Good debt advice ‘crucial’

Moira Haynes, spokeswoman for Citizens’ Advice, said that people need to be able to get good advice if they wish to clear debt.

“I think people just need to be wary of being offered what looks like a magic wand as it may not be the right thing for them and it may actually cause them more problems than it solves,” said Ms Haynes, urging good debt advice.

She warned consumers to beware of firms offering loans as a debt solution as there is no one way to instantly wipe out debt.

Instead, Ms Haynes urged people with problems to seek out the experts for debt advice, who can offer a range of debt solutions.

Her warning comes as the BBC’s Watchdog programme finds that not all firms claiming to offer debt advice give the same quality of information.


Tell others: