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

Young drivers can 'prevent ' debt problems

Young drivers can 'prevent ' debt problems

- Wednesday, 2 June 2010

New drivers could reduce their chances of suffering debt problems by making careful initial decisions when buying a car.

Costs such as the car itself, insurance and petrol mean that young drivers will have to spend potentially substantial amounts of money in order to get on the road.

For those who overspend, debt problems could ensue.

Confused.com, the comparison website, states that the cost of driving for 17 to 20-year-olds increased by 6.6 per cent in the first quarter of 2010.

Will Thomas, head of motor at confused.com, said that new drivers can easily reduce the initial costs incurred by going online and comparing prices for must-haves, such as insurance cover.

He added: "It only takes a few minutes and can save a substantial amount. All insurance companies rate young drivers differently and it's only by comparing them all side by side that you can get a true picture of the best deal."

It is also recommended that people buy a small-engine car to begin with such as a Ford Ka or Vauxhall Corsa, try to build a no claims bonus and take the Pass Plus, which shows insurers that the driver is serious.

It was the 75th anniversary of the driving test yesterday (June 1st).ADNFCR-2300-ID-19813016-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...