Dealing with debt

Debt is a major issue for many older people. This may be because of helping children and grandchildren financially, divorce or separation, or simply the rising cost of living, particularly in terms of food and energy costs.

For many people debt can be a cause of, or add to, terrible feelings of anxiety andTakeAStandLogo depression, ill health and family breakdown as people feel trapped, and affect lives very badly.

If you are in debt it’s very important not to ignore it. If you leave it, it will get worse. But you can get help – there is a lot of free support available both locally and further afield. With the right help you will be able to look at the following issues:

  • Which are the most important debts to pay (priority debts)
  • Whether you have any ‘debts’ that you shouldn’t be paying at all. (Perhaps you were pressurised into signing a loan agreement).
  • What could you afford to pay? (People you owe money to may have to accept a lot less than they are demanding).
  • How to make the most of any savings you have.
  • Whether you can raise money in any other way.

You don’t have to tackle debt alone – you can get help.

Debt – how to get help

You can get help and support to avoid or tackle debt.

Money advice

Leeds Money Information Centre
Helps people with money problems. Has details of all the organisations and charities across Leeds providing free and independent debt advice.

Leeds Money Buddies
Advice and support on personal money issues including debt, and utilities.Money Buddies Logo
Drop-in at Bramley Neighbourhood Housing Office (202 Town Street, Bramley, LS13 2EP) 12.00-3.00 on Wednesdays

Leeds Citizens’ Advice Bureau (CAB)LeedsCABLogo
0844 477 4788

Join a credit union

A credit union is a very good way of saving money and being able to get a loan at a fair rate of interest.

Bramley Credit UnionBramleyCreditUnionLogo
0797 649 2945

Leeds City Credit Union
0113 242 3343


The following all offer free, confidential advice. You can also find them online.

National Debtline
0808 808 4000

StepChange Debt Charity
0800 138 1111

Money Advice Service
0300 500 5000

Debt Advice Foundation
0800 043 4050

West Leeds Debt Forum

Formed in 2004, the Forum actively supports the development of local sources of credit and advice, and campaigns against loans sharks and illegal lending. The Forum is run by volunteers.