Debt Tip #3
Plan ahead
If your fixed rate mortgage is coming to an end, don't wait until 4 weeks before it does, get the ball rolling about 10 weeks before.
Plan ahead
If your fixed rate mortgage is coming to an end, don't wait until 4 weeks before it does, get the ball rolling about 10 weeks before.
The CAB has reportedly said that 1.7m people sought debt counselling last year, with 40% of people suffering from credit card and other unsecured loan problems.
The worrying rise was the number of people struggling to meet day to day expenses like phone bills and heating.
The CAB is seeking over 5000 new volunteers to help with its problem of handling over 6000 enquiries per day. With such a strain on it's services, the ability of professional debt management companies to pick up the strain is paramount.
Not only can DCM offer a professional and reputable service, but we can spend more time finding the right solution. The CAB do a wonderful job in helping people in all different areas such as noise problems, gambling and other worries, however when it comes to finances many people are realising the true benefits of letting debt professionals handle the matter.
Now that the world economies are getting shakey, the lenders are starting to be a little less forgiving (if they ever have been) towards debt problems. The CAB will generally give you some paperwork to try and DIY yourself out of debt, however DCM will take the matter off your hands for you and stop the nightmare of dealing with experienced trained professionals whose sole purpose is to get as much money out of you as possible regardless of the hardship it causes.