Help to Manage my Debt

On May 31, 2011, in News, by Lewis Alexander

Learn how to better manage your debts with advice and help

  • free credit report UK from ExperianPersonal debt can have a habit of seeming a lot worse than it actually is when you are the one in debt.
  • Learn how to manage debt properly and take control of the problem once and for all!

Need help to manage and control personal debts?

Every day in the UK, more people seek personal debt help due to finding themselves struggling to manage debt for one reason or another. There are many reasons why people get stuck in the debt trap, not all of which are the individuals fault.

  • Does it feel like you are working for nothing?
  • Do your monthly debt payments or outgoings add up to more than your income each month?
  • Does it feel as though you are short of money as soon as you have been paid?

Debts can seem to be out of control but often they are not as out of control as people may think. Often people just  need proper management and debt help after careful analysis and discussion. Frequently it can be one debt that is causing all of the problems and this can then impact your ability to repay your other personal unsecured or secured debts.

What happens with Debt Management?

At Lewis Alexander, professional debt management doesn’t just mean managing your debts, we believe it should also mean reducing your debts at the same time.

We will endeavour to freeze any future interest and charges (there are no guarantees that this can be done) whilst working with your creditors to ensure the debts are paid back more efficiently.

Beware of some of the debt services available as it is a fact that some of the debt services are not operating above board. This means that the debt management company could be working in their own interests and not yours to clear your debt.

What if my debts are more serious?

There are more ways than one to deal with debt and the more serious the problem, the more formal the solution. In Scotland there is the trust deed which is effectively the IVA or individual voluntary arrangement as used in the rest of the UK.

 

Personal Debt Help

 

It is a formal agreement between you and your creditors, which once agreed, is legally binding for all parties. Agreed payments are then made towards paying off your debts over a specific term (usually 60 months except in Scotland which is usually 36 months), after which you are officially clear of debt. Restrictions do apply.

The benefits of this solution is that all direct contact between you and your creditors ceases!  No more letters or phone calls demanding payments from your creditors and all further interest and charges are stopped.

It can also prevent bankruptcy or other court proceedings from happening.

NOTE: Whilst an IVA is in place, you cannot take on any further debt and you may find that you have difficulty getting credit until your credit rating has chance to start to repair once the IVA is over.  An IVA is recorded on your personal credit file.

If you feel that any of our debt management solutions could be what you need to manage your debt problems, then call us free today from a land line using 0800 018 6868 and let a Lewis Alexander advisor help you start to get out of debt.

  • Our lines are open 24hrs a day 7 days a week, call today using 0800 018 6868
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Personal Debt Solutions

On May 27, 2011, in News, by Lewis Alexander

UK debt help and management solutions for people struggling with personal debt problems

  • free credit report UK from ExperianNeed Debt Help?
  • Have you decided that you need help with your personal debt problems?

Debt help and debt advice UK is available for people struggling with personal debt and the associated effects from a vast number of sources, not all of which are particularly helpful or independent. Debt Companies from all over the country are doing their best to get people who are in debt to sign up to their own branded solution of financial help, be it through an IVA, Debt Management Plan or another Consolidation Loan.

Anyone can find themselves in debt and anyone can see their circumstances change enough to result in the debt becoming unmanageable through no fault of their own.

It doesn’t matter where in the United Kingdom you are, we can help. We start by offering an informal debt management consultation to help you see the extent of your situation, the possible solutions and our professional recommendations are tailored specifically to you and your own problem.

Our trained advisors are committed to helping you back to financial health, all we ask of you is that you are equally committed to helping yourself.

  • If you are, there is absolutely no reason why your financial life can’t improve!

It doesn’t matter what walk of life or background you come from, a personal debt solution is something that everyone and anyone may need at some point in their lives.

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Clear my Personal Debts

On May 25, 2011, in News, by Lewis Alexander

Find basic information about how to clear personal debts and the associated problems

  • free credit report UK from ExperianGet the help and advice you need to start to clear your personal debt!
  • Confidential UK advice at your convenience!

What options are available to clear my debts?

When deciding which way is the most economical to clear your personal debt, it is imperative that you investigate the period of time it will take based on the solutions available to you.

