London Olympic Credit Card Ticket Gamble could leave thousands in debt

April 27, 2011 - PRLog -- As reported by the consumer group Which? The scramble for the London Olympic Games in 2012 may leave thousands of individuals with a debt that they cannot afford to repay due to over-purchase of tickets.

The group highlighted that tickets won through the lottery system may not necessarily be resold and the end result is that those purchasing multiple tickets in hope of making a profit could be left out of pocket with unsold ticket allocations.

The Scottish Trust Deed introducer TrustDeedScotland.net has urged anyone in Scotland to think carefully before doing likewise and to resist racking up a credit card debt in exchange for the gamble of a premium Olympic ticket.

The Scottish based debt solution provider have previously launched the ‘Jump the Debt Hurdle 2014’ campaign which is aimed at helping individuals with debts to seek help with their debts in time for the Glasgow Commonwealth Games in 2014.

A spokesman for the group advised “As a leading ethical debt solution provider in Scotland, we must at all times urge caution when we speak about excessive credit card usage. We have already this year spoken to thousands of Scots in financial difficulties, many of which have had debt from credit cards within their overall debt balance.

While Credit Cards provide useful and practical benefits, overuse should be avoided.

A common reason that people find themselves with insurmountable debt problems is due to an unexpected change in circumstances and that is when most people tend to struggle with interest charges of credit cards, especially those credit cards and loans with a higher APR.”

If you live in Scotland and you experiencing difficulties repaying unsecured debt that you owe, a Scottish Trust Deed could help you to get your finances back on track. If you act now, you too could be debt free by 2014.

All advice given by Trust Deed Scotland is strictly confidential and without any charge. A Scottish Trust Deed has help thousands of Scots each year to clear debt and Trust Deed Scotland are a company who do not believe in charging setup fees or any other hidden ‘admin’ costs.

http://www.trustdeedscotland.net/scottish-trust-deeds.php

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Trust Deed Scotland are an introducer of Trust Deeds in Scotland. The company website can be used to get free online quotes from providers with no setup fees.