Who Can You Turn To When You Are Struggling With Debt?
The subject of debt is on every body’s mind at the moment. Whether it is government debt or personal debts we are worried about, we are all affected to some degree or another.
If you were to go to your doctor suffering from a lack of food your doctor would advise you to eat more and might put you in touch with support groups who could help you with your problem but when you have debt problems you get very different responses.
If you find yourself short of money at the end of the month and a payment goes through that takes you over your credit limit or your agreed overdraft limit and what happens? Do the bank or credit company offer you help? No, they charge you an additional fee for the ’service’ they have provided you. They may then add further charges to your account for every day that you remain over and above your agreed limits.
When you are struggling with debt the last thing you need are additional costs yet that is the first thing the banks and credit card companies do to ‘help’ you.
Many of these banks have been helped out with billions of pounds of tax payers money to prevent them going bust and how do they show this appreciation for the life saving infusion of cash and keeping their jobs? They carry on as before treating their customers like a golden goose that can be sucked dry of money.
The government has pumped billions of pounds of taxpayers money into the banking industry but what have they done for the poor individuals who are struggling, often through no fault of their own? The banks were at fault and caused their own problems yet they had the government running around trying to give them money but what of the poor individual who has lost his job and is struggling to pay his bills?
Unfortunately it would seem that the government doesn’t consider you so important and they are unlikely to be offering you piles of money to prevent you going bust. There is something fundamentally wrong with a system like this isn’t there? Perhaps it isn’t just the banking industry that needs to change and we need to review what we value as important. In my opinion people should come first.
Related posts:
- Sack The Bankers And Clean Up The Debt Industry In my travels across the web today a couple...
- Proposed Changes To Credit Card Rules This week has seen the government introduce proposals to change...
- Has Quantitive Easing Helped Ordinary Families? The insolvency service have released figures for the third quarter...
Related posts brought to you by Yet Another Related Posts Plugin.
If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.
Comments
No comments yet.
Leave a comment