  • The following are the 4 main options that will assist you as a starting point to guide you through the personal debt help market place online.

Clear my debts through Bankruptcy – A process in which a court decides if you are eligible to have your debts written off or cleared in full based on your lack of ability to pay priority household bills and repay your personal unsecured debts within a reasonable period of time.

Clear my debts with an IVA or Individual Voluntary Arrangement – This is a 60 month or 5 year legal binding agreement between you and your creditors.  After the 60 months or 5 years is over, the remainder of debt unpaid is written off and cleared in full. If you own a home an IVA could involve you  releasing some of the equity from your property at the end or nearing the end of the IVA.

Refused or failed an IVA to Clear my debts!

Clear my debts with a Debt Management Plan – Debt Management is an informal arrangement and not legally binding between you and your creditors.  There is no guarantee of an end date and no guarantee that interest and charges can be frozen unlike with an IVA. Debt Management is a good short term solution to regain control without legally binding commitment.

Clear my debts with a Debt Consolidation Loan – This is a good option if you have a small debt level with many creditors to pay each month.  One reduced payment or repayment can help but if you are struggling at present to manage, another loan is not always the best option.  These types of loans are often secured against your property if you are a home owner which can put your home at risk should you fail to keep up with repayments.  Be cautious if using a secured loan to clear debts.

  • IN FACT, BE VERY CAREFUL!

Lewis Alexander offers this information for people starting to embark on the journey of clearing their personal debt.  If you would like help and advice from a trained personal debt counsellor in the UK regarding how to “clear my debts” then please call our personal debt helpline FREE from a UK land line using 0800 018 6868, lines are open 24 hours a day, 7 days a week.

  • Call 0800 018 6868 today, your call is FREE!
  • Obtain professional advice
  • We will call you at your convenience

It only takes one FREE call to start the process of clearing your debts in the UK.

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Financial Help and Advice UK

On May 20, 2011, in News, by Lewis Alexander

Confidential financial advice and help for UK residents struggling with personal debt.

  • Do you have debts that are ruining your life?free credit report UK from Experian
  • Do you feel trapped because you can’t get out of debt?
  • Get help with your finances and clear your personal debt problems

If your finances are the part of your life that causes you the most heartache and stress, then we can give you the help and advice that could make all the difference.

  • Many people experience these feelings when they are in debt and don’t have debt advice resources.

Just because you can’t see a way through your debts, that doesn’t mean there is not a debt solution that will alleviate the pressure or perhaps even clear your debts totally over a period of time.

Over recent years we have helped a huge amount of people get out of debt through our professional debt management service rather than quick fixes you often find with other debt “wipe off” companies.

Will you help me find the best way to clear my debts?

We will first have a discussion with you to understand your present situation and work out the best way to clear your debt.  There are various solutions we can recommend to help you get out of debt, some of which are informal and self managed and others are more formal.

  • We can help you restructure your debts and make them easier to manage with an informal debt management plan.
  • Consolidating all of your existing debts into one debt consolidation loan can cut down on interest and charges associated with lots of different debts. Acceptance for a debt consolidation loan is subject to your current credit status.
  • The formal option of an IVA or Individual Voluntary Arrangement is a good way to clear your debts over a fixed term but should only be considered as a last option due to the fact that it will harm your credit rating for the future.

All of the above debt solutions will only be recommended once we have talked to you and discussed your thoughts and fears about the different aspects of your personal debts.

I’ve been in debt since I was 18 years old, are you sure you can help?

This is not uncommon! Many people get caught in the cycle of debt at a very young age and then conduct their finances in a way that is well understood by the banks and other lending institutions.

Often a teenager will take on an overdraft facility to pay for something ‘important’ which is the beginning of more and more credit throughout their lives until they get to a point where they cannot control it all any longer and then need help to clear debt and get their personal debts back under control.

This is all well known and the lenders all count on this cycle of circumstantial change to get people to take on more and more credit.

  • We have trained debt consultants to help you, call free from a land line in confidence today using 0800 018 6868.
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Personal Debt Advice UK

On May 19, 2011, in News, by Lewis Alexander

free credit report UK from ExperianPersonal debt advice that will help you start to clear your debts!

