Debt Management "Minnow" Lewis Alexander Stands Strong After Avoiding Acquisitions

Lewis Alexander Limited, the specialist Debt Management, Debt Consolidation and IVA advice service has released information about the current standing of the company after its decline of offer/s made relating to the possible sale of the business over the last 3 years.

Manchester, England (PRWeb UK/PRWEB ) April 13, 2009 -- Debt Management specialists Lewis Alexander of Manchester England have confirmed that trading remained profitable for 2008 / 2009. Takeover talks and further bids were rejected over the last 2-3 years but the company remains in a position of financial strength regardless.

The company's main focus is on acquiring and retaining Debt Management clients. It does this through a free from a land line debt helpline, made available 24 hours a day, 7 days a week in the UK.
Most clients who approach Lewis Alexander are in need of advice and help regarding all different types of personal debt issues. Lewis Alxander is a UK registered trade mark and the company is recognised nationally both online and offline through direct response television advertising. An exceptional ability has been shown by Lewis Alexander when it comes to online SEO or Search Engine Optimisation. The company refused to Pay Per Click (PPC) in the past but market conditions are starting to allow for PPC as profit from uncostly SEO is up. The SEO success enjoyed has allowed Lewis Alexander to compete with the larger PLC competition without the same cost they encounter through paying per click. This in turn reduces the cost per client acquisition for Lewis Alexander over its competitors.

Whilst the company has made significant progress and growth over the last few years, it has done this much to the benefit of its existing client base by creating a compliant and honest environment where people can obtain the advice they need at the speed and time they require.
This can only be offered with the commitment of the clients that remain using the Lewis Alexander service. Most debt management companies boast a client retention rate of approx 5-6 months. Lewis Alexander is currently boasting client retention periods of 3-5 years, a massive difference which clearly states a difference in operational procedure.

The profitability of the company is down to a number of reasons. Firstly, the business model is based upon organic growth, so should an advertising campaign turn bad, it has been budgeted and paid for from cash at hand. Secondly, there are a board of keen directors involved that believe in development and investment in existing people and systems, that without, the company would not be where it is. Thirdly, the company shows a commitment to the clients long term financial recovery by not over stretching them and making initial repayments affordable. Their advisors are not commission based, they are paid regardless of the client taking the companies fee charging help. This ensures compliant advice on behalf of the company at all times.

The reputation of Lewis Alexander debt help UK is at stake every time it makes an offer of repayment to a creditor, on behalf of a third party/client. This is because if the third party/client does not commit and repay, the offers sent by Lewis Alexander appear disrupting to the creditors. This is important as the client selection by Lewis Alexander is as important as the clients own selection of the service they choose.

The outlook for the company is strong for 2009 / 2010. Trading will be slowed by market conditions in the first / second quarter and the obvious problem faced for most debt agencies is that people cannot consider repaying their unsecured debts until they are back in employment.

This will have significant setbacks to the industry as a main for the remainder of 2009.

Lewis Alexander faced offers and a potential opportunity to join a listed PLC company in its quest to increase market share of the Insolvency / Debt Management arena. The offer was declined by Lewis Alexander shareholders and thankfully due to current share prices at the time of this articles creation, the company stands strong as a master of its own destiny. The fact that the company is privately owned does allow for the extra care and consideration of the client management which is evidenced by the retention rates not just the ability to obtain new enquiries or acquisitions.

This is most important from an investment point of view as the company that attains a client quickly, makes a sale. However, the company that attains and retains clients makes the sale and builds an investable business with a strong foundation.

For further information about Lewis Alexander Limited please visit Lewis Alexander or call +44 (0) 161 872 3383 . See the original story at: http://uk.prweb.com/releases/2009-debt-management/4-company/prweb2319614.htm


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Doorstep loans - YES or NO

A doorstep loan or cash loan is usually the loan of last resort which carries a very high rate of interest. Most door to door loans have high interest rates due to the short nature of the loan.

