Reasons For Debt

Articles about common situations that lead to personal debt and practical responses. Topics include job loss, income changes, divorce, business failure and education costs.

Coping with Debt Addictions

Understand why debt has become addictive in Britain and how to break the cycle of overspending on credit cards.

Coping with Debts from a Divorce

Managing debts after divorce requires practical steps to rebuild your finances and secure your future.

Coping with Redundancy Financially

Handle your finances after losing your job with practical steps on redundancy pay, notice requirements and managing existing debts.

Debts Due to Poor Money Management

Most people slip into debt through simple money mistakes—here's how better spending habits can help you break free.

FAQ: Personal Debt and the Credit Crunch

How the credit crunch affects personal debt and borrowing in the UK, and why it impacts everyone even if you don't need credit.

Getting Into Debt Because of a Drop in Income

When you lose income through job loss or illness, debts can quickly spiral—here's how to protect yourself and manage the fallout.

How to Deal with Debts Due to Illness

When illness stops your income, managing existing debts becomes crucial to your recovery and financial stability.

How to Deal with Debts from Your Education

If you're managing education debt, here's what you need to know about student loans, repayment thresholds, and whether to pay them off early.

Low Income Earners and Debt Traps

How low income earners get trapped in debt through loans, credit cards, and unpaid bills like rent and taxes.

Managing Debts from Your Failed Business

When your business fails, prioritize which debts to tackle first to protect your home and finances from spiraling out of control.

Online Credit and Debt

Online lending makes credit easier to get, but high-interest lenders can trap you in a cycle of debt that's hard to escape.

The Facts About Personal Debt in the Uk

UK personal debt has hit crisis levels with £175 million lent daily and credit card borrowing at record highs of £238 billion.

Why Being Single Means More Debt

Single people pay more for housing, utilities and everyday expenses because they can't split costs with a partner.