Anyone who has had personal debts will know that trying to find honest and impartial national debt help that isn’t guiding you down an self interested road is often more difficult than you would imagine.

  • There are though, a lot of free resources to help people clear debt in the UK.
  • There are those that most people initially think of like the Citizens Advice Bureau or Accountancy firms for example.

Online however, there are lots of resources that perhaps people would not previously have had access to such as the managing debt section of the directgov website or the FSA website or the “In Debt” pdf available from the Insolvency Service.

  • We can give you the benefit of our experience today!
  • Confidential advice about ways to deal with personal debt in the UK!
  • All the options explained clearly and precisely!

Whether you understand the meaning of some of the terms used by some debt management companies or not, we will make sure you have a full grasp of everything before you commence anything. Our personal debt advice is both informative and confidential and gives you the necessary knowledge to make an informed decision about your financial future.

The following are some typical questions we get asked by clients when they call,

  • I’ve heard about the cycle of debt. What is it?
  • I’ve already been refused a loan, will that stop me consolidating my debts?
  • I am struggling with debt and I am a single parent. Can you help me?
  • I am disabled and am in serious debt. I am struggling to make ends meet on my income
  • I don’t know what to do first, can you give me some basic debt information?

Try not to forget that you are not alone and you certainly are not the first person to struggle with debt. We are confident that we can reduce a lot of the stress and we know have devised a personal strategy for a lot of our clients. Getting rid of the worry about how to clear debts alone is often the biggest part for a lot of people in debt and many of our past clients make a point of telling us this.

Personal Debt Help

 

Take control of your own future right now by contacting one of our trained advisors who will guide you and advise you through every step of any debt recovery process you might embark on, whether it is a simple debt consolidation loan, an IVA or even a debt management plan.

By calling Lewis Alexnader on 0800 018 6868 you can talk to one of our fully trained advisors in total confidence. People who have obtained UK debt advice have improved their lives by sorting out their debt problems in the long term.

Benefit from our fast, efficient and no nonsense approach to helping people in debt and our excellent working relationship with all the main UK creditors and lenders. We are simply people dedicated to getting you back to financial health if you are confused by debt.

  • Debt advice is available to all.
  • Let us help you get your finances in order and get you on the road to being clear of debt.
  • The sooner you decide to get help, the sooner you will be clear of debt.

Obtain confidential debt advice UK today by calling us free from a land line using 0800 0186 868.

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Identity Theft in England UK

On May 18, 2011, in News, by Lewis Alexander

Protect yourself and your family from identity theft in the UK

  • free credit report UK from ExperianMost people who get their identity stolen are not aware until it’s too late.
  • There are things you can do to make it more difficult for criminals.
  • Follow simple advice and protect yourself and your family from Identity Theft in England, UK!

Following the news some years back about the loss of over 25 million UK residents personal details, the subject of data protection and identity theft was thrust back into the headlines.

The problem with identity theft may come however, if the information stolen gets used to impersonate people in order to take out loans, credit or services.

If you think you have been the victim of such criminal activity otherwise know as identity theft, then you can find out exactly what has happened by contacting one or all of the credit reference agencies below.

  • Callcredit
  • Experian
  • Equifax

Read some of the more common questions and answers about how personal debt affects how you will be able to get new credit in the future.  If you think you have a less than perfect credit rating and you would like to repair your credit you should follow our guidelines.

What are the implications of identity theft?

If you are unfortunate enough to have your identity stolen you could experience all sorts of problems, some of which could have a direct effect on your credit rating and how suitable you are then deemed to be for future loans and other borrowings.

If you are already having problems with debt and would like to get some advice about how to get out of debt, we have first rate advisors ready to help you with any aspect of debt management online and debt help.

We can offer debt management online plans, debt consolidation help and loans, IVA or Individual Voluntary Arrangements, Trust Deeds in Scotland and a whole host of other debt solutions to all kinds of people.

