Problematic debt can have a negative effect on all aspects of your life. Financial problems won’t go away on their own but there are things you can do to resolve the situation.
Effects of problematic debt
The side effects of debt can be significant. People struggling with debt more often have poor concentration and are less productive at work.
Worrying about debt can make you ill and cause problems in your relationships with your partner, family or friends.
Being in debt is stressful. How do you plan for the future when you can’t pay your bills today?
It doesn’t have to be like this
Many people are ashamed of being in debt and bury their heads in the sand because they don’t know what to do to get themselves out of difficulty. It is important to understand that financial problems never go away on their own. On the contrary, they get worse.
That is why it is important to seek help. Speak to your lenders, go to independent debt advice charities for support or look online for advice and tips. Take the first step toward resolving your debt today.
Intrum is also here for you. We can help you work out your income and expenditure and set up a payment plan you can afford. If you need more support we can signpost you to independent organisations that can help.
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