Call our debt helpline:

0800 157 7254

Existing customers helpline:

0800 093 5322

DEMSA OFT

Debt Example

Here's how a debt management plan can help you repay debt.
Catalogue £735
Loan £625
Credit Card £1,568
Overdraft £4,697
Total owed £7,652

Benefit of a Debt Management Plan

Current monthly payment: Term: 10 years (for credit card) £492
New monthly repayment:
Term: 3 years 8 months*
£222

Our customers

First Class! I couldn't believe how quickley and efficiently my settlements were dealt with. Thank you very much!

Mrs Pannell

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).

Latest Debt Management News and updates from Debt Advisory Line

Disappearing pension schemes a threat to debt levels

Disappearing pension schemes a threat to debt levels
Thu 26th Jan 12 - 11:31

  To many in the UK, the prospect of a generous pension scheme has represented a safe haven within a shaky economic environment. This support system may soon come under threat, however, as more and more companies are cutting down on or entirely eliminating their final salary pension schemes. According…


New rules against risky lending an important step forward

New rules against risky lending an important step forward
Tue 17th Jan 12 - 12:03

According to the Debt Advisory Line's Jim Rowley, new rules proposed by the Financial Services Authority (FSA) to reduce risky lending could mark an important step forward towards a safer housing market – and make for important indirect bankruptcy protection. Should the proposals by the FSA be implemented, a variety…


High youth unemployment figures spell trouble for debt levels

High youth unemployment figures spell trouble for debt levels
Wed 11th Jan 12 - 16:46

The alarming rise in youth unemployment figures could spell trouble for the UK's debt situation, the Debt Advisory Line's Jim Rowley has said. As more and more of those between 16 and 24 years of age find themselves struggling to find an occupation, not only were many of them likely…


Weak growth could send debt levels soaring

Weak growth could send debt levels soaring
Wed 28th Dec 11 - 15:06

If the autumn statement by Chancellor of the Exchequer George Osborne should turn out to be correct, the UK's debt situation may quickly deteriorate. Purportedly on the account of the current Eurozone problems and stingy bank lending, the economy looked set to grow at a snail's pace and far…


Co-operation key to stable repossession figures

Co-operation key to stable repossession figures
Tue 20th Dec 11 - 11:06

The Debt Advisory Line's Craig Gedey has stated that current feedback from the housing market proved that “the hard work and close co-operation of borrowers, lenders and debt advice providers is paying off“. Although, according to a recent report on the situation in the third quarter…


Further articles from Debt Advisory Line


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