News and tips on tackling debt, living on a debt plan and other debt matters
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How to avoid extra charges from lenders
Posted 21 August 2017 by Christine Walsh
Here are the main ways to make sure you avoid extra charges from your lenders.
How much of your debt could you write-off?
Posted 21 August 2017 by Christine Walsh
When it comes to writing debt off, there are a few options you can look at. In today’s blog, we look at how an IVA works and how much debt it can write off.
How to get debt free in a year
Posted 16 July 2017 by Christine Walsh
Bankruptcy and Debt Relief Orders both allow people to become debt free in a year. Read on to find out more.
Can you settle your debts and pay less?
Posted 14 June 2017 by Christine Walsh
It’s sometimes possible to clear your debts with a lump sum of money, even if you don’t have enough to repay everything you owe. If your lenders agree to accept the lower amount, this is known as a ‘partial’ or ‘full and final’ settlement.
More breathing space for people in debt could be on the horizon
Posted 13 June 2017 by Christine Walsh
Both Labour and the Conservatives pledged more breathing space for those struggling with debts. We have a look at what could change for people struggling with debts, now we know the result of the election.
How does sequestration work?
Posted 22 May 2017 by Christine Walsh
Sequestration is one way to solve your debt problems, if you live in Scotland. But you need to make sure it’s the right solution for you first and that you’ve considered the alternatives.
To find out more about managing your money and getting free debt advice, visit Money Advice Service, an independent service set up to help people manage their money.