What is a Money Adviser in Scotland?

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 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.