week is Debt awareness week and we would encourage tenants to take advantage of all the help out there, should they feel that their finances are causing issues.

It is vital that if finances are getting out of control that you carry out a few sensible steps.

  • Firstly don’t ignore the issue.
  • Listing debts and prioritising bills, can really help, work out which bills have the most serious consequences and talk to the provider about your situation.
  • Set a budget and stick to it.
  • Try not to take out more debt.

Charities like StepChangeNational Debtline, and Citizens Advice offer free advice.

If you are facing financial issues that may affect your rent payment please talk to your Housing Officer.