Being in a partnership is important and can be very comforting when it comes to your single days. It can also be difficult. One area in which difficulties can arise is in the finances. Read more…
All posts in Debt Management
Why Your Debt Management Company Should Be A Member Of DEMSA
Established in 2000, DEMSA or Debt Managers Standard Association is an organisation that monitors, regulates and maintains the debt management industry standards. These standards help promote excellence in the industry, as well as help protect both the lender and the consumer involved in any kind of financial transactions or dealings. Read more…
Debt consolidation loans: The ultimate way to become debt free
If you’re considering a debt consolidation loan, then you might as well know that it’s a dangerous thing to look into. Read more…
Should You Sell Your Car to Get Out of Debt?
Times are tough, and people need to cut costs however they can. For some, that means slashing their food budget and relying on staples like rice to meet their nutritional needs. For others, it means putting off doctor’s visits. Some people try to lower their car insurance rates, but no matter how much they slash from the monthly bill, owning a car is expensive. Read more…
How could a Trust Deed help me out of debt?
If you have a substantial amount of unsecured debt that you can’t afford to repay in a realistic time frame, you’ll need to find a suitable way of getting out of debt. Read more…
How does a Debt Relief Order (DRO) work?
When you seriously can’t afford to repay your debts then one option is to apply for a debt relief order, or DRO. This is a cheaper alternative to going through bankruptcy procedures if you have debts of less than £15,000, have a low income, little equity and there is no prospect of things improving. It is effectively a way of clearing debt within a year without having to attend court, pay your creditors or declare yourself bankrupt. This type of order is approved by the Insolvency Service and is part of a debt management plan. Read more…