Scottish Residents Will Have Financial Issues in January and February Monday 2 March 2015 PDF Print For anyone dreading the arrival of their first credit card bill this month, then now is the time they should act. Excessive spending over Christmas time has left more people exposed to financial problems according to a survey and the number of phone calls dialled to National Debtline compared to 2013. Trust Deed Scotland, a free provider of debt advice, comment on these worrying forecasts. The notion of spending big at Christmas is set to hit Scots hard with the Money Advice Trust expecting to be increasingly busy during January and February. Research revealed that one-third of Britons had to either borrow money or sort out a loan to pay for their expenditure during the festive season. Boxing Day saw the number of calls to National Debtline staff triple at the same stage compared with 2013, highlighting the increasing problem of debt throughout Britain. One per cent of those calling disclosed that they were almost certain to get professional advice on how to manage their arrears. The chief executive of Money Advice Trust’s said: “For anyone dreading the arrival of their first credit card bill this month, then now is the time they should act. They need to set a budget of how much they have coming in and how much they need to spend every month and then they need to open all of their statements to calculate how much they owe.” Another way Scots and other UK residents can combat their financial problems is by taking a trust deed which can be effective at solving unaffordable debt levels. These reduce your monthly debt payments so they are more affordable. A spokesperson for Trust Deed Scotland released the following statement. They said: “While the problem of debt does not look like decreasing in the near future, we have a well organised team that can solve your money troubles. We do not charge for expert advice because our only motivation is to help people get out of the stressful mental and financial period that debt brings. “Leaving this problem should not be an option, we can quickly think of a solution that is realistic for our clients, who get a new lease of life after calling us.” Trust Deed Scotland Ltd is a leading debt advisory service for Scottish residents. They are 100% owned and operated in Scotland, with a 98% trustpilot rating owing to their free, qualified debt advice. They are able to advise on the suitability of Trust Deeds and a number of alternatives, including The Debt Arrangement Scheme, Debt consolidation and Sequestration. This press release was distributed by ResponseSource Press Release Wire on behalf of Trust Deed Scotland in the following categories: Personal Finance, Business & Finance, Retail & Fashion, for more information visit http://pressreleasewire.responsesource.com/about.