Help with debt

We know that talking about debt can feel scary. But you're not alone, and we’re here to help.

Our Income Team can support you with:

  • Making a budget that works for you
  • Finding ways to increase your income
  • Creating a simple money plan to see what you can afford to pay
  • Putting you in touch with free and trusted debt advice services (see the links on this page)

Thinking about a doorstep loan?

If you're short on money, a doorstep loan might seem like your only choice, especially if your credit score is low. But these loans often come with very high interest rates, sometimes up to 1,500%.

Doorstep lenders should be registered with the Financial Services Register. They must explain how the loan works, how much you’ll pay back, and what happens if you miss a payment.

Before you take out a loan, please speak to our Financial Inclusion Team. Call  0344 736 0066  or email  info@regenda.org.uk. We may be able to help you get extra benefits or grants.

Worried about loan sharks?

Loan sharks are illegal lenders. They charge very high interest and may use threats or violence if you can’t pay. They often don’t give you any paperwork and won’t tell you how much you owe. Some even stop you from paying off the loan.

To check if a lender is legal, visit the Financial Conduct Authority website (this will take you to a new page).

If you're thinking about borrowing from a loan shark, please call our Financial Inclusion Team straight away on  0344 736 0066. We’ll help you find a safer way.

How Regenda Homes Can Help

If you're worried about debt, please contact us and ask to speak to our Income Team. We’re here to listen and help. Find out you can get in touch here.