REVEALED: This is the little-known way out of debt is helping more and more Brits live debt-free every year.
Personal debt could be the next major financial crisis in the UK. British people have some of the highest rates of credit card debt across the world, and it's only getting worse.
Many Brits with large credit card debts end up turning to short-term/high-interest payday loans or just taking out more credit cards. These are risky and often force debtors further into the red. This causes many people lose control of their finances.
This is known as a "debt trap" - and once you're in it, it can seem like there's no way out.
Luckily, there is a way to escape 'debt traps' but most Brits couldn't tell you what it is.
Banks won't tell you about this method either, as your credit card debt is how they make money. Credit card debt makes banks millions of pounds a year!
This is hardly surprising when some banks charge interest rates as high as 45% to people with bad credit scores or that are financially vulnerable - and we let them get away with it...
The Way Out Of Spiralling Debt:
This is what most people don't know and banks won't tell you. Recently a piece of Government legislation was made to help people who are trapped by their debts.
This legislation is so powerful in the best case scenario you could have up to 80% of your debt completely written off. For many people it will reduce your monthly payments based on what you can afford. All you need to do is work with the right debt advisors.
Many agencies like UK Debt Relief specialise in matching people in debt with the perfect debt solution for their needs. They work with any unsecured debt, whether its credit card debt, payday loans or council tax arrears.
Loan-Free Debt Relief
The solution is out there - all you need is to find the right debt management service. That's where UK Debt Relief comes in. They can match you with FCA-approved debt professionals that can:
- Write off up to 80% of your debts
- Stop bailiffs and debt collectors chasing you immediately
- Reduce or freeze interest for you
- Renegotiate terms on your behalf - saving you money
- Restructure your debt into a single payment you can afford
All you need to do is find out if you qualify for the Government legislation. If you do it could be your only chance to escape your outstanding debts.
Find out if you qualify in 3 simple steps:
- Visit UK Debt Relief
- Complete the 20-second questionnaire
- Get a free callback from a qualified debt advisor who will help you write off your debt