Debts.Org
as rising petrol and fuel bills, food prices and likely increases in council tax push many people to the financial brink this year.
Around 28,000 people will become insolvent in the first three months of 2008, a third of them because they have spent too much over Christmas, according to forecasts recently announced. Latest figures show the average amount owed by someone with debt problems is now an alarming £30,000, and one person in four finds their debts unmanageable. Debt can mean a terrible choice between not eating, having the power cut off, or both, but this doesn't have to be the case. Help is available.
Debts.org is an independent resource centre for people serious about sorting their finances, designed to increase consumer understanding across all areas of personal finance, as only the well informed can make the right financial decisions.
Ryan Howsam, Debt.org’s founder says: “It is a harsh reality that for many people in the UK, debt is a way of life, not just to the low income demographic, but affects the entire spectrum. Although consumer debt has been on the increase in recent years, what is more worrying is that for those that seek help actually end up deeper in debt, with many organisations pushing towards debt consolidation instead of exploring all the options. Debts.org is unique in that we first and foremost educate the consumer, exposing the myths and more importantly, providing alternatives to suit individual situations.”
Being in debt all to often becomes a way of life, but Mr Howsam goes on to say: “If you are really serious about getting yourself financially straight, it is vitally important that you abandon all thoughts for the time being of taking a holiday, getting a better car or replacing your temperamental VCR or DVD player. Many people roll out this sort of excuse: "I've got huge debts of £30,000 -- so another £500 won't matter! And besides, I really need a holiday because I've
been worrying so much recently!" but taking financial control of your life far out ways the quick fix of retail therapy.”
Debts.org provides debt advice and solutions in all aspects of personal finance, from bank accounts and charges, credit cards, bankruptcy, IVA, as well as, loans and mortgages. So if you are concerned about your debt or would simply like to get the most from your money, then Debts.org’s impartial advice can help as an information tool, dedicated to you the consumer.
Visit www.debts.org today.
Editor’s Note: Debts.org is represented by online advertising consultancy, Top Position. Please direct all press queries to Billy Howe. Email: billy@topposition.co.uk or call: 0800 094 9001.
Photo:
http://www.prlog.org/
