The Office of Fair Trading (OFT) in July 2003 (revised Nov 2012) released guidance notes for licensed debt collectors in the United Kingdom setting out the expected standards of all parties involved in the recovery of consumer credit debts. Reported behaviours of debt collecting companies were used to compile these guidance notes and therefore this…
This post looks at where you can get a Debt Management Plan, provides information on Debt Management Plans and discusses the merits of one. A Debt Management Plan can be a useful way of taking control of your debts. There are several options available to you. You can either: – Set up your own Debt…
This is my review of StepChange Debt Charity and a Debt Management Plan I recently set up with them. StepChange provide free debt support and advice and also offer free debt management plans. They are a lifeline for those struggling with debt. They help lots of people each and every year so here is my…
If you have been putting off getting help with your debts then perhaps today could be the day you change that? You might feel embarrassed to talk to someone about your debts but you don’t have to be. You may think that your situation is beyond help but you would be wrong. There are many…
Debt. It makes a lot of people feel worried and that’s understandable. Some people find themselves embarrassed seeking help with their debts and instead suffer alone. Scared and worried about what is going to happen. The thing is that by ignoring the situation, things will only get worse and that’s one of the reasons why…
Another month and another update of how much is owed in debt. Last month the outstanding amount stood at £50,538.93. Today it is £49,608.74 so that’s a drop of £930.19 which beat the projected repayment for this month of £643.06 by £287.13. I am very happy with this progress but there is still a lot…