Debt advice – settlement offers?
A few years ago I applied for 2 credit cards and a loan, I was given more than I could pay back, and I was too busy enjoying myself to realise…bad bad idea. Anyway, for the last 3 years I have made small payments to the 3 companies, and this isn’t likely to change as I don’t earn much. For example, I pay £10 a month on a £3000 debt. The interest has been frozen on these...
Read MoreCoping With Your Debt – Solve the problem
Are you in the position where there is a chance of losing your home or your car? Perhaps you’re falling behind with settling your bills, debt collectors are knocking on your door and creditors are harassing you for payment… Take heart. You are not the first (nor the only) person facing such a financial crisis. Regardless of whether your current situation was caused by job loss, sickness or...
Read MoreBeware of Bad Debt Advice
Due to the current financial climate, the United Kingdom has become overrun with debt management companies and as a means to draw in customers they often promise un-deliverable results. Like many industries you have the honest experts and the fraudsters, it is up to you to seek out those who will really help you and those who will only claim to. Of course, it is possible to rid yourself of...
Read MoreSerious debt advice needed?
I need some much needed advice, I had a fashion catalogue which I always paid but since losing my job its been hard to make the payments and they have threatened me with visits from bailliffs can anyone advise me if the are allowed to do this as I was told that they cant for this kind of debt. any help will be very appreciated. Answer In theory no they can’t, they have to take you to court...
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