Media comment: ASA ruling

Published on:

Caroline Siarkiewicz, Chief Executive of the Money and Pensions Service.

“This latest ruling from the Advertising Standards Authority (ASA) is a welcome development for those who are struggling with debt. This type of advertising has the potential to refer people to a debt solution that may not be suitable for their circumstances and lead to further problems down the line.

“We know that people struggling to keep on top of bills and payments can often feel overwhelmed, and so it’s really important that people know that free impartial debt advice is available, and where they can find debt solutions that are right for them and tailored to their individual circumstances.

“Free debt advice can be life-changing – our research shows that 63% of people with debts are reducing or clearing them within three to six months after receiving free impartial debt advice. Anyone who is worried about their money situation can visit the Debt Advice Locator ToolOpens in a new window on our MoneyHelper website to find free high quality debt advice to help get back their finances back on track.”

– ENDS –

Media enquiries

For media enquiries please contact MaPS Press Office:

020 8132 5284Opens in a new window in a new window