Debt Advice
We all want to be financially secure in our 50s, but what happens if you’re not?
Being in debt can be a major worry, especially if you don’t have the income to pay it back.
We at Our Place have been talking to the experts The Money Advice Service to bring you some top tips on how to deal with debt.
Help if your struggling with debt
Our Place has partnered with The Money Advice Service so you know where to get free debt advice, debt action plans and other tips to help you get in control.
Click here for more information on the following subjects:
• Where to go to get free debt advice
• Talk to the people you owe money to
• Quick access to cash – your options
• Prepaid cards
• Debt test
Rearranging debts to cut costs
Our Place has teamed up with The Money Advice Service to help review and prioritise your debts and reduce the cost of your card, loans and other borrowing.
Click below on the topic we can help you with:
• How your credit score affects the cost of borrowing
• How to reduce the cost of your personal loans
• Debt consolidation loans
• Quick and easy debt health check
• Should you save, or pay off loans and cards?
• Cut car finance, hire purchase and other finance costs
• How to reduce the cost of your credit and store card debt
• How to prioritise your debts
• Overdrafts – how to use them without breaking the bank
Your Credit Ratings
Our Place and The Money Advice Service are here to show you how your credit rating affects your borrowing costs and how to rebuild a poor credit rating after being in debt
Click below for assistance on:
• How to improve your credit rating
• How your credit score affects the cost of borrowing
Late payment letters and notices
Our Place has joined forces with The Money Advice Service to give you facts on how to deal with CCJs, enforcement notices and late payment demands and where to get free advice.
Click on the links below for insightful information:
• Mortgage arrears or problems paying your mortgage
• Problems paying your rent
• Talk to the people you owe money to
• Prioritise and deal with late payment letters
• Dealing with County Court Judgments (CCJs)
Dealing with debt disputes
Need help reclaiming unfair charges or needing to know where to get legal help if in debt? Our Place has teamed up with The Money Advice Service.
Click below to get the know-how:
• How to reclaim unfair bank charges
• How to reclaim mis-sold payment protection insurance
• Where to get legal help if in debt
