Each year, hundreds of thousands of people use informal debt management plans to try and resolve their debt problems. However, with these plans often lasting for many years, would debtors be better off considering an IVA or even bankruptcy? Unofficial estimates have suggested 100,000 people every year carry out DMP’s. I think the real number … Read more
Are you drowning into debts? You may be receiving lots of notes and bills every month from different lenders and creditors. This is a very complicated situation faced by the borrower. Moreover, if the debts donât have fixed rates of interest, the financial situation is likely to become worse within a short period of time. … Read more
You’re sitting there one day, off from work due to the stress of your unsecured debts weighing heavily upon your shoulders. Suddenly, in the background noise from the TV you hear a fantastic deal – consolidate your existing debts into ‘one easy affordable loan’. You think wow, just what I need to get my debts … Read more