Nine out of 10 debtline callers accomodated by lenders

National Debtline has revealed 90% of callers are benefiting from affordable negotiated payment arrangements with lenders.

National debt advice charity says an additional 83% of callers felt more knowledge, more in control of their finances so less likely to be in a similar situation.

Joanna Elson, chief executive of Debtline, will discuss debt management at the British Bankers Association today.

Elson says: “During these difficult times for both lenders and consumers, it is encouraging to see the positive and lasting difference that debt advice can make.

”The need for free and independent debt advice has never been greater and today’s conference illustrates the benefits of money advisers working closely with lenders to support those in financial difficulty.”