Debt Advice Help and Support

Debt help services for household debt (24 Jan 2012)

As the headline Markit Household Finance Index (HFI) for January again falls below the 'neutral' score of 50 – debt help services could prove popular well in to 2012.

 

A debt management plan is one such solution debt help could provide, with the arrangement being suitable for debts amounting to £3,000.

 

Otherwise, an IVA can come to your aid if you owe more than £12,000 to various lenders – and best of all an IVA won't leave you at risk of losing your home.

 

UK households started 2012 with a much less downbeat assessment of their household finances than was the case at the end of 2011.

 

At 36.4 - up from 34.3 in December, the headline Markit Household Finance Index (HFI) was the highest for 13 months.

 

However, around 42 per cent of respondents to the survey expect their finances to worsen, while only 26 per cent anticipate an improvement in 2012.