|
|
|
Debt arising from Single Parenthood | single parent in debt | clear debts |
Debt arising from Single Parenthood is very common. If you need advice on debt arising from single parenthood please call 0800 074 6918 or complete the form on the left hand side of the page.Being a single parent or single parenthood brings extra costs and expenses. There are often financial pressures, which can make paying bills and getting into debt an unpleasant reality. Debt arising from single parenthood can occur due to the lack of financial support from a 3rd part or partner. To stay out of debt, as a single parent please note thet following advice:- Notes on debt arising from single parenthoodPlease do not buy goods on credit unless you can pay for them within a short period The UK governent provides many benefits in addition to child benefit. Make sure you are climing all you are entitled to. Make sure you keep an eye on all the expenses and do not rely on an overdraft. Try and save money in an ISA or savings account. It all adds up. Try and cut down on expenditure by buying cheaper brands or budget lines in supermarkets.There are 1.8 million single-parent families in Britain and they care for nearly 3 million children. A large amout of them are in debt. About nine out of ten lone parents are women. The median age for a lone parent is 35, and at any one time only 3 per cent of lone mothers are teenagers. Single parenthood is now often a stage in the life-cycle, lasting on average around five years. Single parents from black or minority ethnic communities make up 12 per cent of all lone parents compared to 7.9 per cent of the UK’s population. Debt is a common factor across the board. E-insolvency offer a confidential debt advice service that can help people in single parenthood manage debt problems by calling 0800 074 6918 or completing the form on the left hand side of the site.
|
|