If you find you are borrowing money from companies such as Provident, Shopacheck or Greenwoods, you may wish to contact us for debt advice UK about how to manage repayments.

Call our personal debt helpline today in confidence using 0800 018 6868.

Credit Card Debt

Are you suffering with credit card debt problems?

Most of the UK is swamped in credit card debt and peoples lives are becoming a misery. Not only do changes in circumstance affect us daily, people do not seem to have the savings that families enjoyed generations back.

Families are splitting up due to financial problems and this is very sad when the people involved have sound relationships, apart from the financial side.

If you think you are going to fall behind with credit card repayments, stop and get the help that is available today. The later you leave it to take debt advice UK or debt help the larger the credit card debt becomes.

Contact our debt helpline in confidence today using 0800 018 6868. Your call is FREE

Bad credit loans

Bad credit loans are very high interest baring and are hard to get away from. They are near impossible to pay off due to the period of time of the original loan and once the interest starts compounding you are less likely to be able to clear a bad credit loan.

For debt advice UK and debt help about bad credit loans please contact our personal debt helpline.

How to clear Personal Debts with the increase of Energy prices

If you are struggling to clear personal debts and are increasingly worried about the prices changes within the energy markets, you need to prepare a budget to get you through the problematic period ahead. The budget can be quite simple, start by listing what you have coming into the household income each month and then prepare another list of what is going out in expenditure.

Once you have this income and expenditure statement you may be worried that you do not have enough coming in to cover what is going out!

That is when an individual needs to take debt advice UK about how to change the costs within the home or increase earnings to cover the extra costs each month, this is not all ways possible in a short space of time. if you have a mortgage, your personal debt problem is more serious regarding your property, that mortgage must be paid at all times, the moment you are falling behind with your mortgage, you must take financial advice!

You could be evicted from your home or place of residence and even if you are renting a property, you must keep up with the payments for the roof over your head as a main priority. Not all cases are so severe!

The following debt solutions can help you clear personal debts, debt management plans, debt consolidation loans, debt management UK, bankruptcy and Insolvency or an IVA.

If you need personal debt help or advice about how better to manage your finances, please call our personal debt helpline in total confidence today, our advisors are straight to the point and also aware you may be finding it difficult to pick up the phone and discuss the issues you are facing, we deal with personal debt problems daily so be strong and call our free phone debt helpline now using 0800 018 6868, your call is FREE from a landline!

Personal Debt Help Enquiries Surge in June

A sudden and great increase in personal debt help enquiries at Lewis Alexander has been reported for the month of June 2008.

We would normally expect by June that the post Christmas rush and need to clear credit cards, coupled with that need for money to clear personal debts to be over, this is not the case. A great number of UK residents seem to have waited to see if things get any better toward the Summer and most felt that by June 2008 enough was enough.

This sudden increase in debt advice UK enquiries, has come from individuals who have failed to enter into an IVA or broken the IVA agreement due to further changes in circumstance and a subsequent inability to maintain regular monthly contributions. Apart from Bankruptcy, in most cases a debt management plan is the best option available.

Clients that are in this position are also struggling, or did struggle with the IVA repayments due to the original payment being set too high at the outset. The high IVA payment ensured that the companies proposing the Iva's, could guarantee a minimum percentage of the total debt to be repaid over the agreed fixed period of 60 months, back to the respective creditors. Therefore, greatly increasing the chance of acceptance of the IVA at the "creditors meeting". We are not suggesting for one moment that these companies have acted fraudulently or illegally, merely pointing out where the machine of big business, can act as nothing more than a conflict of interest to the people with the original problem that created the source of revenue!

Personal debt help is simple when explained in the correct way. We can all dress things up to sound complicated but when it comes to personal debt, the importance of making the right decision of which debt solution to use is imperative, as time that is wasted in pursuing the wrong route can never be recovered!

