Debt Advice

Debt Management has become a giant industry over the past 10 years.

Many companies report to be able to help you get out of debt quickly. However there can be significant downsides to the methods used with tools like IVA's and debt consolidation loans. Used wisely, and in the right circumstances, these are great options, but you are better to go into the decision informed and not to take it lightly.

In this section the Credit Geeks unpack what your options are for getting out of unmanageable debt. We break them each down in detail and then highlight the various pro's and cons of each, so you can make the best choice for you to get our of serious debt quickly and confidently.

Debt Management

Debt Management

The introduction of the IVA has given rise to thousands of debt management companies promising the world. There are some rather crucial questions... Continue Reading →
Debt Management Plan Explained

Debt Management Plan Explained

What is a Debt Management Plan? A debt management plan is a course of action for people who are deep in debt and usually have a severely damaged... Continue Reading →
Debt Relief Orders

Debt Relief Orders

Many people that are struggling, but are DRO's really the answer to your woes? In many cases those that are now struggling to repay their... Continue Reading →
Why Get Into Debt?

Why Get Into Debt?

Good reasons for getting in debt. Most of this section of Credit Geeks is about getting out of serious debt, but we wanted to take some time to... Continue Reading →
Negotiating Credit Card Debts

Negotiating Credit Card Debts

For some people credit card spending has brought them to a point where their credit card debts have piled up so high, that meeting even the minimum... Continue Reading →
Personal Bankruptcy

Personal Bankruptcy

Personal Bankruptcy Advice Bankruptcy is a legal procedure whereby an individual or business that has become incapable of paying their debts will... Continue Reading →

UK Debt Consolidation Help

Smaller debt amounts usually have higher Interest Rates. For example, £20,000 in total from five or six lenders, can have an overall APR... Continue Reading →
Get Out Of Debt

Get Out Of Debt

Getting out of Debt and Staying Out of Debt. You might think that getting out of debt and staying out of debt, would be accepted universally as a... Continue Reading →
IVA Advice

IVA Advice

IVA – Individual Voluntary Agreement Advice Individual Voluntary Agreement or popularly known as IVA, is a legal contract between the... Continue Reading →

Mis Sold Payment Protection Insurance?

It would be fair to say that the mis-selling of Payment Protection Insurance (or PPI) by UK banks over the last decade or so has been one of the... Continue Reading →

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