The Debt Advisor Blog

CLICK TO APPLY FOR HELP

What is a default notice and what should you do if you receive one?

Receiving a default notice can feel alarming, particularly if you are not sure what it means or what happens next.…

View post

What is an IVA

An IVA is an Individual Voluntary Arrangement. It’s a formal, legally binding agreement between you and the people you owe money to…

View post

The Minimum Card Payment Trap

The Minimum Credit Card Payment Trap: How It Works and How to Avoid It. Credit cards can be a convenient…

View post

Trapped: The Vicious Cycle of Credit Card Debt

In 2024, the average credit card debt in the UK was £2,500 per household. The total credit card debt in the…

View post

FCA hits TSB with a £10.9m fine over treatment of customers in financial difficulty

The FCA has fined TSB Bank plc (TSB) £10,.9 million for failing to ensure customers who were in arrears were…

View post

Financial stress leads to a higher chance of illness

Financial stress is more than an emotional burden. It can quietly undermine physical health and significantly increase the risk of…

View post

What are the lifestyle benefits of being debt free? –

Being in debt is really hard and stressful, but finding a good debt solution can help you become debt-free.

View post