Debt advice that may leave you owing even more money

Image source, Getty ImagesByKevin PeacheyCost of living correspondentPublished4 hours agoAn increasing number of people are missing credit card repayments as finances are stretched by rising bills.

Lenders have told the Bank of England they expect the number of unpaid credit card debts to keep going up this autumn.

This could lead to more demand for advice on how to deal with debts – but, if you are struggling and need help, there are some traps to avoid.

And it is worth remembering that impartial advice is available free of charge from debt charities. So here's what to think about.

If you find yourself with money troubles, it can be tempting to seize any opportunity to get things back on track.

Social media and internet search pages are full of supposed quick-fix debt solutions. Cold calls and WhatsApp messages also promise debt help.

But they may well come with upfront fees, unrealistic claims about writing off debt, and pressure to make a quick decision.

Impartial, authorised debt advice comes free. You can find a provider on the government-backed Moneyhelper website, external

Check whether a firm offering debt help is authorised by the regulator, the Financial Conduct Authority (FCA). You should cross-check the authorisation details they give with the FCA's register, external

Anyone unhappy with the service from an authorised firm can complain and, if you are still not happy, go to the independent Financial Ombudsman Service.

Alison Walters, director of consumer finance at the FCA, said: "Anyone struggling with debt deserves advice that puts their interests first.

"Free, impartial debt advice is available to everyone, and no one should be pressured or misled into paying for a debt solution that may not be right for them."