Want to see a money adviser?
Money Advice Service
All students, home and international, who have worries over their money, can make an appointment to see our Money Adviser. Please contact Students 1st on +44 (0)23 8031 9427 for further information.
Do you need to see the money adviser?
Do you:
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borrow more money to pay your debts?
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have no idea where your money goes?
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get letters from collection agencies?
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skimp on essentials like food because you need to pay your credit card bill?
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panic every time the post arrives?
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regularly have to ask your friends/family to lend you money?
If you have answered YES to any of the above, or are worried about debts you've already got, managing your money or trying to avoid debt, please come and see our money adviser.
What will happen when you see them?
They will identify:
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who you owe money to (creditors)
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how much you owe.
When you and the adviser have agreed an action plan, they may:
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prepare a financial statement/budget to suit your needs
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produce a repayment schedule and offer this to all your creditors
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negotiate directly with your creditors on your behalf.
Will this affect my credit rating?
Not everyone will need to follow this system; it depends on each individual's situation.
If you do have to do this, your credit rating may be affected, but not as much as regularly defaulting on payments or embarking on a spiral of debt that gets out of control. Working to clear your debt will eventually improve your credit rating. It will also help to bring down your stress levels and put the problem into perspective.
Remember
The money adviser will only act for you if you want them to. They will not criticise or judge you. Their aim is to work with you to tackle your debt, putting you back in control.
Disclaimer
Every effort has been made to ensure that the information contained on these sites is correct. However, Southampton Solent University cannot accept responsibility for situations, events or circumstances arising out of any individuals acting on information contained therein.