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Licensed under the Consumer Credit Act
Single Parents Debt - Single Parent with Debts
- Find help with Single Parent Debt.
- We help and advise single parents with personal debt problems.
- Single parent debt is on the increase in England, Scotland, Wales and Northern Ireland.
Putting an end to personal debt means tackling the causes. Lewis Alexander offers debt help, debt management, IVA advice and bankruptcy information for single parents on how to clear personal debts.
How widespread has single parent debt become?
- Three quarters of single parents are using credit to manage their finances leading to an inevitable reliance on debt.
- Approximately 40% of a single parent survey said they were "always in debt", compared with only 28% of couples.
- Single parents were twice as likely as couples to have arrears on household or consumer credit bills.
- Many single parents are forced to borrow from doorstep lenders and catalogues.
- Almost half of single parents owe money on household bills.
- More than one-quarter of single parents do not have a UK bank account. This means many single parent families miss out on direct debit savings.
- Single parents are also more likely to have longstanding debts than two-parent families.
How do I get out of this debt cycle?
- Submit your details online or call our free single parent debt helpline now on 0800 018 6868 and one of our trained debt advisors will call you back at your convenience.
- This is a no obligation, confidential service.
Help and advice for Single Parent families dealing with debt problems from Lewis Alexander.