Where Can I Get Advice And Help On Paying Bills And Getting Out Of Debt?

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This is a question I get asked a lot over not just the years, but more in recent times. The economy and world is changing, and with the Pandemic throwing a spanner in the works, many people saw a loss, or reduction in income. Today we are facing epic inflation rates, and utilities are increasing, […]

I Need Some Advice On How To Handle My Debts Now That I Am Redundant.

Question Jon, I have £20,000 of debt from a few credit cards, and some consolidation loans. I tried to consolidate the credit card debt on 2 occasions but I just kept using the cards. I was on furlough due to the virus, but have now been made redundant. There are jobs to be had, but […]

What Is The Quickest Way to Get Out of Debt?

There are many ways to get out of debt, and each has its own rules, guidelines, eligibility requirements, and also timelines. Some ways to pay off your debt can take years, some can take much less. Before we go over the quickest ways out of debt, let’s look at some of the other options to […]

Is Being in Debt Bad?

I get asked a lot of questions over the years: Can I travel if I am in debt? Will I get stopped at the airport if I have debts? Can I get a Visa if I am in debt? Am I responsible for my partner’s debts? How to get out of debt? That is a […]

Will Consolidating My Accounts Get Me Out of Debt Quicker?

Question Jon, I have £6,000 of debt between 2 credit cards and a personal loan. I am not in arrears, but am looking at a quicker way to pay these accounts off. I looked in a consolidation loan, and I have been pre-approved or the bank’s eligibility checker says I could get the loan. Any […]

Help, I am Being Harassed By a Collection Agency!

Question How do I get a collection company to stop contacting me? Answer You can send them some form of correspondence either in either an email, and/or in writing via the post, requesting they cease communication with you. The issue with this is that you then may no know what they are doing, meaning they […]

Can I Get a Mortgage in Canada With Unpaid Debts in The UK?

Question I lived in the UK as a student for a few years and left the UK 2 years ago. When I left I had some unpaid bills, a credit card, an overdraft, and a mobile phone contract. In total I owed about £4,000. I now live in Canada and am getting a mortgage to […]

Is Student Loan Debt Worth It?

Question This is sort of debt related, but also just seeking advice. My parents want me to go to uni next Autumn, which is OK. It costs £9,000 a year, and my degree will take 3 years to complete. In addition to the tuition costs of £9,000 per year, I also will have other expenses. […]

How Can I Find Out Who I Owe?

Question Jon, I defaulted on 2 accounts a few years back and just gave up and forgot about them. I didn’t open my post or read my emails, as I knew they were from the banks. I just wanted to run away from it all. I am back working now and want to pay these […]

What Can I Do To Get out of Debt?

Question Hi Jon, I need some advice on how to get out of the debt I am in. I owe £35,000 due to my business failing, and another £10,000 in personal debts. I am the Director of the company and guaranteed all the business loans. I am back trading, but not at the level I […]