Home Add to Favorite Contact Submit  
           19 April, 2024


    
Category:  Press » Home & Family

 

Debt Management Report Released by The Debt Counsellors

Popularity:
         Views: 2760
2006-06-21 02:55:45     
ABC

The total of personal debt in the UK is in excess of £1.1 trillion and thought to be increasing at a rate of around £1 million every four minutes. Because of this, debt management programmes, whereby a company takes control of someone's debt and deals with the various creditors in return for a set monthly fee, are increasing in availability and popularity. However, as The Debt Management Report points out, extreme caution should be employed before signing up to such an agreement because too frequently they serve only to make the debt problems worse. John Porter of The Debt Counsellors explains: "Debt management programmes can seem attractive because the amount being paid monthly might be less than the cost of servicing all the individual debts. But in some cases, the term of the agreement is longer so the debtor ends up paying out more." The Debt Management Report highlights this issue and explains the other pitfalls associated with debt management programmes, as well as giving details on the alternative solutions to serious debt. Porter adds: "People should think very carefully before opting for debt management because often there are much more viable alternatives available to them. The Debt Counsellors, therefore, advise anyone considering a debt management programme to read The Debt Management Report first, and then seek professional debt counselling for more information."

Specialized in: Debt Management - Report Released - Debt Counsellors
URL: http://www.debtcounsellors.co.uk
Print press release      Bookmark this page
Related Press releases 
ANZZI Introduces New Products to their Bath Hardware Collection (Popularity: ): Miami, Florida ( press.abc-directory.com ) November 29, 2017 - ANZZI, the recognized supplier of a diverse array of home hardware and fixtures, very recently introduced new bath hardware to their collection. The company has brought in four new products including the Madam Series shower glass door, the Ritmo Series squared vessel sink, the Marbled Series ceramic vessel sink, and the Goreme Wall Mounted Teak Shower Seat.A spokesperson stated, "We are ...
ANZZI Introduces a New Range of Freestanding Bathtub Faucets (Popularity: ): Miami, Florida ( press.abc-directory.com ) October 6, 2017 - One of the leading providers of kitchen and bathroom decor, ANZZI offers a comprehensive range of high quality freestanding bathtub faucets crafted with stainless steel and RHINO ALLOY for superior durability. According to the company, these modern bathtub faucets combine the best of form and functionality.A spokesperson explained, "We design our products that inspire everyone, by manufacturing hardware with top notch ...
Fix My Home Launches Its New Website For Home Renovation Services in the GTA and Areas (Popularity: ): Greater Toronto Area—October 14, 2016— Fix My Home, a home of professional and reliable renovation contractors in Peel Region and home renovation contractors in Halton Hills and areas is pleased to announce the launch of its new website. Located at fixmyhomerenovation.com, the new website offers an easy and quick access to essential information and features that offers a more comprehensive understanding about Fix My Home as a company and provider ...
Adore A Door Launches New Website Offering High Quality and Dependable Garage Door Repair in Edmonton (Popularity: ): Edmonton, Alberta -May 19, 2016- Adore A Door, a trusted and reliable provider of high quality and dependable overhead garage door repair in Edmonton and surrounding areas is pleased to announce the launch of its new website located at overheadgaragedoorrepairedmonton.com.Adore A Door is locally owned source for all garage door repairs and overhead garage doors repair Leduc, St Albert, Sherwood Park, Edmonton and nearby areas. And now, with their newly ...
F & S Landscaping Launches New Website for Clients in Texas (Popularity: ): Texas - April 29. 2016- F & S Landscaping, a licensed and trusted company for residential and commercial landscape services in Magnolia, TX announces the launch of a new website, fandslandscaping.net, designed to provide information to property owners in Magnolia, Cypress Tomball and Spring, TX looking for reliable and professional landscape service, irrigation, hardscape and landscape lighting in Tomball, TX and areas.The new website features a user friendly navigation and ...


Related Business 
Debt Lands (Popularity: ): Debt Lands is a debt management company based in the UK offering free debt advice and can rearrange your debts in just 24 hrs. Debt Lands offers a wide range of debt solutions, from debt management plans, individual voluntary arrangements (IVA), bankruptcy and more.
Debt Help Spot (Popularity: ): Provides debt consolidation services for people looking for debt relief, debt settlement, debt elimination, debt negotiation or debt reduction. Our legal program will help you pay back your debts faster and more importantly at your convenience.
Debt Settlement (Popularity: ): DebtSettlement is a matching service helping you find a program that meets your specific needs. Debt settlement specialists are debt and credit professionals who facilitate debt settlement programs for consumers who are overwhelmed with massive debt or who are considering bankruptcy as a last option. This process is also known as debt negotiation and debt settlement specialists are trained in this aggressive, and often successful, alternative for debt management and ...
The Scottish Debt Doctor (Popularity: ): Our team of debt experts have been successfully helping people with the misery of struggling with mounting debts for over 20 years. As part of a group of debt help companies, we have experience in many different personal debt solutions including debt arrangement schemes, trust deeds, IVA's, bankruptcy, sequestration and debt management.
UK Debt Management Plan (DMP) Advice (Popularity: ): DebtManagementPlanForum.co.uk has been built to enable anyone who has a debt management plan, is thinking about debt management plans or who is in some way connected to debt management plans, to discuss their questions and thoughts.
Settle My Debt (Popularity: ): Settle My Debt offer a wide range of debt management services to help you to achieve a debt free future. With friendly staff and a knowledgeable understanding of a range of situations, Settle My Debt is here to help.
Debt Help Information And Credit Report Resources (Popularity: ): At Debt800 we're here to report on the latest news and information regarding everything related to consumer debt. Feel free to read our debt related articles, use our interest calculators, and be sure to take advantage of our credit report resources.
Debt Management Plans (Popularity: ): Clear All Debts is here to help people from all walks of life become debt free. We offer free debt advice to all our clients without the need to borrow more to consolidate debts. The easiest step is contact us and we will call you back to see how we can help you become debt free and stay debt free.
Your Debt Expert (Popularity: ): The Debt Arrangement Scheme may be the answer to your debt problems but, like all debt solutions, it depends on your financial circumstances. Read on to find out whether the Debt Arrangement Scheme is more appropriate for you than a Protected Trust Deed or other debt solution.
Debt Relief Ireland (Popularity: ): The Debt Relief.ie Irish Debt Management Service can help you to overcome stressful and worrying debt problems. Clear your debts with one affordable monthly payment. We negotiate with your creditors on your behalf. We will also ask them to freeze & reduce interest.