If you’re struggling to make ends meet and thinking about taking out a loan, remember that there are lots of options to choose from that cost more than you can afford to repay.
Now more than ever, people might be finding their finances stretched and need support to get back on track. Whether you’re facing a sudden drop in income, unplanned expenses or benefit delays, it can be tempting to borrow money, at any cost, to make ends meet. But if you sign up for more than you can afford to repay, under terms that aren’t fair, you could easily end up worse off than before. Luckily, there are services across Doncaster and South Yorkshire to help you find fair credit or other practical help. Demos, the cross-party think tank and educational charity, is delivering the South Yorkshire Good Credit Project to help reduce the need for high-cost borrowing and raise awareness of more affordable options. The Good Credit Project is highlighting some of the free advice available to help you manage your money or deal with debt. While face-to-face contact is restricted during Covid-19, providers are generally offering other ways to get in touch so support is still accessible even if premises might not be.
Click on the link: https://goodcreditindex.co.uk/