Latest News 20th February 2007

Debt Problems – Remortgage Now

Analysts KPMG are predicting 100,000 personal insolvencies (bankruptcies) in 2007.
This is a staggering figure by any standards.

The point of no return

Once you have reached a time where your money coming in every month, is less than the money going out, you have reached that critical point. It is essential that you seek help.

Getting deeper

Many people take on more loans or increase their credit card debt in order to keep paying the existing loans and debt. This is clearly unsustainable, absolutely DO NOT DO THIS. It makes no sense to borrow to pay an existing debt and if you have already done so, you must speak to one of our highly trained debt consolidation remortgage consultants immediately.

Solution

If you have a property, there is a good chance you may be able to increase your mortgage to pay off your debt. We do infact find that homeowners are often paying far too much per month for their current mortgage and we can consequently reduce substantially the monthly cost by choosing a cheaper mortgage. We can then add your current debts to your mortgage and because the interest rate is lower on the newmortgage, the amount you pay per month may be about the same as the current mortgage, but of course, you have removed the debt and the monthly costs of the debt.
Whether you are beginning to find all of your monthly commitments difficult to cope with or you have had repossession proceedings issued against you, please call us now on 08000 83 63 43 and ask to speak to one of our debt consolidation remortgage consultants. You will find us fast, efficient and understanding.