At the beginning of February 2023, the Bank of England decided to raise the base interest rate to 4%. This makes interest rates the highest they have been in the last 14 years. With fuel and utilities prices at a high and prices of food items increasing, people are struggling more than ever with managing debts. For […]
For those in search of help with their overwhelming debt here is a simple guide to assist you through a variety of different debt issues to find solutions that are right for you. There are individuals who are in debt to such a level that they cannot afford to make the regular repayments that are […]
IVAs (Individual Voluntary Arrangements) and DROs (Debt Relief Orders) are two types of bankruptcy – two methods for legitimately recognizing that you can`t reimburse the cash you owe. IVAs and DROs can both discount the unsecured debt you are not able to reimburse. They will both show up on your credit record for a long […]
The debt that you are dealing with is a bit overwhelming, and you never planned on letting things get so out of control. You always planned to keep your finances in order, but now they are messed up and you are in need of help. When you are dealing with debt problems and looking for […]
Individuals’ writing off debt is a discouraging sign; a lot of individuals are out of work due to the declining economy. Before the economy got so bad, a majority of families had accumulated large amounts of debt that did not concern them because they knew that they would be able to come up with the […]
Debt is not at all bad; it is one way of getting what we need in life. When we want to buy a home or a car, or have to pay for tuition fees or other necessary expenses, we consider debt as an easy option. It only turns bad when we allow it to manoeuvre […]
