Debt affects your entire life.
It finds its way into your home and wakes you up in the middle of the night. It stops you from enjoying yourself and buying essential, quality products you need every day. The first thing to understand is that debt isn’t the problem of your money concerns; it’s the product of it. Efficient, effective and professional advice can help you organise your outgoing savings and set up a plan of action to tackle the problem.
The Action Plans
There are many ways to tackle your debt problems, and these all depend on what kind of debt you find yourself in. If you find it a struggle to pay your general outgoing payments such as rent, mortgage, bills etc., your debt problems aren’t in what is called a ‘crisis’ situation. You have the money to pay, you just need to manage how you spend.
If, however, you find your debts are increasing without being paid back year after year due to your credit card usage, it means you’re using borrowed money and this can create a greater problem.
Debt advice can help you find a solution to all of your problems. It won’t happen overnight and it is a commitment, but slowly and surely you’ll be rid of your debts and able to sleep again.
What Debt Advice and Solutions Do We Offer?
Giving the best debt advice in Scotland we have several debt plans in place to get you back on your feet. Our professional, experienced staff are on hand to advise you on which plan will best suit your individual debt problem.
Debt Management Plan
If you find yourself struggling to meet your monthly repayments, our Debt Management Plan is an informal agreement which allows you to make a single, affordable monthly payment.
Our Trust Deeds are a legally binding agreement between you and your creditors. The Trust Deed works on an agreed, affordable monthly payment (usually over a period of 4 years) to help you meet the demands of your creditors without breaking your bank.
Debt Arrangement Scheme (DAS)
DAS is a statutory debt management scheme set up by the Scottish government to help people repay their debts, trouble free. The DAS works by freezing your fees, interests and charges on your debt from the date your Debt Arrangement Scheme is approved in order to help you make the repayments.
Each scheme works differently depending on your circumstances and the nature of your debt. To ensure you get the best plan for you, be sure to call us on 0800 011 2322 and we’ll talk you through your options.