Martin Lewis describes how to handle it if you’re in debt – and just how to reclaim money

Martin Lewis describes how to handle it if you’re in debt – and just how to reclaim money

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MONEY expert Martin Lewis has revealed his top tips to get away from financial obligation, regarding the latest episode of their cash show on ITV.

He talked to Chris – a 28 yr old from Scarborough – who’s coping with “catastrophic” quantities of financial obligation.

Chris stated: “About a decade ago, i obtained as numerous bank cards, phone agreements, pay day loans as I could. When they’d offer it if you ask me on credit, We’d go on it.

“Life got truly in the way, my credit is shot through the ground, I do not even comprehend half the folks we owe cash to any longer. I became 18. “

“It worries me personally concerning the future now, since when I happened to be 18 used to don’t think of do I would like to purchase a household. However now i am older i really do desire my house that is very own.

Martin suggested Chris – and someone else coping with unaffordable debt to look for assistance from a financial obligation counselling solution, such as for example action Change, National Debtline or people information.

He stated: “Debt could be dangerous, depressing and debilitating, but do not simply ignore it and keep on, which is an error.

“Taking action is really what matters, whether your financial situation are workable if not when they feel catastrophic. Continue reading “Martin Lewis describes how to handle it if you’re in debt – and just how to reclaim money”