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

Thinking positive 'helps manage debt'

Thinking positive 'helps manage debt'

- Monday, 23 March 2009

Thinking positive could help to solve debt problems for people who still owe money on credit cards.

Financial services provider Nationwide explains that allocating payments "in a positive way" on credit cards can reduce interest charges by as much as £213 over the course of a year.

However, by paying off credit cards in a negative way, lenders could be making it more difficult for borrowers to manage debt.

Britons who are facing debt problems could be particularly keen to hear of the difference that can be made by paying off the highest interest-earning part of a credit card bill first.

And, as Nationwide points out, in America work is being done to make it compulsory for lenders to adopt such an approach.

More Britons might currently be looking to clear their debts, as Nationwide recently found out fewer believe the current financial climate is a good time to save than has previously been the case.ADNFCR-2300-ID-19086299-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...