How to Find Personal Debt Consolidation Help and Advice in Scotland, UK

Have you been struggling to find personal debt consolidation help and advice in Scotland?

  • Do you live in Scotland and need to find professional, trustworthy and reliable, personal debt consolidation help or advice?
  • Are you struggling to find a way to get out of debt?

Have you been told that the law in Scotland and solutions available to solve debt problems in Scotland differ to those available in England and throughout the rest of the UK?

If you live in Scotland and need to clear personal debt problems, there are a few widely recognised, and government approved debt solutions available to help you manage and more importantly clear unsecured personal debts such as Catalogue Debts, Credit Card Debts, Store Card Debts, Personal Loan Debt and other unsecured credit commitments you may be struggling with.

The following are links to an article that will help you understand better the different solutions available for Scottish residents to consolidate personal debts.

When considering which solution to explore to clear personal debt problems it is important to consider the total you will repay.

Usually you will qualify for one particular personal debt solution. However, if you qualify for two, it is important to make sure that you choose the correct debt consolidation solution that is right for you to move ahead with.

Debt Consolidation Loans are the first option people in debt tend to explore or apply for.  This can be a very expensive way of clearing debt if you do in fact qualify for the loan.  You should always check the total repaid and do not consider securing 2nd charge loans against your property if you are a home owner as the consequences can be very hard to deal with should you default.  This is because if you fail to keep up repayments on a debt or other loan secured against your home, you are at risk of losing your home due to repossession.

If you need to find reliable debt consolidation help and advice and would like to speak with a UK based trained personal debt consultant, please contact the Lewis Alexander Financial Management personal debt helpline using;

  • Call Free Today:  0800 018 6868
  • Lines are open 24 hours / 7 days
  • Calls to 0800 numbers are usually free from a UK land line
  • Calls from mobiles may be less expensive by using 0161 872 3383

Personal Debt Solutions that actually Work

How to find personal debt solutions that actually work!

The above are some of the questions that people suffering with personal debt problems think about on a daily basis.

  • These questions keep cropping up if the individual does not seek professional debt help.

Then, over time, the personal debt problem compounds and becomes a greater problem than it was originally. This often changes the debt solutions available for that person as time delays in dealing with a debt problem do not help and can make huge differences regarding what personal debt consolidation solutions are then viable when the person actually decides to deal with the debt problem.

If you think you have a personal debt problem and are struggling or having difficulty in finding a personal debt solution, you can contact our debt helpline 24 hours a day / 7 days a week in absolute confidence.

  • Call 0800 018 6868

At Lewis Alexander Financial Management we specialise in helping people to clear personal debt problems even if they have previously been refused credit or debt consolidation loans.

  • We use only bona fide personal debt solutions available to assist our clients out of debt.

These include Structured Repayment Plans / Debt Management Plans, Debt Consolidation Loans, an IVA or (Individual Voluntary Arrangement) which is the solution for personal insolvency in England. In Scotland a Protected Trust Deed is the alternative to the IVA in England, Wales and Northern Ireland. We may suggest a Debt Relief Order or even a remortgage if you are a homeowner with enough equity in your home to refinance.

There are more personal debt solutions available but the above is a selection of the most commonly used personal financial management tools in the last 10 – 20 years throughout the UK.

At Lewis Alexander we can help you to solve a debt problem if that is what you find you are struggling with. The more committed an individual is to getting help and sorting the financial problem they may have, the greater we are able to help that person.

  • Get in touch with a personal debt advisor today
  • 0800 018 6868
  • Lines are open 24 hours a day / 7 days a week and your call is usually free from a UK land line, mobile call costs may vary.

Debt Consolidation Advice and Help Services

  • Get the help and advice you may need to clear your personal debts for good!

We see and hear the same patterns all the time when speaking with a consumer struggling to consolidate personal debt.

  • People are always nervous when they feel threatened!
  • Being in debt threatens your entire life so it is totally understandable to be consumed by a debt problem!
  • Thankfully though, you can obtain debt consolidation help and advice to clear debts that may stop you worrying so much about them!

Getting reliable financial help and advice or information about personal debt solutions is always the first priority when tackling a debt problem.

Getting out of and dealing with debt is no different as you have to treat it as you would any other problem in life.

  • First … get the best information available from a reliable source
  • Second … Devise a plan of action to clear off the most important or expensive debts first
  • Third … Get your creditors to agree to your plan, then stick to it.

We hear so often that if people had faced the problem as soon they recognised their debts were getting out of control, the recovery process of clearing the debt could have been so much simpler or quicker.

Getting out of debt can consist of one or more of the following debt consolidation or debt management;

A debt management plan is normally a process of informally negotiating the reduction of interest being applied by creditors and extending the original loan term with your respective creditors. A debt management plan is not a legally binding agreement and does not guarantee that interest and charges will be frozen.

An Individual Voluntary Arrangement is a formal repayment agreement between you and your creditors that can freeze the interest and charges being applied and reduce the amount to be repaid in total. An IVA is a legally binding agreement which usually has a fixed repayment period of no more than 60 months with an exact end date. Conditions do apply especially if you are a home owner with equity in your property.

A Debt Consolidation Loan is a way of financial debt consolidation that allows you to put all your personal debts into one new debt by taking out a loan to pay them all off and then having one simple repayment each month. It sometimes means that you are paying less each month with a debt consolidation loan but can mean the debt is spread over a longer period of time.  This form of debt help is often the most desirable but not always the best advice for someone trying to get out of debt for good.

If you do not address personal credit card debts your financial life could become so hard to manage that you end up having to face entering or enduring one of the following consequences of being in personal debt;

Try not to let it get to this stage, there are alternatives to Bankruptcy.

Consolidate personal debts without loans

Consolidate personal debt without a loan

Are you trying to consolidate personal debt?

There are only a few options available in the UK for people to consolidate personal debt problems.

Debt Management Plans – A debt management plan is informal and you repay all you owe.

Individual Voluntary Arrangement or IVA – An IVA lasts for 5 years and is a legally binding agreement.

Debt Consolidation Loans – Place all your unsecured debts into one new loan with one payment.

Bankruptcy – The most severe option, all debt written off, conditions apply!

Please do not panic and rush into making a decision on how to clear or consolidate personal debts, for advice call our personal debt helpline in total confidence using,

  •  0800 018 6868

Loans to clear debts

Loans to clear debts

If you have been searching for loans to clear debts on-line and through the good old yellow pages or the Thomson local, you may have also been refused along the way for the credit you have been applying for.

When you are refused loans to clear debts or any type of personal loan for that matter, your credit score is usually affected by being marked down due to the refusal.  When a number of loan applications are made in a short period of time, the information is all recorded on your credit file, you can check your file with credit reference agencies, click the links below for further help regarding your credit score.

There are credit reference agencies in the UK. For details of how to order your credit report visit their web sites below.

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

Loans to clear debts can be very difficult to obtain, for a personal financial consultation, please call our personal debt helpline in total confidence using,

  •  0800 018 6868

Debt Consolidation Uk

Debt Consolidation is available in the UK in varying ways.  Some companies would prefer to offer you loans, some would like to advise you that a debt management plan or an IVA is the best debt help UK solution for you to clear personal debts.

Basically, it all depends on your circumstances as to which consolidation option you should choose to select to clear your debts!

For the correct advice and help on how to clear you personal debts, call our personal debt helpline today using,

  • 0800 018 6868