Pensioners 'need free debt advice'
Pensioners 'need free debt advice'
- Wednesday, 10 June 2009It is essential that elderly people are given access to free advice on debt, according to Citizens Advice.
The organisation explains that many pensioners are keen to learn more about issues relating to their mortgage, or schemes such as equity release.
However, with many such people living on fixed budgets,
free debt advice may be needed if they cannot afford an independent financial adviser who charges full rates.
Research conducted by Citizens Advice found that 85 per cent of elderly people who were given free advice on debt and other issues gained peace of mind through the process.
People of any age looking for similar peace of mind could find the
DebtFixers debt helpline to be one option.
The freephone
debt helpline number - 0800 707 6109 - allows individuals with unmanageable debt to speak to a
DebtFixers adviser about the ways they might be able to resolve their financial situation.
Recent Debt Management Plan News
56% of Brits have no life insurance which could leave family with debt problems
Wed, 04 May 2011More than half of UK adults currently have no life insurance cover, which could mean their loved ones are left with
debt problems when they die...
Brits thinking about retirement advised to seek debt advice
Tue, 03 May 2011Consumers considering their retirement options have been advised to seek professional advice, as they may end up with
debt problems in the future...
Brits planning to attend a wedding should start saving to avoid debt problems
Thu, 28 Apr 2011Consumers concerned about getting into
credit card debt to pay to attend a wedding may want to use their savings instead...
Couples planning their big day can avoid debt problems by negotiating a cheap wedding
Wed, 27 Apr 2011Couples-to-be worried about needing
debt advice in the future after paying for a wedding can ensure they avoid accruing
debt problems by negotiating a cheap wedding...