  • If you or anyone in your family needs help to clear debt, don’t wait any longer to get the help you need call free from a land line in confidence using 0800 018 6868.
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Get out of debt in the UK

On May 17, 2011, in News, by Lewis Alexander

Find out the best ways to get out of debt in the UK

  • free credit report UK from ExperianWe specialise in helping people with debt problems get out of debt. We will do our utmost however bad the situation has become.
  • It is much better to seek debt help before things get to the point where you are being declared bankrupt or facing other court actions.

If debt advice is sought early enough there are many options available to help you find a way out of debt. Some of them are informal and relatively simple to set up.

More often than not, people in this position benefit hugely from proper debt management strategies. We discuss your present situation with you then design a debt management plan around your personal circumstances.

Can you stop all the creditors letters and phone calls?

We take care of creditor correspondence for our clients and we do manage to get all the phone calls and letters reduced if not stopped because we communicate with creditors so they know what is happening.

This is a huge relief for a lot of people who find debt help and come to us as these calls and letters cause an awful amount of worry and stress but it is just your creditors way of trying to find out when they are getting their money. Once they know, they are normally fine.

What if my debts are too big?

If you are struggling with very large debts then it is even more important that you get debt help as soon as possible because the interest and charges you will be getting charged will be a lot higher too.

The amount you owe is not the primary concern, it’s getting a debt management plan together to repay it all and be able to live your life at the same time.

  • If you are in this situation, please call us on 0800 018 6868, we really can make a difference and help get you out of debt!

Personal Debt Help

What if I don’t earn much money?

Unfortunately, people who don’t earn very much are the very people who are most vulnerable. These are the people who tend to take on high interest debts and then struggle to maintain the repayments.

We are very proud of the way in which we help people with particular difficulties in their lives. Often these difficulties are temporary but not always. We have helped and continue to help many people.

There are lots of ways to get out of debt and some are good and work whilst others are not and don’t. If you are late pating bills, fighting with debt and would be interested to find out how we could help you clear your debts, get in touch today.

  • Call 0800 018 6868 free from a land line in confidence.
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Help with Debt Problems

On May 17, 2011, in News, by Lewis Alexander

Get help with debt problems from UK debt management specialists

  • free credit report UK from ExperianHave you decided that you are in need of help with your debts?
  • Are your debts a problem to solve?
  • Are you unsure what to do about your debts?

If you are feeling like the above, then things have got to the stage where you could do with some personal debt help.  We are glad to say that help with debt problems is available from Lewis Alexander.

Some people think that their debt problems are totally unique and that they have never been seen before.  Luckily, this is rarely the case. We have seen most scenarios and do not judge people, our professional advisors will help and guide you through the entire process if you so wish, our initial advice is free, our ongoing services are chargeable.

  • Debt problems that are left and not addressed don’t go away on their own.

If you would like expert advice on how to solve your debt problems and get help to start the process of becoming clear of debt then get in touch with one of our advisors today.  You will be glad you did get help with debt problems and you will remember today as being the day your debts stopped running your life.

What kind of personal debts can you help me with?

We are a professional debt management company with a successful track record of helping people through their debt problems.

It doesn’t matter what kind of personal unsecured debt you are struggling with, we can help with debt problems and have a lot of experience dealing with creditors.

  • Are you struggling to make payments on your credit cards every month?
  • Are you in need of advice regarding debt management?
  • Are your store cards not being paid on time and the interest is just increasing the debt?

Personal Debt Help

Because personal debt problems come in all shapes and sizes, it is impossible to have a one size fits all debt management solution. We have several solutions that will help different people with different debt problems.

Most debt solutions are available to anyone who may need help with debt problems including divorcees, single parents, the unemployed, retired and people with a long term illness or disability.

  • Get debt support information about clearing your personal debt problems.
  • Call free from a land line today using 0800 018 6868.
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In Personal Debt and Need Help or Advice

On May 16, 2011, in News, by Lewis Alexander

Are you in debt in the UK and want to find a way out of it?

  • free credit report UK from ExperianAre you In Personal Debt?
  • Do you need help or advice to manage your finances?

The following information is for UK residents in need of debt help or debt advice.

In the UK in recent years, the amount of people who have taken on personal debt and further credit has rocketed! Whilst that fact alone is not the end of the world, the amount of people who are not coping with their personal debts is of a great concern for the government and a lot of other financial bodies.

