Debt first aid kit

So, what’s in the TRDG first aid kit? Anything we think you would need to treat a problem surrounding debt. This first aid kit will grow as we find new items to add. If there is something you think we're missing, you can always get in touch and let us know!

This is the first item in the kit. Bandages come in different shapes and sizes and can serve various purposes. The one you use depends on the injury. The same is true for debt and how to handle it.

Unsecured debts include credit cards, personal loans, overdrafts, payday loans, store cards, etc. Should you run into difficulty, you must understand the various debt resolution options available. From the Token Payment Method to Bankruptcy, we have broken down these options in their own section with no creditor or debt collector bias. Click here to go through them.

The second item is Mortgage Resolution Options. If not treated well, mortgage payment difficulties can leave a lasting scar. It’s okay though; we have the medication to treat the issue. Get yourself familiar with the articles in the section below. You may never need to use the articles yourself, but you never know when you might need to be someone else’s first aider.

The third item in our treatment box is car finance resolution. Having your car repossessed is one thing, but the damage left after needs to be treated carefully. This is a tricky one to treat, but we’ve got you covered. We’ve also added something extra so you don’t come back with the same problem again. We don’t want you reopening the same wound!

Select the incorrect treatment in this area, and you may likely worsen the situation. If you ever meet debt collectors or bailiffs, you’ll be glad to have this part in your arsenal. Television has done a good job of instilling fear into people concerning debt collectors and bailiffs. We’ve cut out the sensationalist view of these subjects and stuck to facts as always. Familiarise yourself with how to handle both parties using our articles below

We’re not about suffering in silence, nor should you be. You think you’ve been hurt, but you’re not sure. We’ve got a list of symptoms that constitute harassment by financial businesses and, as you would expect, tips on how to treat them. These two articles below are your go-to place if you feel you’ve been mistreated by any financial businesses (banks, lenders, debt collectors, insurance companies, etc).

When you hear the term “guarantor” (related to borrowing), you need to head to this area of the kit. The article below will cover you if you’re considering becoming a guarantor for a loan. If you already are one or know someone who is, we got you covered too! Check out the second article in the purple box below.

Students and parents, this section is a total must for you. If you are thinking about or already in higher education, you should have heard about The Student Loan Company. If you cannot fund your tuition fees yourself, this is the company that most students go to borrow money from. Many students do not fully understand how borrowing from The Student Loan Company can affect them long-term. It’s okay; go to the treatment table, and we will give you the full lowdown in the articles below.

Like any first aid kit, items get refreshed as they expire. Our kit is no different. We will periodically refresh the information to ensure the right treatment is always available. The main thing for you is to ensure you keep up to date with the information we provide. You can do that by joining our newsletter, joining our community, or checking back here regularly. As we always say, never panic in an emergency. Don't forget to bookmark this page so you never lose it.