If you have a friend, family member or colleague that is having trouble with debt, they may act in a different way. We all deal with stress differently, and there are some signs that can give a warning about how people are coping with their problems. Knowing that you can help a friend out of debt has to be seen as a great thing, but you need to know the signs to look out for.

Some of the most common signs that a person may be struggling or under stress include:

• People may be sweating more or they may develop a twitch
• People may be drinking or smoking more than they would normally
• People may have no appetite or may be eating more than normal

There is also a great deal to be said for the fact that people’s behaviour and attitude can change due to stress. These are some of the things you should look for if you want to help a friend out of debt:

• People may lose their temper at a faster rate than they previously did
• People may be more worried about things in life
• People may have had a change in their sense of humour or may be feeling low

Look to help a friend out of debt

If you are looking to help a friend out of debt, it may be that acting as a guarantor is the best way to do so. Acting a guarantor, when your finances are in good order, will help you to help others improve their finances. If your finances are in good working order, your positive credit score is the one that the lender looks at, which means that the borrower will be able to obtain a more attractive level of APR. This has to be seen as a positive thing, so make sure that you are ready to help people ifyou can.

Being a guarantor isn’t for everyone and there may be some people that you don’t feel comfortable about helping in this manner. That is fine, because you need to make an informed decision on what is right for you. There is no point in making a poor decision because you want to be a friend; you need to make sure that you can find the decision that is right for your life and situation as well. Helping others is great but make sure you are confident in making the right decision.