Tough Times in the UK

The UK is seeing tough times. We all have to watch our spending patterns to make sure we do not fall behind on our payments. The Bank of England have released the results of a survey that show many UK Homeowners are now in negative equity and are struggling with debt.

Disposable income levels have fallen as we are seeing rising food and energy prices. The survey uncovered that 35% of people stated that higher household bills were the most frequent reason for not keeping up with bills and credit commitments. If you fall into this category and would like to work out what your disposable income is then the debtsolve disposable income calculator can help you to budget your finances.

If you are worried about debt and the recession contact debtsolve we are IVA specialists who can help you to consolidate debt and start to pay off your creditors with one affordable monthly payment.

If you have mounting debts and would like to know what your options are contact debtsolve. We will assess your financial situation and find the best option for you. If you qualify for an IVA you could see a large proportion of your debts written off after just 60 months. Act now as you don’t want to run the risk of filing for bankruptcy.

To read up about what is an IVA we have lots of information on the debtsolve site. Alternatively contact us to speak to a friendly advisor who can offer you free impartial debt help and advice. Our team of qualified advisors have helped lots of individuals back onto the road to financial freedom to speak to someone now you can call 0161 763 2670.