The Common Financial Statement (CFS) is a budgeting tool, used widely across the UK as the most realistic and reasonable method of fixing an individual’s expenditure.
CFS figures are prepared by the Money Advice Trust following extensive research into the cost of living in the UK.
The CFS must be used in all statutory Scottish debt solutions such as a Trust Deed to calculate an individual’s expenditure.
If you are struggling to cope with rising day-to-day costs, you are not alone. Get in touch today to find out more about what your options may look like for repaying your unaffordable debt.