Reducing debt is often a key goal for any individual or family but trying to achieve it in practice can often be more difficult. Like most goals, debt reduction requires discipline and time to be effective in the long term however some simple and quick debt reduction tips can be applied to your personal finances which can not only make an immediate difference but also change your attitude toward money in the long term. We offer a range of debt reduction tips to help you move towards a debt-free lifestyle.

How To Get Out Of Credit Card Debt

How to get out of credit card debt? It is a question that is frequently asked because credit card debt is a particularly burdensome type of personal debt since credit card companies charge such high interest rates, often between 15 and 25% which makes it difficult to catch up if you miss a repayment. We have put together a step by step guide to help you assess your personal finances and help you address just how to get out of credit card debt.

How To Deal With A Loss Of Income

A loss of income can occur for a variety of reasons whether due to unemployment, redundancy, poor health a relationship breakdown or divorce, but it can be a distressing and difficult experience at a time when as an individual or family unit you may already be considerably stressed. However, there are several things you can do to address this difficult situation and help stabilise your personal finances and get back on track.

How To Deal With Mortgage Arrears

The fear of losing your home is probably why mortgage arrears are perceived as being one of the most difficult types of debt to address but mortgage arrears like all other forms of debt can be managed much more effectively if confronted at the earliest opportunity. We have created a homeowners guide to mortgage arrears packed with useful hints and tips to help you take back control of your finances, and reduce the threat of eviction as well as taking a long term debt reduction approach to your personal finances.