We share a vision of better informed, educated and more confident citizens, able to take greater responsibility for their financial affairs

Higher Education Case Studies

Student with spiralling debts put on the road to recovery

I was constantly borrowing off other students and owed over £6,000 on credit cards, a bank overdraft, store cards, mobile phone and rent arrears. I had no income because my parents were no longer prepared to subsidise me. When I got my student loan I was shocked at how it had all disappeared in paying back my overdraft. Finally my flat mates persuaded me to get help from The Money Doctors.

I attended regular Money Doctors appointments to look at budgeting and cash flow. They helped me think about spending choices, buying only what I needed rather than wanted and looking for best value deals. They also encouraged me to find part time work as quickly as possible. I got a job in a superstore in Chiswick and despite the distance and unsociable hours, I was given a full-time position over the summer vacation.

I was very worried that I would have to leave university ad return home a failure but the Money Doctors' support helped me feel empowered and able to confront and deal with my debts.

Other case studies

Confronting debt at the final hurdle

Read Lisa's case study

Mature student struggles to support four children

Read Emma's case study

Tackling the anxiety of catalogue, mortgage and credit card debts

Read Tessa's case study

Undergraduate applies for several crisis loans

Read Dom's case study