Some bills are more important than others. Which bills to pay first?
The charity Stepchange can also help if you are worried about your finances or current debt solution.
This comprehensive advice and guidance page from the Money Advice Service covers all aspects of how the Coronavirus might affect your financial situation and all the support measures available to you.
For advice on claiming benefits click here. Check this page regularly as it will continue to be updated with the arrangements the Department for Work and Pensions is making to support those who are affected by coronavirus.
Here is a comprehensive online benefits calculator and grant checker from financial support charity TURN2US.
Priority bills need to be paid first. Not doing so can have serious consequences like being evicted if you don’t pay your rent or facing a large fine if you don’t pay your TV licence.
The most important bills to pay first are:
If you cannot pay money you owe to any of these organisations you need to let them know immediately.
Are you behind with other money that you owe, such as a hire purchase or an outstanding doorstep loan? If so, you may feel pressured to pay these before your priority bills, especially if they send letters that sound more threatening or if they knock on your door. You should, however, continue to pay your priority bills first.
Do get help with your other debts as soon as you can – if you cannot pay money that you owe there will be a solution and an experienced money advisor can help you with this.
Look at our section on Help with Debts or give us a ring – don’t delay – once you are in debt it can quickly become very stressful and you don’t need to try and solve this on your own.
Contact us now on 0800 6300 443
If you owe money to a Loan Shark get help immediately. A loan shark is an unlicensed money lender – they often charge very high interest rates and can be very threatening and difficult. Help is available to anyone who has been the victim of a Loan Shark. It’s free, confidential and can give you any protection and support you may need.
If you work in horseracing and need support with your finances, we can provide you with 24 hour support and give you the guidance you need.
Racing Welfare’s 24 hour support line enables people to access support and
guidance through digital and telephone options.