Laura’s creditors all agreed to freeze interest and charges which meant that she could clear her debts
Laura and her partner separated leaving her as a single mother with a young daughter responsible for all the household bills as well as the everyday costs of living such as food, clothing and travel costs.
Apart from dealing with the anxiety of separation and coping with all the bills on her own, Laura also had debts in her personal name which had arisen whilst trying to support her family.
Laura was referred to The Debt Advisor in April 2019 and after giving careful consideration to all her options, decided that a Debt Management Plan was the best solution for her. She could afford to pay £200.00 per month to her creditors which at the time totaled £5,274.65.
Laura’s creditors have all agreed to freeze interest and charges which meant that she could clear her debts in 2 years and 9 months.
To speak to one of our advisors confidentially about debt solutions, you can call us directly on 0161 868 2500. You can also apply for debt help or contact our team.
The Debt Advisor Ltd is authorised and regulated by the Financial Conduct Authority (FCA) to provide debt advice to individuals. The Debt Advisor Ltd is on the Financial Services Register FRN 659920. Registered Office: 18-22 Lloyd Street, Manchester, United Kingdom, M2 5WA. Company Registration: 6248441. 0161 868 2500 | advice@thedebtadvisor.co.uk
No fee is charged for the initial advice. The fees, risks & benefits of all suitable solutions will be discussed. Fees apply if you enter a debt solution with us (for England, Wales and N. Ireland) and will affect your credit rating. An IVA will be listed on a public register.
Free and impartial debt advice is available at www.moneyhelper.org.uk
