Lightside
The Courtyard
124 High Street
Nailsea
Bristol BS48 1AH
T: 01275 595006
F: 01275 859145
Too many people in the UK are getting into serious credit card debt and lots of them are not making the regular monthly payments and worse fail to take up Lightside's offer of free credit card debt advice!
Are you in credit card debt owing thousands upon thousands of pounds? 10, 20, 30 and 40 thousand pounds (or even more) owed to credit card companies?
You are not on your own - there are many, many UK consumers who owe far more than they can comfortably pay each month. With clever marketing, card companies too easily up people’s credit limits encouraging them to spend even more. The amount of credit card debt in this country we now owe is truly staggering – at last count over £63 BILLION is owed.
Gone are the days of fast and easy cheap credit, and in this period of austerity card companies are turning down more and more applications from people trying to continuously shift their debt to get 0% or low interest deals. Consumers are now waking up to the cold hard reality that the holiday or TV bought on a credit card 2 years ago has to be paid for somehow. The issue of debt will not go away easily and “sticking your head in the sand” certainly won’t stop debt collectors or bailiffs knocking at your door.
One simple phone call to Lightside can solve your credit card debt problem. We can provide you free debt advice on sorting out what you owe on cards – a completely bespoke plan that’s suited totally for you. And as we said our actual debt advice for you to sort out your credit card problem is completely free.
• Do you feel sick to the stomach if you think about your credit card
debts?
• Have you consolidated your credit card debt before only to see it
quickly build back up again?
• Do you avoid answering the phone just in case it’s someone demanding
money?
• Are you getting threatening letters from creditors?
• Are your accounts being turned over to debt collectors?
• Are you using one credit card to cover minimum repayments on other
cards, or using credit cards to pay for your bills, food, petrol or
mortgage repayments?
• Are you ignoring those bills that should take priority such as the
mortgage, rent and council tax?
• Are you worried about losing your home or your car?
You’re not alone. Many people experience a serious financial crisis some time in their lives and credit card debt is just one of the many that can cause a problem. With careful cuts and reduced spending they often can be overcome in a shorter space of time than you might think. Your financial situation doesn’t have to go from bad to worse – call us on 01275 859143 now for completely free credit card advice!
Reduce your Credit Card Debt RIGHT NOW with these useful tips
The first step towards getting your credit card debt problems under control is to stop spending. This can only result in the problem getting much, much worse. If you really must use a credit card, at least try and take advantage of a 0% purchases deal (which is becoming increasingly difficult in this recession) and make sure you clear what you've spent on a regular monthly basis.
Before you make that purchase – THINK! Do you really need it or is it a luxury you can do without?
If you cannot stop impulse consumer purchases then preferably cut up the card, if you cannot do this then ask someone else close to you to do so. Cutting up your credit card will immediately stop your balance from increasing because of purchasing items you very likely don’t need.
Balance transfers are harder to come by since the financial crisis began and are not a long term solution to debt. 0% deals can still be useful if you are able to get a deal, allowing you to make a bigger dent in your debt quicker (if you can afford to).
If at all possible pay a few pounds extra every month to help clear your credit card debt – this technique can drastically reduce what you owe! If you only pay the minimum card payment it will take years to get rid of your debt – remember that a minimum payment may only cover the interest that is being applied every month.
An effective way to sort out your card debt is to try to find an unsecured loan with a lower rate than your credit card and then spread the monthly repayments over a long enough term so that your monthly payment is significantly reduced
This is a difficult and scary task for many people but it is one that is worth considering however Lightside’s experienced Debt Advisors believe you would be better off having a debt advisor help you do this.
If none of the above suggestions are possible then you really need to speak to one of our specialist credit card debt advisors who can discuss with you your options. Call us today on 01275 595006 to get free advice on dealing with credit card debt.
This is a difficult and scary task for many people but it is one that is worth considering however Lightside’s experienced Debt Advisors believe you would be better off having a debt advisor help you do this.