The Campaign for Fair Finance has stressed for individuals and families not to ignore outstanding bills and debts.
It has also reminded people that the Church is always available to offer advice and send people to the correct services.
Roger Gewolb, chairman of the Campaign told Premier: "The best answer always is pay the bills quickly and not to let them roll over amassing interest charges.
"But the world is not always a perfect place and sometimes people need loans to get themselves out of bother.
"If you find yourself in this situation, the advice is not to jump in with the first person offering you money, but to research and compare your options and look at all of the alternatives available before committing yourself.
"If you are worried about debt, never ignore the problem or try to forget it. Charities such as StepChange are also there to help If you're in trouble."
Advice for money matters:
* If you're able to pay credit cards in full by the due date in most cases you'll pay little or no interest
* If you have to spread it out, pay it ASAP - the quicker it's paid, the less it'll cost in interest
* Borrowing from your holiday or rainy day fund and paying yourself back is much better than paying interest to others
* Easy money is usually expensive money - pay day lenders and high street money shops tend to have very high interest rates
* Find out about your local credit union if you have one, or call the Church Credit Champions Network
* Research different rates before taking out a loan
Roger Gewolb recently spoke with the Archbishop of Canterbury, Justin Welby, about money matters.
He told Premier: "Archbishop Welby is unique, I don't think there's been a clergyman since Pope Benedict XVI, many, many centuries ago, who've had such an influence of financial markets - because he started out life as a senior executive of a major company he really knows quite a lot about business."
"The Archbishop likes to say he's got the biggest branch network in the country, with 15,000 parishes.
"And in all of those churches, in all of those parishes, the CCCN - the Church Credit Champions Network - is doing great work helping people sort out their debt and their finances."
Listen to Premier's Hannah Tooley speal to Roger Gewolb here:
