Debts & Loans

Huntingdonshire CAB is helping people get through the festive period without falling into debt by distributing pocket sized guides with handy tips.

Citizens Advice Bureaux always see a surge in new debt enquiries after the Christmas festivities are over. With national figures from Citizens Advice showing a year on year increase of 35 per cent in mortgage and secured loan arrears problems, it is particularly important that consumers are savvy shoppers this Christmas and prioritise their spending.



Huntingdonshire CAB is urging consumers not to forgo their mortgage payments in preference for festive expenses. The guides, drawn up with the support of Barclaycard, give 10 top tips to help people to avoid a financial headache in the New Year.

General manager at Huntingdonshire CAB Sue Tusting said: "Christmas is a time of giving, but you don't want to give yourself a headache in the New Year with bills and debts you can't afford. It's all too easy to overspend – there are tempting offers and pressures to buy, but you must decide how much you can afford before you start spending.

"If you do find yourself in difficulties then seek advice as soon as possible."

The free leaflets will be available in the bureau in All Saints Passage, in Huntingdon, and New Street in St Neots.