MANCHESTER, England, Nov. 9, 2010 /PRNewswire/ -- Debt management advisors at MoneySolve believe that personal debt remains something of a social stigma and that this, in turn, could cause people to try and ignore the issue. The advisors, who assist a large number of consumers who are struggling with personal debts commented that;
"As a society, we tend to be fairly closed off when it comes to discussing debt or debt management. We have a sense of embarrassment if we're struggling to balance our bank accounts."
The debt advisors from MoneySolve believe this contributes to the growing problem in many ways, adding that;
"There are so many people in the UK who now struggle with debt that it seems somewhat unbelievable that we still struggle to talk about it. This really doesn't help. When people feel embarrassed to talk about something, there is a reluctance to accept there is a problem there that must be dealt with. And one thing you can guarantee with debts is that the longer they are ignored, the worse the problems will become. What we should be doing as a society is stamping out the taboo and social stigma of debt. There's no shame in having financial problems – everyone has difficulty balancing their books from time to time."
If you are concerned or worried about spiralling personal debts, contact MoneySolve for free, professional and confidential advice on 0800 040 7064 or visit www.moneysolvedebtmanagement.co.uk.
SOURCE MoneySolve
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