Money Doctor: Don't get mired in unnecessary debt

The Money Doctor, John Lowe, gives invaluable advice on debt and borrowing.

13th April, 2013
'If you are worried about your level of debt, there is help available, and all debt, no matter how bleak, is manageable.'

Neither a borrower nor a lender be - at least Shakespeare got it right. Debt comes in many forms. The trouble with the word 'debt' is that it has all sorts of negative connotations.

Many people believe that once they keep up to date with repayments then they are not in debt.

This isn't true. A debt is when you owe someone money. It could be:

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