Debt Help For Financially Troubled - 2008 FSA Warning

Writing by Paul on Tuesday 29 January 2008

Borrowers at Risk of Debt Problems

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The Financial Services Authority (FSA) today warned that a ’significant minority’ of people with too much debt may face debt problems in 2008, requiring debt help, after its Financial Risk Outlook highlighted adverse UK economic stability and resulting pressure on various financial institutions.

High Fuel and Energy Bills

Following a tumultuous week within the world markets that shows little sign of settling down, the warning comes as more and more people struggle with increasing council tax bills, gas and electricity prices and a seemingly never-ending rise in the cost of fuel at the pump.

Payplan’s Debt Help-Line

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Payplan has noticed a significant proportion of callers to its debt help-line are already struggling to meet payments to their mortgage or rent, and urges those that are beginning to fall into arrears for whatever reason, to seek free debt help as soon as possible.

Immediate Debt Help for Free

Call Payplan free on 0800 917 7823 to receive free debt advice, IVA and bankruptcy advice or simply to see if there are other options open to you such as reducing your mortgage payments by taking free mortgage advice. Get immediate and free debt help online using Payplan’s debt help calculator.

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