Sentence examples for debt advice services from inspiring English sources
The Guardian's website has a factsheet on debt advice services.
Elsewhere, Darling has announced a welcome £15m of funding for debt advice services.
It's crucial that anyone who finds themselves struggling with debt seeks advice as soon as they can, but some of the debt advice services advertised online or recommended by lenders charge fees for their services.
It is mobilising church-goers to join up and is promoting debt advice services and money skills courses, with plans in place to launch a network of credit union-run savings clubs in primary schools connected to the church.
"The FCA must also ensure the new levy collected from payday lenders is used to provide more resources for the stretched debt advice services that are resolving the growing problems created by the sector," he added.
Many of the approaches described in the report have good rates of return on investment, ranging from a £84 return for school-based social and emotional learning programmes, to a £4 return for debt advice services.
Most universities and colleges now offer some form of face-to-face debt advice service as well as an out-of-hours phoneline, thanks to the Association of Student Money Advisers.
Now, in addition to offering meals, it provides a debt advice service and directs clients to health, benefits and employment services.
Joanne Hankey, director of the Bankruptcy Advisory Service, an independent debt advice service, said: 'If an individual has no assets and is in receipt of state benefit, we believe that an IVA is inappropriate.
As might be expected, they are mostly charities providing debt advice, family breakdown services, housing advice, and mental health advice.
"So we're proposing to put a levy on them that can be used to fund the expansion of credit unions, who need more capital to be able to lend, and also debt and money advice services to help people with their finances, because we are struggling with the cost of living in this country".
