Debt help

WORKING FAMILIES STILL IN POVERTY

lan Milburn, the government’s social mobility tsar has warned that working parents “simply do not earn enough to escape poverty”.

Milburn’s ‘State of the Nation’ report found that two-thirds of poor children come from families where an adult works.

He added that many low and middle income children face being “worse off” than their parents because of falling earnings and rising prices.

The former Labour health secretary suggested that benefits, which are currently protected from cuts such as free TV licenses and winter fuel allowances for pensioners could soon becomes means tested.

The latest poverty figures released by the government show that the median household income for 2011/2012 was £427 a week.

In that year, 17% (2.3 million) of children were classed as being in poverty while 15% (5.6 million) of working-age adults were in poverty.

With so many people struggling to make ends meet, it’s not surprising that people get into difficulty with debt. With high-interest payday loans coming more prevalent, it’s too easy to use one to try and make it to the end of the month.

If you’re struggling with payday loans or other kinds of debts, you should be aware that there options are available to you including the new Protocol Compliant Debt Management plan which was rolled out on 1 October 2013. The Debt Advisor is one of only 5 companies that have been so far been approved to undertake these plans.

Call today on 0800 0851 825 to speak with one of our advisors. If you’re calling from a mobile, you can reach us on 0161 868 2500. Alternatively you can fill in the contact form at the top of the page and we’ll call you.

The Debt Advisor is regulated by both DEMSA and DRF and adheres to their codes and standards as well as the new Protocol Compliant Debt Management Guidelines.

WORKING FAMILIES STILL IN POVERTY

Do you need help?

Specialist advisors are available who can advise you on the most appropiate solution to bring you relief from debt

More Posts From The Debt Advisor

CREDITOR ACTION – WHERE ARE WE UP TO?
Beverley Budsworth – The Debt Advisor FCA regulated Debt Solution Provider Judgments increasing against consumers Judgments in first quarter of...
Debt Relief Order changes – more people will qualify
The criteria to qualify for a Debt Relief Order “DRO” changes on 29 June 2021.  This will mean that around...
Mental Health – How to help yourself recover “Post Pandemic”
Mental Health - How to help yourself recover “Post Pandemic” PPSD* (post-pandemic stress disorder) Not (yet) an official term but...
Breathing Space debt respite scheme
What is Breathing Space? From May 4th 2021 new legislation will be brought into place to allow approved debt advisers...
How to improve my Credit Score?
Within the UK there are 3 main credit reference agencies, TransUnion, Equifax and Experian. All 3 work with banks, building...

We are proud of our 5* TrustPilot customer reviews

We are proud of our 5* TrustPilot customer reviews

The Debt Advisor Accreditations

There is an alternative free-to-consumer debt services from the Money Helper.

The Debt Advisor Accreditations

There are alternative free-to-consumer debt services from the Money Helper.

We’re ready to help with any debt problems

Social media

The Debt Advisor has a long and rich history of helping people and companies get past their debt problems. We welcome people to get acquainted with our company, history, team and to listen to the stories from the people we have helped.

Alternative free-to-consumer debt services are available from the Money Helper website.

Customer Support

18-22 Lloyd Street, Manchester, M2 5WA

Monday to Thursday: 9:00 am – 7:30 pm
Friday: 9:00 am – 3:30 pm

Company Registration: 06248441 | The Debt Advisor Limited is Authorised and regulated by the Financial Conduct Authority Reg No: 659920.

All debt solutions should be very carefully considered. Please note, if you are struggling with debt issues and need advice on your options, we’ll take a look at your financial situation and explain the available options. If it is appropriate to refer you to one of our trusted providers for a solution, we may get a fee for introducing you, or for the preparatory work we complete. Fees are payable if ongoing services are provided.

Copyright © 2022  The Debt Advisor | Privacy Policy | Cookie Policy | Complaints | Careers