When it comes to Debt Management Companies you have to be careful who you deal with. Selecting the right debt management company can seem like a daunting task but it needn’t be. There are a number of companies who advertise offering to set up a debt management plan for you and they will charge a…
A couple of days ago I received a text message from a company called CSL. I instantly assumed they were a debt collection agency but I wasn’t completely sure who they were or why they had contacted me. Text messages seem to be one of the ways debt collection agencies like to contact debtors now….
This is a commonly searched for question at Debt Advice Blog. The short answer is yes, you should be able to set up a payment plan for your payday loan and I have written an article explaining how to set up a payday loan repayment plan which you can read if you like. Some payday lenders…
If you find you need to cancel your Debt Management Plan payment then the first thing you should do is to talk to the provider of your DMP, and let them know you are unable to make payment this month. Not making a payment can affect the arrangements set up with your creditors and cause…
Prior to 2007 the sub prime lending sector was seen as a lucrative section of the mortgage market. It was much easier to obtain bad credit mortgages even if you had a poor credit history. However since the financial meltdown, it has become much more difficult for a sub prime borrower (someone with Bad Credit),…
One of my debts is with a company called Virgin Mobile. Today I am making a complaint to the Information Commissioners Office because the information they are posting to my credit report is not correct. Currently Virgin Mobile are posting a six month late marker on my credit report, despite it being over two years…