At Lewis Alexander, we help many people every day to start the process of debt clearance and for those that wish to use our debt services, that have tried to find debt help before, the process is usually very straight forward. We enjoy keeping things as simple as can be for you, this way you will at all times understand what you are entering into!

For a debt advisory call, use our debt helpline today, lines are open 24 hours.

Call 0800 018 6868

Clear Personal Debts with an IVA, Debt Consolidation or Debt Management

If you wish to clear personal debts without having to increase your borrowings further, you may wish to consider a Debt Management Plan or IVA, these personal debt solutions can clear debt without loans. They are a form of debt consolidation that help people who have previously been refused credit. They also help you avoid bankruptcy.

Are you afraid of what debt collection letter from which company is going to drop into your mail box next? Are your creditors calling you at work or at home, daily? You may even be dealing directly with your creditors, sometimes known as self debt management. This can be difficult and we can advise you further.

We can assist you to clear debts today with a personal debt solution,

Call 0800 018 6868 today in total confidence.

Become clear of debt with direct help & advice

If you are struggling with your finances and require personal debt help or advice, try using a company that offers a free helpline as a starting point.

Companies that charge you for advice are not helping you!

IVA companies, that originally set up as sole IVA providers, are now chasing vulnerable debt management clients, as they are unable to sustain the levels of enquiries they had become accustomed to over the last few years whilst solely providing personal insolvency solutions.

This is strange as the models of some of these businesses were originally based on IVA operations but they seem to be operating in all sectors of late. When a personal insolvency company starts to move in a particular direction that it has been known to have portrayed previously as weak or a little none compliant, it can NOT only be based on changing times, they are possibly struggling to maintain existing levels of turnover from sole provision of the original service offered and this some what compromises the high esteem they may have previously been held in by some!

Lewis Alexander Financial Management urges people to seek advice from specialist debt companies and the consumer should ask the company offering the advice if they are privately or publicly owned. This can sometimes be evidence to the consumer of the true intent behind the company ethos, will they at all stages be compliant in their dealings, advice and debt solutions offered, whilst trying on the other hand to obtain income of sales to sustain hungry investor appetites? Or, are they privately owned and investing in their clients future high level of service by concentrating on improving the service experience current clients enjoy?

The real intention of any personal debt company should be to help the vulnerable consumer clear personal debts as quickly as possible. This is not all ways the case.

Please note that only an IVA can clear debts in 60 months or 5 years.Conditions do apply.

Debt Management will clear your debts and suits many people but no fixed time period or end date can be promised, any individual or company claiming to be able to offer an exact end date for the debt management plan is lying!

For friendly advice regarding all personal debt solutions, please call FREE using 0800 018 6868

Employment problems whilst struggling with personal debt?

If you fear you are about to be made redundant or have recently lost your job, do not prioritise the repayments of your personal unsecured debts. For example, credit cards, personal loans, catalogues etc. You MUST make sure you pay your priority debts and repayments first, such as, Mortgage, Rent, Council Tax, Electricity, Gas, TV license. If you allow arrears to build up or bills for the home get out of control, you could end up losing your home or dwellings.

We help many people understand which bills need paying first and which should take a back seat for the time being, we are not saying that unsecured debts should be ignored, quite the opposite, however, with a little sound advice it is quite amazing how easily a personal debt problem can sometimes be solved.

If you fear you are about to be made redundant or need help regarding benefits available, their are many organisations that can help and offer UK debt advice.

Personal debt in the workplace can be very difficult to deal with. Others around you are most probably going through the very same feelings of stress and worry. Do not suffer alone, call our debt helpline in confidence and sleep peacefully tonight!

Call 0800 018 6868 FREE from a landline today, it only takes one call to start to clear a debt problem!

In Personal Debt during a "Credit Crunch" House Sale?

Every day, the calls keep coming from people who need to clear their personal debts but who also have their property currently on the open market for sale. Where is the problem you ask?

