Today, YourFinances.co.uk launched the UK’s first free, voice-enabled AI debt support platform as the country faces a deepening debt crisis following the recent Budget announcement.
With record levels of financial strain, rising household debt, and growing vulnerability, the launch of this innovative platform is aimed at providing 24/7, confidential debt-support tools to millions of individuals who are struggling with rising arrears, reduced disposable income, and escalating financial stress.
The platform offers a range of tools, including the AI Debt Coach, Budget Analyzer, Legal Letter Generator, Budget Balancer, debt-to-income calculators, and for the first time, full voice-enabled debt support. This allows users to speak naturally to the system instead of typing, making it more accessible and user-friendly.
Since its soft launch, over 15,000 individuals have already used the platform, with more than £500 million in debt balances seeing interest paused or enforcement reduced after users generated FCA-aligned letters requesting support from lenders.
The launch of YourFinances.co.uk comes at a crucial time as research from the Money and Mental Health Policy Institute shows that people in problem debt are three times more likely to experience suicidal thoughts. In fact, more than 420,000 adults in England considered suicide in a single year due to debt pressure.
Richard Stringer, spokesperson for YourFinances.co.uk, stated, “Each new Budget places even greater pressure on families who were already struggling. We built YourFinances.co.uk so anyone can access free, confidential and practical support at the very moment they feel unable to cope — without judgement and without needing to talk to someone if they’re not ready.”
One of the most significant features of the platform is the AI Letter Generator, where users input their details, and the system produces a professional, FCA-aligned request for support. This has already proven to be effective, with lenders responding constructively and no user reporting a refusal so far.
Darren Fawkner, a user of YourFinances.co.uk, shared his testimonial, saying, “I was at breaking point after losing my job. The letter YourFinances.co.uk generated was something I could never have written myself. Within days, all my creditors paused their calls. For the first time in months, I could breathe again.”
YourFinances.co.uk is a UK-based consumer-support platform that offers free, confidential, and AI-powered tools to help individuals manage debt, communicate with creditors, and rebuild financial stability. It is important to note that the platform provides information only, and all regulated debt advice is delivered by FCA-authorised partners.
For all media inquiries, please contact Richard Stringer at press@yourfinances.co.uk. For more information on YourFinances.co.uk and its services, please visit their website at https://www.YourFinances.co.uk.
