Dealing with Debt

 

Nobody likes talking about money worries, but if you find things slipping out of control – maybe you’re struggling to manage your bills each month or need help with budgeting – speaking to someone who understands and can advise you how to get back on a secure footing can lift a huge weight from your shoulders.

If you are seeking free, confidential and impartial advice on debt problems, you could use the links on the right to contact a variety of not-for-profit organisations.

 

Warning Signs

 

Being in debt can be a stressful experience but recognising the warning signs and knowing where to find a solution can help ease the strain. As a first step, ask yourself if any of the following apply to you:

 

• Do you seem to spend more than you have coming in each month?

• Do you find difficulty in sleeping with worry?

• Do you have increased tension with your spouse or partner, arguing over money issues?

• Do you fear your property may be repossessed?

• Do you ignore bank or credit card statements?

• Do you regularly ask family and friends for loans to help out?

 

If the answer to one or more of these questions is ‘yes’, it’s worth starting to think about taking back control of your finances. It’s important to remember you are not alone and that impartial, tailored financial help and information is out there.

 

Struggling With Loan Payments?

 

As a member of the NHS Credit Union, we understand that your financial circumstances can change. Should this happen and you consider yourself to be struggling financially with repaying a loan to us, the sooner you get in touch, the quicker we can try to help you.

 

If you are struggling or falling behind with your repayments, we will give you respect and treat you as an individual. We will act sympathetically to your situation, and try to find you the best solution. We will tailor and document a clear solution, so that you can make an informed decision.

 

However, while we will try to find solutions for you, we cannot advise you on the course of action that you should take.

 

Other Support Available

 

Money Advice Team

 

A major imitative has launched in Scotland to help improve the nations financial health, and the NHS Credit Union is keen to play its part achieving this goal.

We already play a big part in encouraging our members to develop a savings habit, but another key element to financial well-being is being aware of the options out there for us all – and how best to manage money. The Money Advice Team delivers workshops to schools , colleges and workplace on various financial topics with the aim of helping people manage their money, understand financial topics with the aim of helping people better manage their money, understand financial products and build financial resilience.

 

Family Support

 

The NHS Greater Glasgow & Clyde offer a family support for patients, carers, family members and staff. Here, a confidential environment is provided for questions and support on any matter that may be important to you or your family.