Home

ClearDebt Analyser

Debt Forum

IVA FAQs

Press

IVA Advice

Debt Advice - CCJs and Bailiffs

Downloadable debt help guides

Debt Consolidation

Bankruptcy Advice

Credit Card Debt Help

Debt Management

Citizens Advice - Debt Advice

Personal insolvency in Scotland

Debt Solution - IVA Advice

Debt help links

ClearDebt Analyser

The ClearDebt Analyser is a unique free tool which shows you your best way out of debt - whether an IVA, debt management, debt consolidation or bankruptcy. Immediate results on screen help you say goodbye to debt worries for good!

Debt Repayment Calculator

Easy to use Debt Repayment Calculator illustrates how you can clear your debt and become debt free.

Our debt calculator illustrates the effect of a change in APR on your debts over time.

Become debt free

ClearDebt helps people beat debt and become debt free. Read about our recent cases below where we have helped clear debt.

Your money or your job

Clear debt with an IVA - and starting life again

Taking responsibility - credit card debt dropped by more than 40%

Case studies are all genuine individual cases. For confidentiality no real names or photographs are used.

	£26,512 average debt
	£1,362 per month average net income
	57% male
	43% female
	Average age 32

Debt statistics from ClearDebt generated from live user data from people who have completed our Debt Analyser.

R3 IVA standard terms and conditions

Indebted urged to seek advice

11th May 2007

Consumers facing personal loan or credit card debt have been urged to seek advice if their financial difficulties mean they cannot afford to meet mortgage repayments by the director general of the Building Society Association Adrian Coles.

Mr Coles suggests that in light of another rise in the cost of borrowing introduced recently, there are likely to be more people in need of debt advice and that building society employees are on hand to offer a "sympathetic response" to these kinds of problems.

He added that with a further increase in the base rate of interest to 5.75 per cent still a realistic prospect over the coming months it is important that credit consumers implement an effective debt management plan.

Mr Coles said: "For people on variable rate mortgages, the increase in the interest rate will see their mortgage payments rise.

"For some, especially people who have also taken out personal loans or credit cards, this could mean a problem paying the mortgage."

In March of this year, the Consumer Credit Counselling Service made clear its expectation that homeowners across the UK will be "on the rack" financially throughout 2007.

Like this story? Spread the news by clicking below:

Digg this

del.icio.us

Links to related ClearDebt articles:

Debt Help - Reduce Credit Card Debt

ClearDebt launches IVA Protect – Payment Protection Insurance

ClearDebt Payment Protection - The Genuinely Ethical Approach.

Do you believe in life after debt?

ClearDebt Media

Personal insolvency in Scotland

The ClearDebt privacy policy

ClearDebt's Terms and Conditions

ClearDebt IVA Help Online Application Form Apply Now

ClearDebt is the only IVA company to offer full online IVA applications
Five simple sections to complete a full IVA application
No time consuming filling debt forms by hand
Login when it suits you and complete at your own pace
Personal, private, confidential and secure
You stay in control

Latest news about UK debt

Millions of Brits 'avoiding bills'
(12 May 07) With record levels of credit card debt and bankruptcy on the rise, Brits are becoming increasingly ... more >>

Families 'face homelessness' after interest rate rise
(11 May 07) The fourth rise in the base rate of interest since August of last year will be ... more >>

Lenders 'need to be sympathetic'
(11 May 07) Lenders need to be sympathetic towards their mortgage customers, many of whom are facing significant debt ... more >>

Indebted urged to seek advice
(11 May 07) Consumers facing personal loan or credit card debt have been urged to seek advice if their ... more >>

Interest rates up to 5.5%
(11 May 07) Millions of credit consumers could soon have their debt managementdifficulties increased as the Bank of England ... more >>

IVA FAQs

IVA Advice: What exactly is an IVA?

IVA Advice: How long will the IVA last?

IVA Advice: Can creditors change their minds if the IVA has been agreed?

IVA Advice: How much will the IVA monthly payments be?

IVA Advice: When is the best time to do an IVA?

IVA Advice: I am self-employed. Can I do an IVA and continue trading?