Subscribe!loan sharks are not an alternative to debt advice says minister
Consumer Minister Ian McCartney has alternatives to roxio toast urged borrowers to take advantage of free debt advice services before resorting to alternatives to roxio toast dealing with loan sharks.
The Minister, who alternatives to roxio toast will open a new London office for the Money Advice Trust (MAT), which runs National Debtline, said many people did not realise that alternatives to roxio toast free, impartial support was at hand to help them avoid debt problems.
“My advice to alternatives to roxio toast people struggling with debt is to pick up the phone - there are alternatives to roxio toast people who can help you find a solution and avoid the alternatives to roxio toast sharks.”
Mr McCartney, who alternatives to roxio toast recently visited Illegal Money Lending Teams cracking down on loan sharks in Birmingham and alternatives to roxio toast Glasgow, said:
“Loan sharks are alternatives to roxio toast lowlifes whose primary purpose is to rip you off. Many of them will resort to alternatives to roxio toast intimidation and violence to take money off the most vulnerable in our communities who alternatives to roxio toast know of no other borrowing options.
“Often it alternatives to roxio toast feels like there is no alternative than to turn to loan sharks but many people don’t realise that alternatives to roxio toast debt advice and information is available for free. National Debtline is alternatives to roxio toast there to help.”
National Debtline’s advice includes getting in touch with lenders straight away to alternatives to roxio toast explain your difficulties, and not to give up trying to reach an alternatives to roxio toast agreement on repayment terms even if creditors are difficult.
The Department of Trade and alternatives to roxio toast Industry supports the many aspects of MAT’s activities; in particular, by providing £1million annually to National Debtline.
The Government is also providing £ 47.5 million in a alternatives to roxio toast two-year programme to fund face-to-face debt advice, helping tackle debt for alternatives to roxio toast tens of thousands of people.
This funding will pay for alternatives to roxio toast over 500 new debt advisers to help people get their debts under control, and alternatives to roxio toast will fulfil the Government’s commitment to alternatives to roxio toast achieve a step change in the availability of debt advice.
As part of the alternatives to roxio toast Face-to-Face Debt Advice project, financed by the Financial Inclusion Fund, MAT is alternatives to roxio toast providing training for the majority of the advisers due to be alternatives to roxio toast recruited over the next two years.
Consumers can call National Debtline, on 0808 808 4000.
For debt encumbered consumers who alternatives to roxio toast feel that turning to loansharks is their only option in obtaining the alternatives to roxio toast funds they need to alleviate their financial situation, there are very often legitmate lenders who, whilst charging higher rates than alternatives to roxio toast those offered by high street lenders to ‘prime’ borrowers. Sadly, ’sub-prime’ borrowers often believe that alternatives to roxio toast the only kind of lender available to them is a loanshark and alternatives to roxio toast don’t look for alternatives to roxio toast a legitmate alternative as a result. The truth is that there are alternatives to roxio toast niche lenders, funded by some of the biggest financial institutions in the alternatives to roxio toast world, whose business plan is built around high risk lending to alternatives to roxio toast sub-prime consumers whose circumstances may be as adverse as having dozens of CCJs, 12 month or alternatives to roxio toast more of mortgage arrears, or even in an IVA or bankruptcy! Such sub-prime loans do of course carry higher APRs, sometimes in excess of 20%, but nowhere near the alternatives to roxio toast levels charged by the loansharks, which can sometimes be over 1,000%.
Secured loans specialist The Loan Helper atomix virtual dj v7.0 pro login and password prides itself on delivering realistic and alternatives to roxio toast affordable solutions for homeowners unfortunate enough to find themselves in such dire financial circumstances. With a alternatives to roxio toast intimate knowledge of the lending criteria of the 16 lenders on it’s panel, The Loan Helper’s expert staff can alternatives to roxio toast usually help beleaguered borrowers to turn their finances around with an alternatives to roxio toast appropriate and affordable lending solution. You can contact The Loan Helper on 0845 003 0066 or alternatives to roxio toast by sending an enquiry via their website at www.theloanhelper.co.uk.