In today’s Britain, it is commonly accepted that every man and his dog has financial worries. Personal debt increases at a rate of £1 million every 4 minutes, according to Credit Action,  and it is clear that people from all walks of life are being affected by debt and money issues.

Financial experts have noted that more and more professional, financially astute people are seeking assistance in managing their debts.

Michael Montague, a mortgage and debt advisor, said “Recently we’ve had evidence that debt is moving up the social ladder and affecting a great deal more people.”

“Historically, it’s been mainly blue collar workers struggling with their debts; now we’re seeing a lot more white collar workers with problems. In the last few months we’ve helped a vicar, an owner of a sports shop, a chemistry lecturer and even the head teacher of a private school.”

“The type of client you now see in front of you is normally very professional and forward thinking. They haven’t buried their head in the sand whilst bailiffs knock at the door, they know that they have financial problems and that if they continue, things are going to get worse. They’re bright enough to know when their clean credit history is being affected and they’re pro active in coming forward.”