If Mr & Mrs A own a property, that they believe is worth and currently being marketed for £300,000 and the house has been up for sale for 3 months without any viewings, it is likely they will have to asses what is going to be the reason why a potential buyer would buy their house before the next one available at the same or slightly lower price, it is about knowing the market in which you are selling your home!

This is not the point though, most people think their house is the one that will sell, it is our nature to prefer our own houses, cars, holidays etc....

However, Mr & Mrs A also have unsecured credit card debts and personal loan agreements outstanding that total approximately £35,000. The interest on the personal debt is accruing daily and their ability to repay more than the minimum payments is limited and becoming more so as the months move on. Mr & Mrs A believe that when they sell their house they will pay off their personal debts, it is quite simple!

Or is it?

Mr & Mrs A may not sell their house for another 6 months, it may not sell at all!

In the current climate, the case could be that Mr & Mrs A sell their house for a lot less than they originally thought meaning less equity to pay off the debts after the sale. Whilst waiting to sell the house the interest and charges on the personal debt has increased the total amount now owing to possibly £37,500-40,000. It all depends on the interest accruing on the debt outstanding!

The point is simple, people should not put all their"eggs in one basket".

Mr & Mrs A should make plans to deal with or take advice regarding the unsecured debt level and possibly reduce it whilst trying to sell the house. The concern of keeping the credit score in tact is a little like "shutting the stable door once the horse has bolted".

For more advice regarding personal debt problems and ways around managing your debt through the sale of your home in a volatile market, please call today using 0800 018 6868, our lines are open 24 hours, your call is FREE and dealt with in total confidence.

Why FOOL around with Personal Debt in April?

April is not a time to be fooling around if you have personal debt problems. It is a time when if careful, you can really plan a solid financial routine for the rest of the year. Christmas was only round the last corner and it will be Summer soon. You do not want to be worrying about court actions and solicitor letters from credit companies and their collection agents when you could be out enjoying the spring and summer air! Get your finances sorted! If you are still reading this article you are either genuinely interested or seriously over committed with personal debt.

Lewis Alexander helps many people every day to consolidate their personal debts or just gain friendly advice to set them on the road to their own managed financial stability.

The hard part of a sound financial life is good planning, when you start it really is quite simple, it is the thought of delving into the unknown that is the frightening part and this can stop most of us being financially OK!

This article is designed to get you thinking about how you could better plan the rest of your year financially if trying to clear debt, what would you like to buy friends or family for birthdays and Christmas this year? There are 5 simple letters you must remember and can apply to your finances and most areas of your life.

PPPPP - Perfect Planning Prevents Pathetic Performance!

If you need advice on personal debt problems and you are a UK resident over 18, please contact Lewis Alexander Financial Planning, online or visit our debt help website for further details.

We can help with debt management, bankruptcy, personal loans and an IVA or Trust Deeds,

Call 0800 018 6868 FREE today in total confidence!

Alone in Personal Debt, Partner NOT Aware?

Are you living alone and suffering with the stress and worry of personal debt issues or problems.

You may be living with a partner or married and unable to share your concerns due to worry of affecting your relationship. This is very common be you alone or just unable to talk to anyone. Most people that call our debt helpline understand that they are not alone once they speak with a trained advisor.

Credit companies are trying to obtain as much of your disposable income (the money you have spare each month after bills and living costs) as possible, there are rules for lenders on how much they can lend people and the industry term for this is "Responsible Lending".

It basically means that if a lender thinks, that after looking through and investigating your income and expenditure (a financial statement on your self) that you are unable to afford repayments on a new proposed loan, they MUST NOT lend you the money. If you encountered a further change in circumstance for the worse, you may not be able to repay the lender the money you borrowed. Not lending the money in this instance where an individual can not afford to repay is now known as "Responsible Lending" on behalf of the lender which can only be seen as most commendable.

