Debt Fixers is changing!

Please be advised that as of 3rd October all future correspondence from us will be sent from our parent company Money Debt and Credit Ltd.

This in no way effects your debt management scheme with us and you don’t need to do a thing. We simply like to keep you up to date with our ever-growing organisation.

Debt Fixers is a trading name of Money Debt and Credit Ltd; so don’t worry, you are still dealing with the same helpful staff!

If you have questions, don’t hesitate to get in contact on 0800 7076108

Click here to redirect or you will be automatically redirected to the Money Debt and Credit website in 30 seconds

Debt problems are unique to the person so debt advice should be sought

Debt problems are unique to the person so debt advice should be sought

- Monday, 31 January 2011

Consumers dealing with debt problems should seek debt help unique to them as no two circumstances are the same.

Such is the opinion of David Rodger, managing director of the Debt Advice Foundation, who also stated that every debt problem is individual.

He made these comments after the Prudential revealed that 21 per cent of people will be in debt when they retire in 2011, with the average owned amounting to £33,100.

Mortgages and credit cards are the main cause of these debt problems, with over half of those experiencing money worries owing money on both.

Mr Rodger said: "In the last five years we have seen an increase in people entering retirement with serious levels of unsecured debt.

"This is because we're beginning to see the first generation of credit card users reaching pension age."

The Prudential also found that one in 20 people will retire with debts amounting to over £50,000. This increases to one in ten for men aged over 65.

 ADNFCR-2300-ID-800373928-ADNFCR
Latest Debt Management Plan NewsDebt Management Plan News ArchiveContact us to discuss Debt Management PlansEmail this article to a friendSubscribe to our RSS Feed

Recent Debt Management Plan News

56% of Brits have no life insurance which could leave family with debt problems

Wed, 04 May 2011
More than half of UK adults currently have no life insurance cover, which could mean their loved ones are left with debt problems when they die...

Brits thinking about retirement advised to seek debt advice

Tue, 03 May 2011
Consumers considering their retirement options have been advised to seek professional advice, as they may end up with debt problems in the future...

Brits planning to attend a wedding should start saving to avoid debt problems

Thu, 28 Apr 2011
Consumers concerned about getting into credit card debt to pay to attend a wedding may want to use their savings instead...

Couples planning their big day can avoid debt problems by negotiating a cheap wedding

Wed, 27 Apr 2011
Couples-to-be worried about needing debt advice in the future after paying for a wedding can ensure they avoid accruing debt problems by negotiating a cheap wedding...