The charity organisation Christians Against Poverty (CAP) is urging anyone who struggling with personal debt problems this winter to get help sooner rather than later.
CAP has said it fears many people will delay the process of seeking debt advice and leave themselves in more difficulty for longer as a consequence.
The charity has launched a campaign it is calling ‘Don’t Wait for Debt Help’, which it hopes will encourage people facing debt-related difficulties to reach out for third party support in resolving the most pressing of their financial problems.
“We know that because of the pandemic, many people are experiencing debt for the first time and for others debts are growing, but CAP is here to help,” said Helen Webb, CAP’s national external partnerships manager.
“So many people are experiencing financial worries right now, so you’re not alone in your struggle,” she added.
“You won’t be judged in any way. Help is available to support you through this difficult time and into a brighter future.”
Ms Webb went on to say that getting help with debt problems as early as possible can make a big difference to people in terms of delivering positive, more sustainable outcomes.
CAP itself provides support and counselling to people with problem debts and these issues have been worsening for millions of households across the UK during 2020 as the Covid-19 pandemic has taken its toll.
While many people have been able to take advantage of debt repayment holidays and the government’s furlough scheme because of the virus crisis, many others have seen their incomes dimmish sharply and their debt situations deteriorate.
According to the CAP, around 60 per cent of all the people it helps in relation to debt problems have waited more than a year before reaching out for advice.
The charity has warned that young people are particularly unlikely to ask for debt advice, despite younger generations in general having been hit very badly by the virus crisis from an employment perspective.
But regardless of age or circumstance, the message from the CAP is that anyone currently struggling to cope with their personal debt pressures should seek out third party support as urgently as possible.
Unusually high rates of inflation are threatening to sweep many more Scots into problem debt situations and serious financial difficulties.
People with debt problems in Scotland are being urged not to struggle with their issues alone and to reach out for help and support if they need it.
Our Scottish based team can help advise you on your debt problems.