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

When we joined Debt Advisory Line we were in a terrible financial situation. We made one call and joined straight away after receiving brilliant proffesional advice. The personal service is fantastic and not a lot of companies offer this...

Sacha

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

2.4 million Additional debt management enquiries
Wed 19th May 10 - 8:26

Staggering figures show the true demand for debt help in the UK...

The Citizens Advice Bureau (CAB) annual statistics reported that an additional 2.4 million enquiries for debt advice were received by its call centres in 2009 compared to 2008.

The CAB report shows that debt advice makes up 34 per cent of all enquiries received for the year; the largest topic of advice sought by CAB callers.

Compared to the previous year in 2009/10 debts owed to private bailiffs increased by 38 per cent. A total of 19,090 enquiries regarding private bailiffs were made compared to 13,845 the previous year.

Chief Executive of the CAB, David Harker said "We know from our frontline that the human impact of the recession is far from over for people who have lost their job or their home, or both, in the past two years. Yet, there are millions more people struggling with debt and poverty, or missing out on welfare benefits, that Citizens Advice Bureau want to be able to assist."

Between April 2009 and March 2010 the CAB advised on 7.1 million issues which is an increase of 18 per cent on the previous year. Enquiries regarding mortgage and secured loan arrears increased by 21 per cent over the same period.

David Harker continued "We were able to help more people last year thanks to some generous additional funding from the government and many local councils.”

"However much of this was short term, and our network of community based services, which rely on the generous help of 21,000 volunteers, may not be able to help as many people in future if funding is cut. It is absolutely vital that we are able to continue to provide the invaluable service we deliver to local communities without risk of major cuts.”

Craig Gedey at Debt Advisory Line said: “If government cuts are carried out people will still need professional debt management advice to help them find a solution based on their personal financial circumstances.”

“Getting reliable and helpful advice is key when speaking to any organisation about your debts. At www.debtadvisoryline.co.uk we understand how stressful debt can be and we offer advice on all financial solutions, specific to your needs.”

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