A great number of consumers get frustrated and tempered with loan providers and their loan brokers when unable to get the acceptance for the credit they so need or want. This is not the lenders fault or problem, consumers must take responsibility also for their past and make more responsible decisions by thinking more long term regarding their money and financial status by obtaining debt advice UK.

The finance industry is like most "a double edged sword" on the one side you have the compliant companies who respect people and their personal situations, on the other side are the more unscrupulous companies that prey on the vulnerable consumer.

At Lewis Alexander we offer financial advice regarding all personal debt issues, do not suffer alone and do not be afraid of talking with us if you fear your partner and their reaction.

Did you know, more people are more likely to speak and be open with their partner about an extra marital affair or relationship they have had than the problems they have gotten into regarding personal debt and finances?

Call today to clear debt using 0800 018 6868, your call is FREE from a land line and dealt with in the strictest confidence!

Credit Cards & Debt Help - IVA or Debt Management?

Credit cards are the biggest problem in most peoples financial arrears. Most of us try and keep up with the plastic before paying anything else, such as rent and mortgages! Yes, people are actually paying for their mortgages and their rent using their credit facilities. When we try and explain to vulnerable consumers that they must prioritise their debts by paying the most important first, they seem shocked as though the credit card companies will be upset.

An upset credit card company is much better than an eviction order from your landlord or your mortgage lender advising you that they are to repossess your home or ask you to vacate your rented dwellings.

We can't stress enough the importance of making the repayments on loans or other debts secured against your home.

Credit card companies only want you to pay the minimum on your credit card repayments, if you pay more than the minimum required you will be clear your debt and then you won't owe them any money, this is not good for your credit card company, however, it is the right direction for you!

The interest on credit cards is designed to increase not reduce, these companies are waiting for you to suffer a change in personal circumstances such as a death in the family, loss of job or less hours at work, split from partner or divorce. These changes in circumstance are not all ways negative unpleasant ones. A new baby or a wedding can easily set us back for years. The credit industry has a much clearer crystal ball than the vulnerable consumer. They can see your changes before you know you are due them. it is just the way credit companies work but please do not let them work you out of YOUR home!

For further information on how to clear credit card debt and other personal debt help, please call free using 0800 018 6868 or contact us online....

IVA take up rate 12% of Debt Consolidation enquiries!

The take up rate for the personal IVA at Lewis Alexander is 12%.

The company specialises in the Personal Debt Management sector and has done so successfully since February 2003. The information released is based upon enquiries that are generated from the initial enquiry to a live conversion into a Lewis Alexander client. The IVA work is outsourced to preselected Insolvency Practitioners.

The remaining 88% splits down into 63% opting for a Lewis Alexander Debt Management Plan and the final remainder choose options such as bankruptcy and loan options where available.

The figure is surprising as the general market place of personal debt advice and help services seems to be direct selling the IVA! Lewis Alexander are proud to offer the client a full explanation where necessary so as to enable the consumer to make an informed decision. This could be adopted as best practice amongst all companies and implemented on a compliance basis by a regulator.

The industry could then adopt an accepted standard conversion rate for a compliant fee charging advisory service.

The main problem Lewis Alexander has encountered with the funding and floatation's of IVA PLC companies, dating back to 2004, is that the individual choosing to enter into an IVA over a Debt Management Plan or Voluntary Petition for Bankruptcy is no different in there make up, they are still only human! The point being is that the individual is open to exactly the same changes in circumstances over the next 5 years that has created the need for action in the first place. The Debt Management Plan may not be as rewarding in fees as an IVA to the operating company but is sometimes a preferred approach for advice when the advisor has the experience the client does not!

Yes, companies are in business to make money but at this end of the financial sector there should be an element of caution as the detriment to the consumer can be catastrophic if the consumers IVA fails due to their lack of continuity of payment etc,,

The Debt Management Plan is not a legally binding agreement and is informal between client and creditor. Therefore, the "City of London" or financial institutions raising funds for floatation's have avoided Debt Management Companies in the main. This is why some of the IVA companies or IVA factories have scurried around making acquisitions that seem still to be proven on a profitability basis. These companies surely could not have floated as Debt Management operations but did create great projections and share rushes, then proceeded to buy Debt Management companies in a bid to keep their bottom line positive and reduce the cost per client acquisitions.

