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Have you been mis-sold PPI?

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Have you taken out a loan, credit card or mortgage? If so you may have been mis-sold Payment Protection Insurance (PPI) and you may be entitled to claim £000's in compensation. Click here to find out more
Prepaid Cards
Benefits of Prepaid Credit Cards
 
Prepaid cards are payment cards that can be preloaded with your cash. Many families with teens and college students are choosing prepaid cards for the right balance of independent decision-making and parental control.
  • Spending independence - You can use prepaid credit cards just like regular credit cards. 
  • Convenience - Prepaid credit cards can be used everywhere Visa or MasterCard is accepted e.g. shops, petrol stations, restaurants, cinemas and online.
  • Budgeting - You control how much money is loaded and it is a simpler way to keep track of your money compared to carrying cash.
  • Safer than cash - Unlike losing that twenty pound note, with prepaid credit cards you're protected from unauthorised transactions if the card is lost or stolen.
  • Teaching tool - Prepaid credit cards can help you or your teens learn financial responsibility and good money management skills. Prepaid credit cards are a hands-on tool that teaches teens about finances in a controlled environment. You can monitor the balance and where the card is used either by going to your password-protected website and reviewing the transaction history and online statement in detail or by telephone.
  • Security: Since the card can be charged only up to the value of the pre-loaded fund prepaid cards are ideal if you are uncomfortable giving out your credit card numbers over the internet. If your details were stolen then thieves could not make an excessive charge using your card.
  • Gift giving - Parent-approved gift givers can also fund the card for general purpose spending or with company specific virtual gift certificates.

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Debt Management Plans

A Debt Management Plan is an informal process of negotiating with your creditors to:

  • Freeze interest
  • Negotiate payment terms
  • Provide peace of mind that you are taking action against your debts

 

Bankruptcy

Bankruptcy was traditionally seen as the ultimate financial humiliation for people with debt problems. but more recently people declare themselves bankrupt for much smaller sums of money. In fact, since 1997 when labour came into power there has been a 100% increase in bankruptcy. Bankruptcy

 

IVA's

The offical debt repayment plan. Reduce your debt by upto 70% , freeze the interest and get legal protection from the companies you owe. IVA's

Trust Deeds

Trust Deeds are dealt with more privately unlike a bankruptcy which is formally published. All interest and charges will stop and after 3 years you are debt free!  Trust Deeds