Taunton Area Debt Advice
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​​Can’t Afford Minimum Payments?


If this applies to you, you should . . . 
  • Write down your income and expenditure  - as accurately as possible - using our budget sheet​
  • Work out what’s left (it might be negative)
  • Think about reducing expenditure and increasing income
  • Join the Money Saving Expert Credit Club to get your free Credit Report to get an update on your debts
  • Negotiate with your creditors (start with Rent, Council Tax, Gas, Electric, TV Licence)
  • Offer small amounts to each creditor to start paying off your debts
 
That’s the basic idea  - but some of these steps can be complicated – if you’re struggling with this, please get in touch with us or another free debt advice agency such as CAB, StepChange, Community Money Advice , Christians Against Poverty or PayPlan.


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Authorised and regulated by the Financial Conduct Authority
  • Home
  • Contact us
  • stop creditor hassle
  • WHAT TO DO
  • About Us / Volunteering
  • Privacy Notice