Debt Health Check from the FSA

[This isn't the place to put this (as everyone here should already know they've got a debt problem to manage), but couldn't find anywhere else to post it. Please move it to wherever you think appropriate]

A new debt health tool jointly developed by the FSA, BBC and Experian:
http://www.fsa.gov.uk/consumer/debt_test/

Comments

  • bluekp
    bluekp Posts: 439 Forumite
    Thanks for this post - I've given it a go and it says I haven't got too much to worry about but should make sure I review my finances regularly - excellent advice!

    Thanks again :T
    Debt at Highest: £11,630.10 (May 2006) Debt now: £0.00 !!!!
    Married to the man of my dreams :A - Sat 2nd June 2007
  • micheleen
    micheleen Posts: 1,635 Forumite
    1,000 Posts Combo Breaker
    It's complete rubbish, I said I'm a homeowner with no mortgage and no credit repayments but with lots of money left over each month.
    'I may want to review my borrowing before taking on any more loans'
    I didn't have any borrowing (no repayments).
    Who thought up this simplistic crap ?
    :j The £2 CSC = £48 in carton
    £100 banked Mar 06
    V-Free : 4 weeks :)
  • Alleycat
    Alleycat Posts: 4,601 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Have to admit it was slightly off the mark with me as well. They said we were spiralling out of control or something, whereas although we have debts, we have a handle on them and are making overpayments as we can now afford to!
    "I've fallen down a hole" - said in best Monty Python voice-over.
  • fagun
    fagun Posts: 411 Forumite
    Oh dear - why don't you send some feedback on the tool to the FSA. If it doesn't work they'd love to hear from you.
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