Dealing with Debts in the New Year

Are you struggling with debt and feel like there’s no end in sight? Then make 2022 the year you begin the journey to becoming debt free. If you need help & support managing your finances, then the University’s Money Advice Service is here to help.

You can book an appointment via firstpoint or find advice on our webpages at

Dealing With Debts

Don’t Ignore Debts – if you are experiencing problems paying a bill, don’t ignore it – get in touch with the creditor. You may be able to negotiate smaller payments.

Priority Debts include Rent, Council Tax, Utilities (Gas, Electricity and Water) etc. It is important to remember that when making payments, Priority Debts come first.

Non-Priority Debts include credit cards, catalogue debts, loans, store cards etc. These can be dealt with by seeking debt management assistance from free agencies – see below.

Free Debt Advice Agencies

If you are struggling to manage your debts you may wish to contact a free debt advice agency who will look at your financial situation and recommend the best debt solution to suit you. They may also help you negotiate a more affordable repayment plan with your creditors. Free debt advice agencies include:

Citizens Advice Bureau

National Debtline


Never pay for Debt Advice!

There are several companies who offer FREE advice and support as above. However, watch out for the companies who offer free advice, but charge you high fees for setting up and administering your debt management plan.

Managing your Finances

Find help on budgeting and ideas on how to boost your income at

You may also be able to apply to the Access to Learning Fund