Sharon McDougall - 22nd March 2018 - 2 minutes to read
The Welsh actor Michael Sheen has helped to launch a new campaign against high-cost credit and the companies that offer money to customers at very high levels of interest.
Mr Sheen, who starred in the movies Frost/Nixon and The Damned United, has said he plans to scale back his acting work in order to focus on the campaign and supporting the newly-created End High Cost Credit Alliance.
That alliance was launched this week in Glasgow and has been established to bring together the work of charities, politicians, businesses and other interested parties, who all want to see more affordable forms of credit made available to consumers throughout the UK.
Mr Sheen has raised concerns about the functioning of the government’s Universal Credit benefit system and their impact on the finances of individuals and families nationwide.
He has also emphasised the point that people often get into debt for reasons beyond their control, such as if they need to borrow amounts of money to travel to a job interview or to cover the costs of essential purchases for their children.
It’s understood that the actor, who was born and brought up in South Wales, is investing a considerable amount of his own money in support of the End High Cost Credit Alliance and its work.
Explaining the reasons why he has become involved with the campaign to restrict high cost lending and make affordable credit more widely accessible, Mr Sheen said he has seen for himself the damage that debt problems can cause.
“It’s a really hard subject to talk about but I’ve had friends breaking down in tears talking about how it is affecting their relationship, their self-esteem, their children’s lives. It touches buttons about your own sense of dignity and pride.”
If you live anywhere in Scotland and you are struggling to cope with your personal debts then Scotland Debt Solutions can help. Contact us directly to arrange a FREE and confidential consultation.
Levels of unsecured debt in Scotland increased dramatically during 2022 as the cost of living crisis took its toll on household finances.
Close to half a million Scots are in a position of profound financial hardship, according to a new set of figures.
Disabled people in Scotland are being urged by the government to check whether they might be eligible for benefits that could help make their life a little easier.
Why Choose Us
5 Offices in Scotland
Ask us About
Helping Scots Get
Out of Debt Since 1989
We offer an
Instant Initial Consultation
We'll Help You
Lower Monthly Payments
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.
Our personalised debt report will help you better understand your financial position and see where your money is going.
Arrange a call with an expert advisor at a time to suit you or contact our team via WhatsApp for immediate help and advice.
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.