If you missed a payment to your credit card debt, what would you do?

Monday, 10 August 2009

Debt advice

Debt advice is pretty much the same as debt help - so instead of boring you with the same information I will give you an example of debt advice. Last time, I explained what budgeting was, and this time I will explain what a debt solution is.

A debt solution could be suggested to you after you seek debt advice. Your debt adviser may assess your situation and decide you need a debt solution. A debt solution is something you can enter to help you repay your debts.

Some debt solutions are formal - meaning they are legally binding, while others are informal - meaning they aren't legally binding.

Debt advice may lead to a debt solution, but then again it may not - you may be fine with a little bit of debt advice!

No comments:

Post a Comment