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Money Box

Coping with debt and accessing credit

Money Box

BBC

Business

4.2825 Ratings

🗓️ 22 April 2020

⏱️ 33 minutes

🧾️ Download transcript

Summary

Adam Shaw and guests talk to people struggling with bills and finding it hard to access credit. They offer practical advice about how to stay on top of your finances.

Guests: Richard Lane from StepChange and Sara Williams from Debt Camel.

Email: moneybox@bbc.co.uk

Producer: Ben Carter Editor: Emma Rippon

Transcript

Click on a timestamp to play from that location

0:00.0

In Northern Ireland, from the late 70s to the early 90s, the IRA killed over 40 alleged informers.

0:08.0

But the man who often found, tortured and sometimes killed these people on behalf of the IRA

0:12.0

was himself an informer, a secret British army agent with the codename Stakeknife.

0:18.0

Who gets to play God? And why me? Why my family? When lies are still being told to this day,

0:24.0

who do you believe? I wouldn't even know where to start and I'm with the IRA.

0:28.5

Steakknife. Listen first on BBC Sounds. BBC Sounds, music, radio, podcasts.

0:37.6

In today's Moneybox Live, we're looking at some of the big questions

0:40.9

around managing your money during the coronavirus epidemic

0:43.8

and in particular what to do about the debt you have

0:46.9

and the further loans and other help you might need.

0:50.3

Well, Kenny is one listener who's been affected and joins us on the line.

0:54.5

Welcome, Kenny.

0:55.5

What is it that you do and what are the problems you're facing?

0:59.2

Hi, I'm Kenny.

1:00.8

I'm a musician from Edinburgh.

1:03.0

I've had all my gigs both locally and abroad cancelled until at least October.

1:08.5

I'm not eligible for self-employment furloughinging. I'm not eligible for a self-employment furlaring.

1:12.2

I'm claiming universal credit,

1:14.5

but my first payment isn't due until May,

1:18.2

so I had to get in advance.

1:20.9

Like most people, I've got a mortgage,

1:23.0

council tax, IVA, insurance, energy bills to pay. So it is a really difficult time.

...

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