Step Change Debt Charity Reviews & In-depth Info 2022
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One of the most well-known debt charities in the UK is StepChange. The charity is often recommended by Martin Lewis, one of the most iconic money advisors on our screens.
In this post, we will cast our magnifying glass over the Step Change debt solutions to help you decide if you should use them.
Read on to uncover more, including Step Change debt charity reviews and FAQs.
Who Are StepChange UK?
StepChange UK is a debt charity that provides free debt support and advice to anyone who lives in the UK and is struggling with debt. Last year alone, Step Change claim to have helped over 600,000 people struggling with their finances. They welcome debtors to get in touch and discuss their problem with professional advisors, who can then help them with their budgeting and recommend the most suitable and advantageous debt solution to get out of debt.
Step Change is funded through donations from the UK Government, banks and individuals, and the charity is regulated by debt industry groups.
Don’t worry, here’s what to do!
There are several debt solutions in the UK that can be used to improve your finances. Choosing the right way to tackle your debt could save you time and money, but the wrong one could cause even more harm.
It’s always best to find out about all your options from a professional before you take action.
Fill out the 5 step form to get started.
What Debt Services Do Step Change Offer?
Step Change offer more services than the average UK debt charity. Whereas most charities can only offer debt advice, Step Change go the extra mile and offer:
- Free debt advice
- Debt Management Plans
- Individual Voluntary Arrangement (IVA)
- Debt Relief Order
- Bankruptcy advice
- Scottish debt solutions (see our Step Change Scotland review for details)
A Debt Management Plan is one of the popular services at Step Change. These are agreements between yourself and your creditors (via Step Change) to pay a fixed amount each month.
Often, the creditors agree to halt interest on your debt as long as you keep up with the repayments.
The only drawback to a Debt Management Plan is that creditors can change their mind because they are not legally binding. The better news is that Step Change can try to get you a Debt Management Plan and it won’t cost you anything!
Feeling like Chandler?
Is all this information starting to feel overwhelming? Don’t panic! There’s plenty of help available. You can get started below.
Step Change Debt Charity Reviews
StepChange debt charity reviews are mostly outstanding, especially on Trustpilot. Online you can find lots of excellent reviews on Step Change, such as: Yes
“Stepchange have been brilliant all the way through. They have been helping myself for 3 Years now. Everyone you speak to, has the knowledge and shows great empathy towards your situation.”[Trustpilot]
But everyone has their critics…
“At first everything was good, then it went downhill. I called them to make a change to my DMP I never received the email review. I’ve tried calling, engaged for 3 days really?“[Trustpilot]
Your Step Change Questions Answered…
Below you can find the most common questions people want to ask when thinking about contacting Step Change UK:
Contact Step Change
StepChange Debt Charity