Debts in the News
822 pensioners each day enter into poverty
The number of pensioners living below the poverty line in the UK has rises to 2.5 million in June 2008, the first increase since 1998. [more...]

Mortgage Lending Down 19% as Cost of Mortgages Rises.
Mortgage lending remained slow in May 2008 with total lending down 19% over the year, says they from the Council of Mortgage Lenders (CML). Tightened lending criteria and falling confidence in the housing market contributed to a £5bn fall in the value of mortgages advanced - from £31.5bn in May 2007 to £26.5bn last month. The CML said the Bank of England's data on mortgage approvals for hous [more...]

An Ethical Current Account

A viewer of BBC2's Working Lunch TV programme asked if any UK bank offers an ethical current account. The answer was yes, but presently only one bank provides such a service. [more...]

Beware of Loan Applications on Finance Comparison Sites
The temptation on a Money Comparison website is to always apply for the lowest APR loans. However if you don't have a very good credit history, this could make it worse. [more...]

 Debt Management Arlesey, Bedfordshire

Debt Management Arlesey, Bedfordshire

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Abacus offers Free Advice on Debt for peeole in Arlesey

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Arlesey Debt Management Company

Debt Management can reduce your monthly repayments by up to 70%. All existing credit cards, loans and other problem debts are consolidated into one lower monthly payment. Submit the Instant Advice form and we'll explain how you may be able to pay back less than you owe, but still clear all your debts. more »


Debt Consolidation Loans

Refused a Loans ? We can help you find a secured or unsecured debt consolidation loan. Even if you have bad credit, a County Court Judgment (CCJ) or have bad credit and been declined a loan already, we can help. We specialise in Debt Consolidation solutions of all types, offering free advice as to your best option. more »


Repossession Help in Arlesey, Bedfordshire

Abacus have experience in managing to stop home repossessions in Arlesey, Bedfordshire, even those on the very brink of personal disaster. We can help if you are a homeowner with mortgage arrears, council tenant or with a housing association. It's never too late to get help. more »

Bankruptcy Advice & IVAs

Avoid Bankruptcy. An IVA may be the solution. This is a legal process offering an alternative to bankruptcy to those with unsecured credit repayments they can't afford. Become debt free in 60 months with up to 70% of all debts written off. Impartial advice, free consulation. more »

Debt Help Information & Guides

A series of informative articles to help and advise UK Citizens who are experiencing financial problems. more »

"We can be managing all your debts within 24 hours"

Debt Management Examples

Our database of real debt managament case studies shows how debt management helps people with wide range of financial and personal circumstances.

View Debt Management Case Studies »

Example Debt Management Cast Study:-

Self employed contractor gets nothing when owed £8,000.

Debt: £6,700 Was paying: £458/month
Now paying: £200/month
Client X is a self employed and contracts work from another business, however, this business has gone bust still owing him £8000. The official receiver has advised the Client X that he will not receive any money and this has caused him financial difficulty. 9 months ago he had no debts, now he's paying back 2 loans and making minimum payments on several cards. Debt Management allows him to start clearing this debt at an affordable wait without having to borrow again.
static link to this case study: DMCaseStudy6.asp

Debt Management FAQ

Got a question about our debt management service?
View Debt Management FAQ »

3 Random Q&A's from the database:-

1. What do you charge for this service?

So that we can initially set up your programme and negotiate with your creditors, your first month's payment covers our implementation costs. After that, our ongoing administration charge is 17.625%. This is included in your agreed to be affordable monthly payments - not added on top.

2. Can I do debt management if I already have CCJ's against these debts ?

Yes. You can even use the plan to make payments against any existing CCJ's that you have. Just make sure that we know exactly what your current situation is when you talk to us before coming on plan.

3. How long does a Debt Management programme last ?

Until the debts are repaid in full. As your are making reduced payments, this will be longer than the terms of original credit agreements and may incur addition interest costs as the terms of the credit agreement is longer. However, normally interest charges are frozen when a debt becomes part of a debt management programme.

As part of our initial consultation with you, we will provide you with an estimate of the likely time you will be on plan. Please understand that a debt management plan is not an overnight solution.

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