Debt Advice TV | Advice on the Nature of Personal Debt in UK HD

https://www.debtadvicetv.com In this video Darran Hughes interviews Licensed Insolvency Practitioner Melanie Giles. The topic explores the nature and size of the personal debt problem in the United Kingdom. The changing population and economy is seeing a new type of debtor, including parents borrowing in later life to help their children onto the property ladder; and an increasing pensioner base carrying historical borrowing with a reduction in income once they finish work. She explains there is a difference between those with a debt management problem (which may be solved with better planning), and those with a debt problem. It being easier to provide debt advice and solutions at the earlier debt management stage before the problem worsens. Seeking debt advice and help at an early stage is paramount in ensuring the outcome is more favorable. Finally, Darran explains how you can get access to DebtAdviceTV.com which covers the whole United Kingdom with its Head Offices is Cardiff.