FREQUENTLY ASKED QUESTIONS
Q: Who can Clear Debt Direct Help?
A: Clear Debt Direct can help anyone with personal debts such as credit cards, personal loans, catalogues, store cards and even the Inland Revenue and VAT.
Q: Are there Other People in My Position?
A: If you have a problem with debt, you are not alone. There are tens of thousands of people in the UK today who are suffering with serious debt. The problem is that it is often very difficult to solve the situation yourself.
Clear Debt Direct specialises in helping you put in place the right solution.
Q: Does it Matter Who Is Owed Money?
A: Solutions can be found for Debts ranging from Credits Cards and Personal Loans, to Inland Revenue bills and trade creditors.
Q: How much debt can Clear Debt Direct deal with?
A: It doesn’t matter how much you owe, the staff at Clear Debt Direct are always available to give friendly discreet advice.
Clear Debt Direct can provide solution for people who owe a few thousand pounds up to those who owe hundreds of thousands.
Q: Will I have to Borrow More?
A: No Clear Debt Direct will recommend solutions which are designed to stop you from taking another unsecured loan. Furthermore, you will be left with enough money each month to pay for all your household bills without having to continually use credit cards in a “Robbing Peter to pay Paul” scenario.
Q: How much will it Cost?
A: Our initial consultation is free of charge. Clear Debt Direct will, without obligation, assess your situation and advise you of your options.
Where Clear Debt Direct is involved with the implementation of a solution, the charge for this service will be clearly explained to you and based on what you can afford.
Q: Will This Affect My Credit Rating?
A: Possibly, if you are in arrears with your payments it is quite likely that your creditors have already recorded this information into your credit history. However, when you successfully complete the solution recommended by Clear Debt Direct, you will no longer have debt to worry about.
Q: How Long Is It Going to Take?
A: On instruction, Clear Debt Direct will start to work on your behalf straight away and if necessary, your creditors can be contacted immediately
Q: Does My Employer Have to Know?
A: In general, your employer will not have to be told of your problem. However, there are certain circumstances (for example if you are a Police or Armed Forces) when it is prudent to let your employer know of your situation and that you are solving it responsibly and professionally. If in doubt read your contract and seek professional advice.
Q: Do All My Debts Have to be Included?
A: This will depend on your personal circumstances and the solution put in place. However, it is usually sensible to include all your debts in any solution so that you do not have to worry about the debt you left out “coming back to bite you” at a later stage.
Q: What effect will this have on my House?
A: If you have a debt problem, this may also affect your ability to keep up your mortgage payments.
Clear Debt Direct will focus on making sure that you are able to pay your mortgage and therefore are not at risk of your house being repossessed. Very often, the cheapest and fastest way to pay off your credit cards and unsecured loans is using some of the equity in your house.
Clear Debt Direct will discuss your options with you if you have equity available in your house.
Q: What happens if I have County Court Judgements / Mortgage Arrears?
A: Clear Debt Direct will review these circumstances with you and take them into accounts, when advising the options available to you.
ABOUT CLEAR DEBT DIRECT
· Clear Debt Direct provides discreet confidential advice and solutions for Personal Debt, Business Debt and Insolvency problems.
· Our aim is to help you find the best solution to solve your debt problem and then help you put that solution into practise.
· Clear Debt Direct offers a free confidential debt adjusting/counselling service which will help you understand your options.
· Clear Debt Direct can also offer a free home/office visiting service so that you can discuss your situation face to face with one of our Debt Management Advisers/Consultants.
THREE EASY STEPS TO CLEAR YOUR DEBTS
STEP ONE – Understand your circumstances and situation
· Clear Debt Direct will help you make sense of your current financial position helping you understand exactly what you owe and most importantly what you can afford to pay- your disposable income.
STEP TWO – Selecting the Right Solution
· Clear Debt Direct will explain all the solutions open to you. We will give you all the facts about each option and help you select the one which is most appropriate for your circumstances.
STEP THREE – Take Action
· Clear Debt Direct will work with you to put your debt solution in place. Our trained Advisers/Consultants are available to give support, advice and guidance throughout the process of both selecting and implementing the debt solution which is right for you.
REMEMBER:
Do not allow yourself to be pushed into one solution because the offer to massively reduce your monthly debt repayments seems too good to refuse. You could be making repayments forever when there might be better alternatives available.