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                                    Nicki Stewart of Money Return Ltd

                                    We sat down with Money Return Ltd's Nicki Stewart to find out a little bit more about the company and how they help people face up to their financial situations...

                                     1.   Firstly, what does MoneyReturn Ltd do?

                                    We help customers recover any money owing to them, save money on monthly outgoings and protect their future interests. Money Return looks at most areas of personal cost, both past and present, and reviews each one to maximise monthly savings and money recoverable from claims or available from grants. We do this by offering consumers a without obligation comprehensive money saving review in the comfort of their own home. 

                                    2.   What’s the best advice you can give to consumers to minimising the chances of them getting into debt?
                                    Review everything you do. There is always a more cost effective option available.
                                     
                                    3.   What do you find the most common cause of debt is? Biggest financial burden?
                                     
                                    The cost of living is going up and most of us are suffering from pay cuts, four day weeks or even redundancy. It is about unequal income versus expenditure.
                                     
                                    4.   What is the most unnecessary expense faced by consumers?
                                     
                                    Charges on PPI, charges on loans and credit cards and things like care home fees. People just aren’t aware of the protocol of hidden fees.
                                     
                                    5.   What is the most common reason for people getting into debt?
                                     
                                    It’s about income versus expenditure again. People are living as if they have the same salaries as they used to – there is still a commitment to pay bills.
                                     
                                    6.   How can people minimise their monthly costs?
                                     
                                    It is important to review everything and look at the policies. There is always a cheaper option.
                                     
                                    7.   With so many people in debt do you think more needs to be done to encourage people to take a better approach to managing their finances?
                                     
                                    Yes. No one wants to be in debt, but people don’t know where to turn. Money Return Ltd has panels of experts all over the country. Consumers need that knowledge because they don’t know where to start.
                                     
                                    8.   Do you think more people are facing up to their financial problems?
                                     
                                    Yes, I think more people are aware of the situation but people are stuck in a rut and they don’t know where to turn.
                                     
                                    9.    Do you expect the financial situation to improve in the coming months?
                                     
                                    No, not with the state of the economy the way it is. We need to take control of our own situation.

                                    More information can be found at www.moneyreturn.co.uk







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