Debt consolidation loan rates
A debt consolidation loan is one way of simplifying your finances and reducing your outgoings each month. However, because of the way debt consolidation works, you may sometimes end up paying more in the long term.
Can`t afford to live because of debt?
Being in debt is never an ideal situation - but when your debt repayments cost so much that you simply can`t afford to pay for your day-to-day living expenses, the situation can be a lot more serious.
Scottish debt solutions: Trust Deeds
If you have large debts that you do not think you will be able to repay within a reasonable period of time, then your first thought may be filing for sequestration (bankruptcy). However, a Trust Deed could help you clear your debts while avoiding some of the downsides of sequestration.
Debt advice: How to improve a bad credit rating
For many people who have problems with debt, one of the worries they have to deal with is damage to their credit rating.
Debt management & household costs
Balancing your debt repayments and your other commitments can be difficult. When your finances are stretched to their limits, managing your debt alongside your other costs can be a balancing act.
Rent arrears: could debt consolidation help?
If you`re worried about falling behind on your rent payments, it doesn`t necessarily mean you need to find somewhere cheaper to live. In many cases, people find they can`t keep up with their priority debts (such as rent and utility bills) because their non-priority debts (such as credit cards, store cards and unsecured loans) are simply taking up too much of their income.
Can an IVA save me from bankruptcy?
Faced with the prospect of going bankrupt, many people will go to any lengths to find a solution that can `save` them from bankruptcy. This isn`t always the right approach - for some people, bankruptcy could well be the best (or only) solution to their debt problems.
UK Debt Advice
When people talk about debt, they`re often over-simplifying - `debt` can mean very different things to different people. After all, some people in the UK spend a tiny fraction of their income on their debts: paying off the occasional credit card bill, for example, or using a small overdraft facility once a year so they can spend that little bit more on their annual holiday.
This is page 3 of 19