Call our debt helpline:

0800 157 7254

Existing customers helpline:

0800 093 5322

DEMSA OFT

Our customers

Many thanks for all your help in setting up our IVA you’ve been very patient with us, been a long haul but we’re there at last

E & G Mckay

Why Debt Advisory Line?

We aim to reduce debt in the shortest possible time. We are members of DEMSA - (The Debt Managers Standards Association). We adhere to the code of conduct as set out by DEMSA which aims to protect the interests of both consumers and lenders. The DEMSA code of practice is approved under the OFT (Office of Fair Trading) Consumer Codes Approval Scheme (CCAS).

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Glossary

Term Description
Joint & Several Liability When you take out a loan or overdraft in joint names then you are both liable for the full amount of any debt. If you fail to repay the debt then the creditor can ask you personally for payment of the full amount as you are not just responsible for your "half" of the debt. Note: - Credit cards are not normally in joint names, although you may have two cards as only one person with be the account holder.