  • Our goal at Lewis Alexander is to help as many people as possible who are in debt, clear debt for good.
  • Using all the tools we have at our disposal we do our utmost to help every single person that comes to us.

Each person we help is treated as an individual, with respect and confidentiality, focusing on their own set of personal circumstances and then together we devise a debt management plan tailored to their situation. Nothing is imposed … just good honest advice with recommended courses of action at the end of it for you to take up or leave …it’s entirely up to you.

  • Is your life restricted by debt?
  • Would you like to clear those financial restrictions?
  • Would you prefer to enjoy your life without debt?

A debt management plan can help once we have looked at all your debts against your earnings, we can devise an informal repayment plan to ensure your interest and charges are kept to the absolute minimum and help you by negotiating with your creditors directly.

Don’t pay for advice about debt consolidation loans, consolidating all your debt into one easy, affordable monthly repayment through debt management UK or another loan is effective, even if previously refused loans. However, you should be aware that any loan application is subject to your current financial status.

Individual Voluntary Arrangement or IVA, this is a formal agreement between you and your creditors over a fixed term (usually 60 months) after which you are clear of debt as long as you maintain your agreed monthly repayments. You should not receive any further phone calls or letters from your creditors once you enter into an IVA however restrictions do apply especially if you are a homeowner.

With a Trust Deed in Scotland you will find the law in Scotland is slightly different, but in it’s basic form, the Trust Deed is the same as an IVA. The term of a Trust Deed is shorter (usually 36 months) but apart from that, the agreement is very similar.

Personal Debt Help

  • Make the choice today and ensure what you pay towards your debts actually goes towards reducing debt instead of just paying or servicing the interest.

Sometimes we even manage to get the interest and charges frozen with the informal debt management plans we set up for people reducing the time needed to pay off the debt however this can not be guaranteed.

  • Are you confused with the amount of information being directed at you all the time regarding your personal debts?

Call us FREE from a UK land line using 0800 018 6868 and we will help you identify your best solution, you may not even need anything formal to give you the route through to clearing your debts, perhaps just a fresh eye is all that would be needed to show you the way forward, and if you do need formal debt help, we will advise you what would be best suited to your needs.

  • With so many people in the UK struggling from week to week with their debts, wouldn’t you like to be one of the ones who gets them self out of the debt trap?
  • Don’t remain chained to your debts for one day longer than is absolutely necessary, there is an alternative.

Call a Lewis Alexander trained debt advisor today, call free from a land line using 0800 018 6868, all calls are dealt with confidentially.

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British Bankers Association and Bank PPI Claims

On May 9, 2011, in News, by Lewis Alexander

free credit report UK from Experian

  • The British Bankers Association are taking no further action about the PPI Claim Judicial review.

Sky news reported that on a scale of 1-10 for the banks, this reversal in direction regarding consumer PPI claims would have to rank about an 8 out of 10 for embarrassing.

The scandal is similar to the MP expense scandal as far as the banks following the letter of the law but not the spirit, miss-sold payment protection insurance has been found on an industrial scale and this is basically down to being not regulated correctly, however, what the banks were doing was basically wrong.

Lloyds Banking Group set aside approximately £3.5 billion and other banks have fallen in line with RBS expecting a bill in the region of £1.5 billion

20% of a clients’ monthly loan or credit repayment would have approximately contributed to ppi insurance on that debt.

Approximately £9 billion is expected to be claimed by the consumer from the main High Street banks who tried all they could to avoid this uturn / ruling.

  • Will the consumer end up paying this bill in bank fees?
  • We shall have to wait to find out!

Payment protection insurance or ppi is not a bad product it just needs selling correctly!

For further information about how to claim back Payment Protection Insurance or making a PPI Claim on a loan or credit card you have or may still have, please call us free from a UK landline using 0800 018 6868.

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Refused credit cards

On May 5, 2011, in News, by Lewis Alexander

free credit report UK from ExperianHave you been refused a personal credit card?

  • Have you recently had problems applying for a credit card?
  • Have you been turned down for some other kind of unsecured borrowing and don’t understand why?
  • We can help you discover why you were turned down and maybe even help you sort out the problems that may stop you getting credit in the future!
  • Why not obtain advice today?

