Debt & Money Advice
You really can solve a serious debt problem CARA’s the leading provider of free and impartial advice on serious debt problems. We’re also the UK’s number one for IVAs. With larger amounts, an IVA can bring down repayments, freeze interest and end the hassle and stress caused by creditors demanding money. Whatever solution we recommend, honest, free advice is at the heart of our service. If you owe over £15,000 call CARA without obligation today. Call us on +44 (0) 844 478 0015 -Mob: +44(0) 795 695 2645 -Fax: +44(0) 872 115 8436 -Email: info@cara-online.org. Reduce your monthly repayments Whatever debt solution we recommend, be it an IVA, Debt Management Plan or Bankruptcy, honest advice is at the heart of our service and you won’t pay us an extra penny. Call CARA on +44 (0) 844 478 0015 -Mob: +44(0) 795 695 2645 -Fax: +44(0) 872 115 8436 -Email: info@cara-online.org. without obligation today. How our clients have solved their debt problems They range from people whose loans grew after university to those splitting with their partner, and from homeowners who have overspent to business people facing a crisis. Get free advice about different debt solutions Debt Advice For many of our customers who owe over £15,000 an IVA (Individual Voluntary Arrangement) is often the best solution. Talk to us and get expert help specific to your individual situation. Call us on +44 (0) 844 478 0015 -Mob: +44(0) 795 695 2645 -Fax: +44(0) 872 115 8436 -Email: info@cara-online.org to find out more. Clearing your debts Once you have taken that vital first step in wanting to do something about your finances, we can help you work towards clearing your debts. For example, an IVA can help get rid of debts after five years by getting your creditors to agree to write off what you can't afford to pay. Call us to find out more about this and other solutions. Call us on +44 (0) 844 478 0015 -Mob: +44(0) 795 695 2645 -Fax: +44(0) 872 115 8436 -Email: info@cara-online.org. Our phone lines are open 8am - 8pm Monday to Friday and 10am - 4pm Saturday. You can call free for an initial chat about your own financial situation. Honest, independent and effective debt advice CARA advises over a thousand people a week on different debt solutions. In every single case we only recommend the least drastic and most effective remedy, based entirely on their particular situation needs. As an example, only 4% of people who call us end up in an IVA even though we're the UK's leading IVA provider. Our advice won't cost you anything and you can depend on us to be honest, open and ethical. The people chasing you for money cover any costs and other solutions are suggested without obligation at market rates. There's no hard sell - we always collect detailed information from you and analyse it carefully before proposing a way forward once we understand your financial situation. You really can solve a serious debt problem With larger debts, an IVA can bring down repayments, freeze your interest and end hassle from people chasing money. How our clients have solved their debt problems They range from people whose loans grew after university to those splitting with their partner...from home owners who have overspent to business people facing a crisis. Debt - The different types of debt solutions available We understand how debts can build up from a whole range of sources such as credit cards, loans, overdrafts, unpaid bills and many other ways. We're here to help you find the right debt solution for your individual circumstances so that you can retake control of your finances. Call us on +44 (0) 844 478 0015 -Mob: +44(0) 795 695 2645 -Fax: +44(0) 872 115 8436 -Email: info@cara-online.org to find out more. Debt advice you can rely on Make becoming debt free your goal Call us on +44 (0) 844 478 0015 -Mob: +44(0) 795 695 2645 -Fax: +44(0) 872 115 8436 -Email: info@cara-online.org. Our phone lines are open 8am - 8pm Monday to Friday and 9am - 5pm Saturday. You can call free for an initial chat about your own financial situation. There are many reasons why people find themselves in debt and there are a number of ways of both avoiding it and getting out of it. However, when debts are no longer under control and become unmanageable it is likely that you’ll need to take a close look at your finances and get some debt advice. It is for this reason alone that CARA has spent over a 4 years offering debt help for those in need. And in that time we have helped thousands of individuals become debt free, and become the UK’s number one for solutions like IVA’s, which are a way of writing off part of your debt and making smaller repayments to your creditors over normally 5 years. But as you would expect, we don’t just advise our clients that an IVA (Individual Voluntary Arrangement) is the only option. Our mission is to help consumers find the right solution to their debt by following our ‘best advice model’ which carefully analyses your financial position and together with our trained advisors, helps us make our recommendation to your best way of becoming debt free. If you are in debt, and need help you should call us today. We have a team of advisors who would like to help advise you on your best course of action. The call is free as is our debt advice. Different debt solutions An IVA is often the fairest way forward for both you and your creditors if you owe more than £15,000 and are struggling to meet your repayments. This is only a summary and when we know more we will be able to identity the right debt solution for you. More about the IVA The IVA is a legally binding agreement - it protects you against any further action from people who are chasing you for money. You can realistically be debt-free in sixty months. With an IVA, you agree with your creditors that you'll pay only what you can afford. That means a single payment each month over the five-year period. Your creditors agree to write off the debt you can't afford to repay and leave you alone. Do you qualify for an IVA? Find out by contacting Debt Free Direct. 1. IVA: the fairest way to solve serious debt problems Who can apply and get an IVA agreed very much depends on individual circumstances. If you call us we’ll be able to offer you our ‘best advice’ and if an IVA is truly your best alternative, we’ll create a proposal for your creditors to review and hopefully agree to. If you have more questions you can read more frequently asked IVA questions, or call us and talk to one of our specialist advisers. CARA aims to be one of the UK’s number 1 IVA company and have helped hundreds to become debt free through IVA’s and other successful debt solutions. 2. Debt management There are two potential drawbacks. The first is that you have to make sure you don't choose an unscrupulous debt management company who overcharge you for their services. The second is that you will still have to pay off all your debts, often for longer periods thanks to rolled-up interest. That means you can simply end up owing more and more. If our Best Advice Model shows that a management plan is the way forward for you, we'll help you achieve the best possible plan and make sure your debts don't grow or get rolled up. We'll make sure you don't get charged any fees and that your creditors will pay the costs of setting up the plan. If it's not the best solution for your financial situation we'll let you know what else is available to you, whether that be an IVA, Consolidation Loan or another option. More about debt management After careful assessment of your debts, assets and income, if a debt management plan is the best way to become debt free, we’ll help you get a plan up and running. As long as you maintain the repayments you should have your finances under control. It is worth pointing out again that there are a number of debt management companies that will charge you for this service and you may also pay interest on the debt as well. CARA will NOT charge you for setting up a plan, the costs will be paid by your creditors, and the amount you owe will freeze and reduce by the amount you agree to pay each month. :3. Bankruptcy - a serious debt solution Subject to certain exemptions, bankruptcy means your assets (for example life insurance, pensions) are sold off and the money used to pay your creditors. You will probably have to sell your house. Your situation is advertised in newspapers and bankruptcy brings with it other restrictions. Those include having bank accounts and credit cards closed. Your landlord will be informed and for certain professions you run a risk of losing your job. Our Best Advice Model is designed to give you a fair assessment of the choices open to you. There may be a better debt solution than bankruptcy - see how an IVA can help if you or your partner owe more than £15,000 and either of you are in regular employment. 4. Debt Consolidation Consolidation may not be helpful if you have debts over £15,000 and are struggling to make repayments. That's because taking on more financial responsibility is likely to make things worse, particularly if the loan is secured on a property. An IVA may be the best choice in this case, but we can tell you more when you call us. Our Best Advice Model will tell you whether or not consolidation is a good choice in your own situation. If it isn't, we can take you through the other options available so you can decide the best path to take. If a consolidated loan is genuinely the best solution, CARA will search the market at no extra cost to you and find a loan that meets your needs. Copyright (c) December 2007 |