Debt Counselling

Business, Legal & Accounting Glossary

Definition: Debt Counselling

Full Definition of Debt Counselling

Are you having difficulty managing your money?

You may be considering loan consolidation, taking out one loan to cover all your existing repayments.

Be careful you don’t end up even deeper in debt!

The interest rates and fees charged by consolidation loan providers can be much higher than those available from high street lenders.

Such loans may also come with onerous payment protection insurance.

If you’re starting to struggle, your first port of call should be one of a number of free advice services to help you manage your debts:

  • Consumer Credit Counselling Service 0800 138 1111 (8am-8pm Monday-Friday)
  • National Debtline 0808 8084000 (9am-9pm Monday-Friday, 9.30am-1pm Sat)
  • Citizens Advice Bureau (for advice or to find local bureau)

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Debt Counselling. Payroll & Accounting Heaven Ltd. September 21, 2021
Chicago Manual of Style (CMS):
Debt Counselling. Payroll & Accounting Heaven Ltd. (accessed: September 21, 2021).
American Psychological Association (APA):
Debt Counselling. Retrieved September 21, 2021, from website:

Definition Sources

Definitions for Debt Counselling are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 15th February, 2020 | 2 Views.