Most people do not understand or that by making multiple applications for credit cards or unsecured loans within a short period of time and then being turned down for each one can make the likely hood of you getting the next one accepted even less.

So why do you keep getting refused for a credit card?

When you apply for a new credit card, the card issuer will investigate whether you are a good risk or not by checking with the credit reference agencies to see how you have conducted your finances in the past.

Whilst you do not necessarily have to have an impeccable past, a poor credit history will certainly hurt your chances of being accepted. Not only are past defaults etc visible on your file but also how many times you have applied for credit and been refused.

Personal Debt Help

Sometimes however, there are things on your reference file that are simply wrong or untrue. We can help you discover what is holding you back and we offer debt help and debt management online to consumers struggling with personal debt problems.

What are credit reference agencies?

When a company wants to find out whether someone is a good risk to lend money to, they apply to one or more credit reference agencies to find out about your credit history. These companies hold information about everything you have had credit for, applied for credit for and also all the personal debt problems you may have had in the past.

In the UK, there are three main credit reference agencies and they can be contacted using the following details.

Callcredit Plc
PO Box 491
Leeds
LS3 1WZ
Tel: 0870 060 1414

Experian
Consumer Help Service
PO Box 8000
Nottingham
NG80 7WF
Tel: 0870 241 6212

Equifax Plc
PO Box 1140
Bradford
BD1 5US
Tel: 0870 514 3700

I have been told I have been blacklisted, what can I do?

The existence of a so called credit blacklist is an urban myth. People with a poor credit history are not held on a list for lenders to check and then deny credit.

Can I find out what is held on a credit file about my finances or me?

All of the credit reference agencies will supply you with a copy of what they hold on file about you for a nominal fee. Exact details of what they require are available on their respective websites.

Once you have read what is on that credit report, you will be able to have inconsistencies or mistakes removed if there are any and therefore possibly repair your credit rating.

  • For further debt help and advice regarding being refused credit cards or loans or other unsecured borrowings, please contact our debt helpline using 0800 018 6868, your call is free from UK land lines.
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Advice on personal debt in the UK

On May 4, 2011, in News, by Lewis Alexander

Help and advice on how to find advice on personal debt in the UK including England, Scotland, Wales and Northern Ireland.

  • Do you have debt collectors chasing you for money?
  • Is NOW the time to sort out any personal debt problems you may have?

Personal Debt Help

There are several routes to explore when dealing with personal debt problems. Every situation requires a tailored solution.  The following information could be a good starting point for helping people clear personal debt.

This blofree credit report UK from Experiang post about advice on debt in the UK is aimed to help the general public find online information about all different types of personal debt solutions.

This can often be a very 1st starting point online to an individuals quest to clear the debt problems they may have.  We simply explain to you the different options and solutions available to your particular circumstances.  Most people have genuinely suffered a change in circumstances when they approach our debt helpline, such as reduced hours at work, loss of job and income, split from partner, death in the family etc…

You have to be committed to clearing your debts if you want  to get out of the situation.  It will take effort on your part regardless of who you decide to get help from, if anyone.  You will have to make sure that if you set a budget to live on you stick to it and no variations to what you set should take place apart from the unexpected ones which you may set aside for as you go!

Our advisors are well trained and qualified through many years of experience.  They advise many people every day and they could possibly help you!  Your call is dealt with in the strictest of confidence.

Once an individual has made contact with a personal debt advisor they tend to feel much better as it is like having the lights turned on when you are stood in the dark, everything becomes clear again.  The credit industry a complicated one and we are not taught about credit cards and loans and personal finance in school.  Maybe if we were, we would not be in so much personal trouble regarding finances as a nation.

If you are searching the web for debt advice and came across this Advice On Debt UK blog post then call Lewis Alexander on 0800 018 6868.  Our website is very informative and subsequently offers advice on all options available to clear debts. Some people decide to do a debt management plan instead of an IVA because of its informal structure, even though both options can be available.

If you need debt help or friendly advice regarding personal debt please call FREE in the UK from a landline using 0800 018 6868, our lines are open 24 hours a day, 7 days a week.

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