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0800 157 7254

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0800 093 5322

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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

Joe Mini gave us an excellent service and made the whole process more easy to cope with and to get to a final resolution we are very appreciative

Mr Ralph

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

UK Mortgage market continues to slow
Mon 29th Mar 10 - 12:36

New figures released from the Bank of England show the number of mortgage approvals fell in February, continuing the slow start to 2010 for the housing market.

Mortgages approved for house purchases fell by around 1,000 to 47,094 and this was the third monthly fall in numbers since the end of the stamp duty holiday.

The savings market saw a jump in balances held; the Building Societies Association showed that balances held at mutual institutions increased by £807 million in February, the first increase for a year.

There have been many reports and reasons given for the slow start to the year for the housing market, mainly the end of the stamp duty holiday and the bad weather. New figures from the Bank of England and the British Bankers Association now show that this has continued in to the New Year;

The number of mortgages approved for house purchases was 47,094, lower than the previous 6 months which stood at 55,130.

The number of remortgages increased in February to 27,297 from the previous 6 months average of 25,985.

Craig Gedey, Marketing Manager at Debt Advisory Line said: ‘Home movers have been taking advantage of the Governments Stamp Duty Holiday and this has obviously helped bolster the UK housing market.’

‘You would expect to see the housing market pick up as we move in to spring 2010 and remortgage numbers continue to increase.’

‘Anyone looking for help with their debts and who is considering a remortgage should speak to a professional and DEMSA approved debt Management Company like Debt Advisory Line - Visit our web site www.debtadvisoryline.co.uk or call us FREE on 0800 157 7254 today.’

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