Credit Card Debt a big problem for many UK citizens.

Credit card debt has more than doubled in 12 months according to the Bank of Scotland. The figures come as no suprise as UK unemployment increased to just over 2.47 million last month.

Now many UK citizens have Credit cards and use them to cover short term loans and bills, however because banks are becoming more stringent on repayments customers are struggling to keep up with payments, especially now that so many people are being made redundant.

The question on many peoples lips is how can they get themselves out of the situation they are in. Now some credit agreements are unenforceable however this is once in a blue moon and your paperwork would be looked through thoroughly to see if this would be possible.

Debt management companies such as Reclaims UK Ltd are in place to help customers deal with their financial situations and to become debt free. We will firstly speak to you regarding your current situation and go from there. If we feel that you are best entering a debt management plan we will talk through your options thoroughly to ensure that you understand from start to finish what you are paying for.

Debt management plans can help reduce credit card debt as we will negotiate an affordable repayment each month to cover your debt with the credit card provider. We will also freeze an interest and also any further charges that would be placed on the account if you were not making the repayments.

This can really help customers become debt free as they can now see where their money is going and what on each month.

If you would like to discuss your financial situation today then please request a call back and we will call you within 24 hours to talk through your financial situation and how we can help today.

Take that first step to becoming debt free today.