Natwest to offer advice to those in debt - Loans - News - Moneyfacts


Natwest to offer advice to those in debt

Natwest to offer advice to those in debt

Category: Loans

Updated: 04/12/2009
First Published: 12/12/2008

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Those facing financial difficulty as a result of unsecured loans and credit cards are to be offered a new service by NatWest.

As of today, the bank is extending its impartial counselling to customers of all banks and those without any account.

Customer service advisers have been trained by the Consumer Credit Counselling Service (CCCS) and guidance will not be linked to sales or endorsing financial products.

Chairman of the charity Malcolm Hurlston described the Natwest MoneySense initiative as "groundbreaking".

"For CCCS this is an important first step in broadening our reach from helping Britons in debt to helping people with the whole of their financial lives," he added.

Last week Citizens Advice and Barclaycard published tips on coping with financial difficulty during the Christmas period, after the former found that enquiries related to problems with secured loans and mortgages have risen by 35 per cent over the last year.

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

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