Housing advice

Dealing with debt and money worries

If you are struggling with your weekly or monthly payments, you may need to seek advice from a Money Adviser. They can help you prioritize creditors and attempt to negotiate a better repayment deal.

Your creditors are divided into two categories ‘Priority Creditors’ and ‘Non-Priority Creditors’.

Priority creditors are your essential living expenses:

  • Mortgage payments
  • Rent payments
  • Council Tax
  • Utilities
  • Secured loans
  • Fines

Non-Priority Creditors are:

  • Unsecured loans
  • Credit agreements (seek advice to type of agreement).
  • Mail order
  • Catalogues
  • Credit cards