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Dumfries and Galloway debt figures reach record level

By Jack Gray Subscribe to RSS | February 1st 2012 | Views:
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In a report by the Citizens Advice Service, fresh figures have been revealed for Dumfries and Galloway which revel that the number if debts have gone up to a high level. They have to say that in the past 12 months, they have given a helping hand to almost around 1300 clients whose num total debts was almost around 28 million pounds. This number of money was with an addition of 7 million pounds that was the highest in numbers recorded by the group from the past three year.

Sue Irvin, the Chief Executive of the Citizens Advice Service, had pleaded the people who are facing such kind of a trouble of being under debt should ask for help at the earliest possible hour than delaying it any more. She in addition had to say that these figures are quite shocking and show that a large number of people are under the burden of debts. The main reason behind this is that today the difference between what people are earning and what they are spending has grown quite a lot. To find a solution they apply for loans that can be payday loans, or doorstep loans or any other one as well.

She further said that this situation was only getting worse from time to time but the Citizen’s Advise is helping the citizens in the best possible manner. Although they can not remove all your debts in just one go but they can offer advice that is the best for you in all ways. This organization can try to make negotiations with the creditor from the side of the borrower and can ask them either to lower down or freeze the rate of interest. Suffering from worst credit need loan apply at loans for people with bad credit no guarantor @ http://www.loansforpeoplewithbadcreditnoguarantor.co.uk/ and get easy finance without any backer.

Irwin also added that apart from just doing the above mentioned things; they can also get into taking few other options that is steps. They can also help out a person is a defaulter or a debtor in rising his income as much as possible. In addition to this, they can also get into discussions so that a better and helping plan for the repayment of the borrowed sum of money can be chalked out so that apart from just making the repayment a person can quite easily clear off his day to day needs as well. The best things and advice in the first place from them is to manage money well and not getting into debts.

Jack Gray - About Author:
Jack gray is financial advisor and work with us. He provides best knowledge to get finance in trouble. He write articles on loans for people with bad credit no guarantor and fair credit loans etc. Get more info about Visit - www.loansforpeoplewithbadcreditnoguarantor.co.uk

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