‘Fearful Brits’ urged to seek advice

British consumers who are fearful of their own financial future should seek advice about how best to proceed, it has been suggested.

According to experts at moneysupermarket.com, it is important for anyone struggling to become debt free or to keep on top of their outgoings to seek out advice from appropriate sources.

The comments from the price comparison firm come after its own research discovered that close to a third of consumers around the country are not sure how much longer they can cope with the kind of financial pressures they are currently facing.

“Anyone starting to worry about their financial situation shouldn’t bury their head in the sand – problems are easier to tackle when addressed early,” said Tim Moss, head of loans and debt at moneysupermarket.com.

Meanwhile, Fool.co.uk reported recently that debt management concerns and a gloomy economic forecast have seen more and more people in the UK look to tighten their belts over the past few months.