Credit Card Debt Management - How I used it to my advantage.
Like many people in the United Kingdom in the early years of the 21st century, I thought nothing could go wrong. I was working as a self-employed builder, had a long line of jobs waiting for me, owned my own house, which did have a good sized mortgage on it, and was running my own van as well as a nice private car for the wife. We wanted for nothing and when we didn't have the cash, we just put it on our credit cards. Life seemed so easy.
Then one day, I was working on the roof of this house, and the ladder slipped. I crashed down 15 feet landing on my back. I was in hospital for two weeks and in bed for three months. I didn't return to work fully for almost a year and my back still hurts a lot when I am out in the rain. And of course, because I was so busy living in cloud cuckoo land, I had never bothered taking out proper insurance, to cover me for such an eventuality.
So my credit card payments weren't met and my mortgage payment situation was about as unhealthy as I was. We spoke to all our creditors individually and most of them suggested that we take advice from a debt consolidation service company. So off I limped, with all my files and papers. I must say the debt consolidation people were very friendly and efficient, helping me draw up a plan to refinance my credit card debts over a longer period. They explained that this would give me the breathing space to make up the backlog in my mortgage payments.
I must say that it worked out really well, and although I was paying off my debts for a couple of years till I got back to square one, it wasn't too terrible. Today I am older and wiser and also fully insured! Business is still pretty good, but when I start to think about indulging myself with something , I remember how I used credit card debt management to my advantage, and check the figures and my ladder one more time.
Please feel free to complete an enquiry form to enable an advisor to call you at your convenience.