Credit can be a useful tool to help you spread costs. But if you find you’re not meeting loan or credit card repayments or are using credit to pay for essential items like food, you need to take action.
These steps will help if you’re overloaded with credit from different sources, such as credit cards, loans, overdrafts and short-term credit products such as Buy Now Pay Later (BNPL), or you’re considering borrowing money from friends or family.