On This Morning!
Debtwizard Facebook Debtwizard Twitter

Call 03339 870 180  
Monday to Thursday: 9.00am - 8.00pm, Friday 9.00am - 5.30pm

Simple debt advice - with no up-front costs

BBC Essex - Drivetime with Dave Monk 16/5/18 - Listen again

Wednesday, 16th May 2018

Mike Thomas

Mike Thomas (aka DebtWizard) was in the BBC Essex studio with Dave Monk talking about the first National Numeracy Day introduced to raise awareness on how important maths skills are in every day life. A recent survey showed almost two fifths of the 11,000 consumers spoken to found everyday tasks that involve maths stressful and confusing.

Mike explains how poor maths skills can impact on your debts and gives just an example when making only minimum payments on credit card debts, it's shocking! Then Mike mentions how one police officer he helped didn't know how much he owed and was out by at least £15,000. Next up is compound interest and how one client went bankrupt with £36,000 of credit card debt only to receive £46,000 in Payment Protection Insurance (PPI), Mike explains how he lost the lot.

How to listen

Now no longer on the BBC iPlayer.

Are you in debt but don't know where to start?

If this is you then we offer information on what to do when you have a debt issue, who to contact for help, how to take control of your situation, what to say to your lenders / debt collectors and that importantly how not to pay thousands of pounds in fees.

You can see the full five point guide here In debt? Don't know where to start?

Where to get 'not for profit and free debt advice

If you need more information on how to best manage your debts then look at our list of the 'not for profit and free' free debt help / advice agencies, they will not charge you fees for debt options.

More radio shows

Listen to more radio shows here DebtWizard radio shows



For no nonsense advice just submit the short form and Mike or one of his team will get back to you.

Unsecured debt

--Debt Amount--

Home owner

Yes No

No. of creditors


Current payments

£0 - £25

Affordable payments

£0 - £25



Email Address

Phone Number


Yes No Can we leave a voicemail

Yes No Can we contact you via SMS

Yes No Can we contact you via email

Best time to call


Please note: If you continue you are agreeing to our privacy policy, available here.