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Credit Card Debt Credit Card Editors Choice Protected Trust Deed 

Borrowing To Live

I found myself in around £15,000 of debt and every penny I earned just paid interest on my credit cards, forcing me to start borrowing to live each month. It began almost as soon as I turned 18 when I received a pre-approved credit card application through the door within days of my birthday. Even though I completed the application and got the credit card through the door as was promised, I never used it straight away. I waited 3 months and only used it to buy some Christmas presents…

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Debt arrangement scheme (das) experience Debt Arrangement Scheme Editors Choice 

How DAS Solved My Debt Worries

A debt arrangement scheme (DAS) was the perfect debt solution to solve my debt problems due to it’s ability to freeze interest and charges. I was 28 and found myself in about £7k of debt, most of which i had built up slowly, ignored and never really worried too much about it. Then i suddenly found myself earning good money and started considering my future, such as applying for a mortgage or investing money. I realised my credit rating had taken a hit because i had ignored the letters from…

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Personal loan debts experience Editors Choice Loan 

A Little Loan But Big Problem

I took out a personal loan when we needed to have our roof repaired and a new conservatory built but we never expected to get into debt. The loan was for £5000 and it was through a high street bank, which meant we weren’t paying high interest or charges on it every month. The repayment was over 2 years and was within our budget, however we couldn’t have foreseen the additional problems we were about to face. The workmen had quoted us £1000 to fix our roof which was badly…

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