DAF News

Charity Makes Debt Analysis Calculator Available Online

Debt Advice Foundation is now giving people the ability to calculate the true extent of their debt problems with a new downloadable Debt Analyser. By entering information about credit commitments and living costs, this unique tool automatically calculates what people can reasonably afford to pay back to their creditors each month as well as generating a Statement of Affairs and individual creditor letters should the user wish to negotiate directly with their creditors.

Debt Advice Foundation Charity Launches New Helpline

Registered UK charity, Debt Advice Foundation, which promotes research and education around debt issues, has launched a freephone hotline to help deal with the increasing demand for support from people struggling with debt and money worries - with a team of counsellors to provide speedy debt advice and practical support.

Money Diaries authors receive Young Citizens award

Ruth Gratton and Nicola Haresceugh, pupils at Southlands High School in Chorley, have won a Lancashire County Council Young Citizen Award for helping to educate thousands of youngsters throughout the region about managing their money.

Ruth and Nicola have written and illustrated two books in the Money Diaries series, which aims to explore key financial concepts, such as affordability and appropriateness of taking on debt, in a way that doesn’t feel like learning.

Education Minister Praises Charity’s New Education Initiative

The Rt Hon Ed Balls MP, Education Minister was full of praise for Debt Advice Foundation’s new financial education initiative, The Money Diaries, which was produced in partnership with Southlands High School, Chorley. He said that the book was “ideal to give children an introduction into finance and handling money. It is beautifully presented, very well written and informative.”

Chorley School Girls Launch Educational Debt Book

A groundbreaking initiative launched by Debt Advice Foundation and Southlands High School, has resulted in two Southlands pupils, Ruth Gratton age 15 and Nicola Harescough age 16 becoming published authors.

The Debt Advice Foundation approached Brian Souter, Deputy Head Teacher of Southlands School, to ask if an educational tool could be developed by pupils to assist in teaching primary age children about sensible money management and a responsible approach to debt.