Lewis Alexander has previously rejected take over bids from a certain IVA company due to this mind set as described above. The take over would have affected the success enjoyed by both client and employee when clearing debts, coupled with the excellent balance of impeccable client retention rates with outstanding abilities to generate new enquiries that convert into acquisitions.

The cost to an IVA company to generate an acquisition had reached £1000 over the last 2 years and in some cases more. These companies business models are costly and when compared to the Lewis Alexander CPA of an IVA at £150, it seems outrageous. Is the sector finished as a direct sell arena and where will the money makers move next?

We can confirm that the only PLC involvement at Lewis Alexander is Profitability, Liquidity & Capital.

Debt Management Company offers Prepaid Mastercard

If you have no bank account, no credit cards or currently on a debt management plan and you struggle to pay for goods or services online, or over the telephone, you need a Prepaid Mastercard.



You can apply online and you are GUARANTEED ACCEPTANCE. Have a read and make your own choice, we think everyone should have one in their wallet!

IVA or Debt Management? - Get a FREE Credit Check from Experian before you decide

Before you decide on either a Debt Management Plan or an IVA / Individual Voluntary Arrangement, make sure you have checked your current credit status!

This is important as it will show you what is on record about your financial history. You do not want to carry on as though this information does not exist and once you read it, things on the report seem less frightening than you thought. If anything, it is a good starting point for any debt advisor to help you from, as it is easily read by people who are reading them daily.

You can get a free credit report online from Experian in the UK.

Proud Sponsors of Guide Dogs for the Blind

The Guide Dogs for the Blind Association of the UK is constantly seeking funding from any source as there is no government funding available to the charity. Lewis Alexander Debt Consolidation Services is a proud sponsor of Guide Dogs and should any visitors be in the fortunate position financially to contribute, it would be most kind.

Visit Guide Dogs, meet the puppies!

UK Debt Consolidation Company launches Larry the Loan Broker

Lewis Alexander Financial Management has launched a secured loan broker called Larry the Loan Broker. Larry is based on a Texan theme and was delivered on time and in budget by not normal mEdia of Manchester.

Products on offer include secured home loans, payday loans, unsecured all purpose loans, debt consolidation loans and refused a loan help and advice.

Lewis Alexander believe the new brokerage should only compliment the existing IVA and Debt Management departments, making the company a "Turn Key" solution for consumers seeking help to clear personal debts in the UK.

Larry will be advertised online and on national UK television. This is a very similar model operated by Lewis Alexander. The Larry DRTV advert is due to air in the Spring of this year (2008).

For further information or to apply for a personal loan in the UK visit Larry online @ http://www.larry-the-loan-broker.co.uk/

IVA Companies Failing to Maximise! warns Uk Debt Management Specialist

IVA companies are finding it increasingly difficult to convince consumers to enter into an IVA.

Some companies push the IVA over other options available such as Debt Management or Bankruptcy. The consumer does not get a fair explanation and then the end result can be quite a shock for the person who has entered into the IVA.

Ability to borrow can be delayed for many years after the IVA has ended and certain restrictions can be very tiresome.

Debt management plans have been given a hard time with bad press over the years but it is quite amazing how many people prefer to take them and when operated by a good company those clients also complete the plans!

Lewis Alexander advise many people every day, help is available 24 hours, call free 0800 018 6868

IVA, Debt Management, Bankruptcy Help & Loans

Regardless of the type of personal debt you may have, you will at some point of dealing with your problem, consider one of the following options available to clear debt in the Uk,

Debt Management, IVA, Bankruptcy, Consolidation Loans, Debt Advice

for more help and advice if you are currently suffering please contact us free today for a consultation.