Are you struggling with mounting unsecured debt and finding it hard to meet repayments? There are various solutions to help you take control of your debts and finances. Everyone’s circumstances are different so it is important to find a debt management solution that appropriately suits your needs. At Countrywide Money we can help you manage your debt. Our debt advice is always objective and provided without obligation. Give us a call today to find out how we can help you take control of your debt.
Debt Management help
Our experts provide confidential debt management advice and could help you:
- Repay your debts without the need for a loan
- Freeze interest and charges
- Deal with your creditors on your behalf
- Have one monthly repayment – tailored to you
Debt management can lower your repayments, but it all depends on how much you have available to spend on your debt every month. Look at your income and expenditure. What do you need to spend your money on every month and how much do you have left over? What's left over is what you can realistically afford to spend on unsecured debts every month.
Your lenders would want to see your income and expenditure, to make sure that you are repaying a reasonable amount every month.
You could organise lower repayments with your lenders yourself - without any professional help - but it can be complicated. That's one way Countrywide Money can help.
Either way, lowering your repayments would be recorded on your credit record for six years. Lenders look at your credit record whenever you apply to borrow money, so this can make it harder / more expensive to borrow while it's still on your credit record.