How does it work?
This is when an expert looks at your financial situation. This will be someone impartial, which means they have nothing to gain from helping you.
Your debt advisor tells you about ways to deal with your debt, based on your circumstances. They might recommend you can:
- Sort out your finances through better budgeting
- Go on a debt solution
- Use assets to pay back or write off debt
Maybe your debt advisor will recommend you do all these things. It depends on what is right for you.
Watch our video to find out about what debt advice is