The Debt Survivor

How long will it take me to pay off my Credit cards?

Posted on 16. Dec, 2009 by UK Liquidation.

I speak to a lot of people who say things like I dont really
have any debt problems, Ive just got a couple of credit cards and I can afford
to make the minimum payment each month, so Im not really worried
When I then ask them if they have any idea how long this
will take to [...]

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“The most powerful force in the universe is compound interest” Albert Einstein.

Posted on 16. Dec, 2009 by UK Liquidation.

Einstein was right (not for the first time in his life)
about compound interest. It is indeed the most powerful force in the universe.
Unfortunately though, most people are suffering from this
force. A few days ago I posted a blog
entry entitled How long will it take me to pay off my credit cards. This blog
entry used an [...]

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IVA’s

Posted on 16. Dec, 2009 by UK Liquidation.

Individual Voluntary Arrangements The Advantages
IVAs dont suit everybody, but for those who do meet the criteria, the benefits are fantastic:

You can legally write off up to 75% of your debt.

You can reduce your monthly repayments by calculating how much you can afford to repay each month & then make [...]

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