Check If You Qualify

What is a Money Adviser in Scotland?

Sharon McDougall - Updated - 17th May 2024 - 2 minutes to read

When you’re in debt and don’t know which way to turn, obtaining reliable and up-to-date advice is crucial. As a resident of Scotland you have access to approved local authority money advisers, and reputable money charities, to guide you and help escape the debt spiral.

Approved money advisers in Scotland ensure you choose the best available debt relief option by carefully reviewing your finances, assessing your eligibility for each solution, and explaining their benefits and drawbacks.

They receive training and must pass accreditation prior to attaining ‘approved’ status, so you know that they’re legitimate and have the knowledge to help you deal effectively with your debt.

Free debt advice for Scottish residents

As part of legislation introduced in 2014 – the Bankruptcy and Debt Advice (Scotland) Bill – a new ‘Financial Health Service’ was established to guide people towards legitimate debt advisers.

A number of major debt advice charities in Scotland offer their services free-of-charge, including Citizens Advice Scotland, National Debtline, and the StepChange Debt Charity.

Qualifications and training are vital when providing debt advice, but as a consumer, it can be difficult to know who has the necessary qualifications and experience.

Scotland Debt Calculator

Get a rough indication of what your repayments might be under each of our different debt solutions.

Your Total Debt

£0 - £5,000

£5,000 - £10,000

£10,000 - £20,000


Your Employment Status

I am employed

I am self-employed

I am unemployed

I am a student

I am retired

Your Total Monthly Income

£0 - £1,000

£1,000 - £2,000

£2,000 - £3,000


What can you pay monthly towards your debt?

£0 - £100

£100 - £200

£200 - £300


National money advice service

Money Advice Scotland is the national money advice service for Scotland, and can guide you to your nearest approved money adviser. They also provide education for money advisers, who undergo various levels of training in order to achieve the necessary qualifications.

The Accountant in Bankruptcy (AiB) also displays a list of approved money advisers on their website. You can find one close to your location by using their straightforward search tool whereby you simply type in your post code.

Money advisers and the Debt Arrangement Scheme (DAS)

When the Scottish government introduced the Debt Arrangement Scheme in 2004, they brought in a product which allowed people to deal with debt without having to use formal insolvency procedures.

Included in DAS was a requirement for potential applicants to obtain debt advice from an approved adviser, who would review their financial position and decide on eligibility. This aspect remains a crucial part of the process, and helps to address the problem of unregulated debt advice.

It’s important to be aware that, although there are many legitimate online firms offering debt advice and help in Scotland, an increasing number are merely lead generators. Some simply refer enquirers to unapproved advisers, who may or may not provide the reliable and impartial advice offered by an officially-recognised money advice agency.

Scotland Debt Solutions have been helping Scottish residents in debt since 1989, and can provide the professional and reliable advice you need to deal with this stressful situation. We’ll assess your financial position, and explain all the options open to you, so you’re confident that you understand how to proceed. Call one of the team for a free same-day meeting – we operate from five locations around Scotland.

facebook colour icon twitter colour icon linkedin colour icon messenger colour icon whatsapp colour icon email colour icon
Sharon McDougall Square

Sharon McDougall


Other Articles

Can I borrow money whilst I’m in a Trust Deed? Can I Borrow Money

Can I borrow money whilst I’m in a Trust Deed?

Borrowing money when you’re already deeply in debt requires careful consideration, and consultation with your trustee, as there are various factors associated with further borrowing in this situatio...

Your guide to getting a mortgage after a Trust Deed Guide to get a mortgage

Your guide to getting a mortgage after a Trust Deed

If you’re about to be discharged from a Trust Deed, you may be wondering to what extent your ability to obtain a mortgage has been affected.

What is an inhibition court order in Scotland? Court Order

What is an inhibition court order in Scotland?

If you’ve lost your job, state benefits and tax credits can provide vital financial support to see you through this tough time and help you avoid taking on too much debt while you look for more work...


Why Choose Us

Usp Discussion

Speak Direct With

A Qualified Adviser


We Don't Operate

Call Centres

Usp Location

5 Offices in Scotland

National Coverage

Usp House

Ask us About

Home Visits

Usp Award

Fully Regulated Advisors

From a Reputable Firm

Usp Hand Heart

Helping Scots Get

Out of Debt Since 1989

We'll give you a call

Our Scottish based team can help advise you on your debt problems.

Here at Scotland Debt Solutions we take your privacy seriously and will only use your personal information to contact you with regards to your enquiry. We will not use your information for marketing purposes. See our Privacy Policy.


Useful Tools

Personalised Debt Report
Usp Planner

Personalised Debt Report

Our personalised debt report will help you better understand your financial position and see where your money is going.

Debt Report
Instant Scheduled Call & WhatsApp

Instant Scheduled Call & WhatsApp

Arrange a call with an expert advisor at a time to suit you or contact our team via WhatsApp for immediate help and advice.

Arrange Callback
Find a Local Office
Usp Signpost

Find a Local Office

We have five offices located across Scotland. Find your nearest one here.

Find an Office


We can help you with...



Sequestration is the Scottish version of bankruptcy and may be suitable for you if you do not have the money to pay back your debts

Find out More
Trust Deeds in Scotland

Trust Deeds in Scotland

A Trust Deed involves making a monthly contribution to your debts for up to four years. After this time any remaining debt included in the Trust Deed will not need to be paid.

Find out More
Debt Arrangement Scheme (DAS)

Debt Arrangement Scheme (DAS)

A Debt Arrangement Scheme (DAS) lets you pay off your debt through a series of manageable instalments over a reasonable length of time.

Find out More
Business Debts
Icon Briefcase

Business Debts

Whether you are a sole trader or a limited company director, we can help you work through your current financial problems including money owed to HMRC

Business Debts

Our Insolvency Practitioners are regulated by ICAS or the IPA and our firm is authorised and regulated by the Financial Conduct Authority

Fees and Information: There are fees associated with our services. These will be fully explained before entering into any of the personal debt solutions referred to on this website. Full details of our fees and how these are charged are fully explained to you prior to you committing to any particular service.

ICAS Insolvency Practitioners