ReleaseWire Connect

It looks like the time lag between the beginning of recession in the UK and Britons losing control of their finances may have lapsed.

As provider of your debt management plan it is important we make you aware that many of the statements about loan agreements are not only untrue but dangerously misleading.

January 18th 2010, dubbed ‘Blue Monday’ is known as the most depressing day of the year – that fateful day when Christmas overspending threatens to catch up with you. The final full week of January is when the culmination of Christmas debts, broken new year resolutons, the return to work after the festive break and the extreme bad weather, combine to create a day of misery for many of us.

A Staggering one million UK households have used a credit card to pay their mortgage or rent during the last twelve months according to a new report from the housing charity Shelter.

Debt Advisory Line are urging those with debt worries to take professional debt advice after recent research found eight out of ten people are concerned about their financial health.

According to a report in the Guardian newspaper on Friday 13th November 2009 the UK Government is set to announce proposals that would allow individuals to declare themselves bankrupt online. This would avoid any court involvement which in certain parts of the country are seeing a three month delay in the granting of bankruptcy orders.

According to a report from the Bank of England in September of this year the United Kingdom population owes a staggering £233bn on credit cards, unsecured loans and overdrafts.

Debt Advisory Line has won the coveted title of Debt Management Provider of the Year Award for the second year running at the prestigious Insolvency & Rescue Awards in London.