Author Archive
The Case For Consolidation As A Debt Reduction Tool
If you have a large or unmanageable amount of unsecured personal debt, then a debt consolidation plan or good credit counselling session are probably the best ways there are to reduce your debt to manageable payment levels or even eliminate them completely. Debt consolidation can be a quick solution to a problem that could potentially […]
Debt Management V Debt Consolidation An Unbiased Comparison
People in the UK are in 2008 responsible for more debt than ever before. Debt management should be a high priority for anyone carrying large amounts of debt today.
It is reported that in todays economic climate that consumers are more likely to have debt problems than they have been at any time in the past […]
What Is An IVA?
An IVA is a formal and legally binding arrangement between you and the people you owe money (your creditors) to pay them back a percentage (often as little as 30%) of what you owe them over a 5 year term. An IVA is a legally binding agreement that protects you against any further […]
What Are The Criteria Required To Accept An IVA?
Since the introduction of IVAs the IVA teams at many of the countrys top insolvency companies have dealt with over two hundred thousand IVA cases. In this time they have developed the most up to date and complex systems which can provide the exact criteria required to accept an IVA.
In the early days, when the […]
What Is A Credit Report
A credit report is a history of your payments, not just a snapshot of where you are at the moment, says Maxine Sweet, vice president of public affairs for Experian, one of the three major credit reporting agencies.
A credit report is a crucial document that reflects your credit status. A credit report is a summary […]
CCJ Remortgage And How To Get One
A ccj remortgage is a remortgage that is designed for someone with a county court judgment. One good reason for a person to seek a ccj remortgage is to help them be able to clear up the judgment. Remember that a ccj remortgage is something you’ll have to live with for a long time, so […]
How To Get A Mortgage With CCJ’s
As the number of people with substantial debt is increasing year on year, so is the number of people with CCJs registered against them. As a direct result of this the number of mortgage brokers specialising in lending to people with CCJs is also on the increase. However this has taken a major step back […]
Control Your Debts With Debt Management
Without doubt getting your creditors to agree to reduce monthly payments can be hard as the creditors are often attached to the word no and ofcourse to their profit margins. But to make your creditors agree is not impossible. A Debt management solution through a good debt management company can often help. The advisor at […]
Keys To Overcoming Bad Debt Management
Many people think debt consolidation is the answer to all their financial problems. Just think… you get one loan to pay off all your debts. Then, you only have to deal with one company and one payment. You have to admit, it sounds very good. But not necessarily a key to ending bad debt management.
Getting […]
Debt Management Advice How To Become Debt Free Fast
The best way to maintain and improve your credit score is to pay off debts. Regular monthly payments make good habits and high credit scores. High interest credit cards should be tackled first, followed by other unsecured loans. Mortgages and student loans are considered ‘good’ credit, and can be paid off last.
However when making your […]
