Speak to an adviser:
0800 040 7064

Professional advice

Write off up to 75% with help from Government Legislation

Write off up to 75%
with help from
Government Legislation

Do you qualify?

About Your Debt

About You

More than three-quarters of credit cards have rules which mean the cheapest borrowing gets repaid first while customers continue to pay hefty interest rates on the remainder, new research has revealed.

Price comparison site MoneyExpert.com has published a study which reveals 76 per cent of credit cards clear debt on cash withdrawals last, causing customers extra expense.

Sean Gardner, chief executive of MoneyExpert.com, said: "If you’re unaware of the order of payments on your card, it’s definitely worth checking. Particularly if you’re keen to buy something but have already used your card for a hefty balance transfer."

For some debtors, the advice comes too late. Previous research by MoneyExpert.com discovered more than 4.1 million credit card bills were missed in the first half of 2007.

Government advice urges those struggling with repayments to seek help sooner rather than later. For many debtors, an individual voluntary arrangement can help them become debt free within five years and could write off any unaffordable credit.

Do you qualify?

We are fully authorised and regulated by the Financial Conduct Authority. Speak to one of our fully trained, financial solutions specialists.

Check if I qualify