What is the Best Way to Clear Credit Card Debts?
Struggling to find the best way to clear your credit card debts and store card debt?
Do you need help to clear credit card debt and store card debts in the UK?
Credit card debt can be very hard to clear and when the
interest and charges get out of control, the minimum payments you make seem to
have little or no effect on reducing the credit card or store card balances.
When people tell us that they are not in debt because they
make the minimum payments each month on their credit and store cards we have to
accept that the individual is not actually aware of what game is going on with
them financially.
If you only pay the minimum payments each month on your
credit card and store card commitments, you are actually renting the debt from your
credit card or store card provider/s.
- This is exactly where the credit card and store card companies want you to be, it’s great for their business model.
This creates a situation where the credit card outstanding balances are hovering or going up and not reducing in line with payments made which is the end goal.
These credit card companies would not make so much money if
everyone paid their cards off in full on a monthly basis. However, it is only when
an individual suffers a change in circumstance that the financial problems often start.
If you are stretched to the financial limit every month and run out of money for normal household expenditure and essential items, it is nearly
impossible to get back on track unless you can earn or obtain more money to
make up for the change/s you have suffered.
When you suffer a setback financially it makes every other area of your financial life more difficult to manage. This is even more certain if you have not been allowing much or any room for financial setbacks you may encounter.
If you need help to clear credit card debts or store card
debt and are struggling to find the best debt solutions or just a way out of the debt problem you face, call
our debt helpline today in confidence using;
- 0800 018 6868
Lewis Alexander Financial Management are currently helping
many people to clear credit card debts, loans and store card debts on a daily
basis through personal credit card debt consolidation help and advice.
- Call 0800 018 6868 today!
- Lines are open 24 hours a day / 7 days a week.
