Will you whisper those 4 lending words this Christmas?

On December 12, 2011, in News, by Lewis Alexander

I cannot afford it!

  • free credit report UK from ExperianIt is expected that 1 in 3 UK residents will enter the cycle of personal debt this year just to fund Christmas purchases and gifts.
  • A recent YouGov study shows that nearly 31% of us will borrow from friends or family and also financial institutions in the form of personal loans from banks including other credit facilities.

Nearly 60% of this third will be spending more than they usually do on credit cards and nearly 40% will end up with an overdrawn personal bank account due to gift purchasing and social spending.

  • It is believed that approximately 65% of 24-34 year olds are struggling most with financial arrears, this does not include mortgages.

When looking towards Christmas spending it would be wise to formulate a budget of what to spend and by what date, this allows you to plan for other normal monthly expenditures that you will face be it December or not.  People throw caution to the wind and worry about the overspending in the early months of the following New Year.  This is where the misery sets in for those who may have lending costs increase on them.

Changes in circumstance are the most common events that create the final need for an individual to seek help with personal debt problems.

Not all people will need the help as long as the income they have remains.  It is when the income itself is affected that the individual is left with no means to pay living costs let alone regular monthly finance repayments.

The costs of Christmas borrowing remains at a record high, please do not struggle alone should you find yourself in a position that you are unable to get out of or understand, pick up the phone and take confidential debt advice regarding your situation and you may be relieved afterwards to know that there is a route out of the difficulty you may find yourself in.

  • For a confidential chat with a personal debt consultant from Lewis Alexander Financial Management, please contact 0800 018 6868, lines are open 24 hours and your call is FREE from most UK land lines. Mobile call costs may vary, please check with your service provider before calling.
  • Wishing you a Merry Christmas and a Happy New Year from all at Lewis Alexander.
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Personal advice and help with debt management

On December 8, 2011, in News, by Lewis Alexander

Personal debt management advice and debt management help from UK financial solutions specialists.

  • free credit report UK from ExperianDo you need debt management help or advice in the UK?
  • With the right debt management advice and well thought out debt management plan, you too can get back to being clear of personal debt!

Getting reliable debt advice UK is crucial when trying to figure out the best way to clear debt properly. Sadly, good reliable advice is not always easy to find these days!

At Lewis Alexander, we don’t expect you to pay for the phone call to us because we know that if you are in need of debt help, you may not have money to spare for phone calls.

  • Are you struggling with credit card repayments?
  • Are you struggling to meet store card commitments?
  • Have you missed one or more mortgage repayment?
  • Do you have County Court Judgements pending?

Debt help UK

 

If so, all of the above are sure signs that debt is starting to take control of you rather than you controlling your debts. The good news, however, is that your personal debts are often not so bad that you are beyond help…few are!

With careful debt management online we could help you get back on the road of being clear of debt for the long term.  We can consider various debt management solutions for you to take back the control you want over these debts.

Facing debt alone can be very scary

Whether you are a single parent, a divorcee, a widower or simply single, debt can make you feel very isolated and the stress of it all could actually start to impact on your health. The last thing you need if you are living on one income is to become ill as this will directly affect your finances and will probably make the situation worse.

alternatively,

Make the decision to get help right now!

Call us free today from a land line using 0800 018 6868 and one of our trained consultants will discuss your situation and they will give you the help and advice you may need in confidence.

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