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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 |
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).
Finance News
IVAs garner respect on financial markets
Tue 11th Oct 11 - 14:17
IVAs have become the subject of intensive trading on the capital markets. As the Financial Times has reported, major capital management group Pamplona recently managed to collect a whopping £100m for a vehicle containing loans connected to Individual Voluntary Arrangements from UK banks. Regardless of the underlying motivations for the…
CIPD predicts UK unemployment will peak at 2.8m
Thu 31st Dec 09 - 9:30
The Chartered Institute of Personal Development's latest forecast predicts that unemployment levels in the UK will peak at 2.8 million in 2010. They believe the number of individuals who are out of work will continue to rise for at least the…
Banks win but consumers should still hope for a better future
Wed 23rd Dec 09 - 16:35
An article published in Metro on Wednesday 23rd December confirms the news from the previous day that "Banks were given the green light to continue with "rip-off" overdraft charges after the trading watchdog ruled out continuing its legal fight. The Office of fair Trading said it would not…
Goodbye to a 350 Year Tradition
Tue 22nd Dec 09 - 9:00
The UK Payments Council have announced that cheques will be phased out by October 31st 2018 as long as a suitable alternative can be found. The Council believe that there should be "no scenario" for needing to write a cheque by that date…
Mortgage Lenders still have trigger fingers
Mon 21st Dec 09 - 10:45
A recent study titled 'Turning the Tide' issued jointly by three UK charities (Advice UK, Citizens Advice & Shelter) claims that lenders in the UK are still guilty of failing to exhaust all possible options available to keep people in their homes. It would appear this…
Further articles from Debt Advisory Line
- Can you improve the way you manage your money? - Mon 14th Dec 09 - 11:00
- Interest Rates left alone but personal debts continue to mount as Christmas approaches - Thu 10th Dec 09 - 17:00
- Consumers bank on Debt Advisory Line for hassle free money management - Wed 9th Dec 09 - 9:30
- UK poverty levels rising since 2004 - Tue 8th Dec 09 - 9:45
- Supreme Court rules against banking refunds - Wed 25th Nov 09 - 19:30
- In Spring 2010 you could declare yourself bankrupt online - Mon 16th Nov 09 - 9:00
- Don't be a seasonal spendthrift with a festive financial hangover - Thu 5th Nov 09 - 8:00
- Statutory Debt Management Scheme - Mon 10th Aug 09 - 9:18
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