Category Archives: Financial Management

Financial Management

Business, Costs, Debts, Financial, Financial Management, Financial Services, Money, Personal Finance

Falling sales of new cars are another indicator that today’s economic troubles are affecting people in every part of British society

Dropping sales of new cars should serve as a reminder that economic downturns can affect everyone, whatever their socioeconomic status, said debt management company GregoryPennington.com.

Figures from the Society of Motor Manufacturers and Traders (SMMT) reveal that the number of new cars registered in August 2008 was down 18.6 per cent compared with August 2007. August is usually a quiet month for new car sales, but this year saw the worst August for new car sales since 1966 – just 63,225 registrations.

Premium brands, according to The Times, ‘were among the hardest hit, with Aston Martin suffering a 67 per cent drop to just 19 cars sold’. Land Rover sales dropped 58 per cent, and Jaguar sales 41 per cent.

“This kind of news challenges an often-held assumption that the impact of economic turbulence is more likely to felt among lower-income individuals,” said a spokesperson for the debt management company. “Even less-expensive new cars, while not ‘luxury’ products, tend to be purchased by people who enjoy a reasonably comfortable standard of living.”

Following, as they do, the news about declining sales in other market segments, the SMMT figures are a stark reminder of the decreasing spending power of the population as a whole. According to a report from comparison site uSwitch, the average UK household is £2,500 worse off than last year.

“While it’s good to see people taking sensible steps to reduce their non-essential spending,” the spokesperson for the debt management company continued, “that reduced spending will clearly have an effect on the health of British industry – in this case, the car industry.”

Furthermore, the savings people make are often ‘swallowed up’ by rises in essential bills, such as food and utilities. By definition, these bills can only be reduced up to a certain point.

Under certain circumstances, however, there may be ways to reduce monthly payments to secured and/or unsecured debts.

“Homeowners may find there are ways their mortgage provider could help them service their mortgage debt during a difficult period. Even temporary concessions can make all the difference to a household struggling to keep up with mounting bills, shrinking income, or both.”

Nonetheless, any change to the way they repay their mortgage can have a substantial impact on the borrower’s long-term finances. It may make more sense to look into the various forms of debt help which can could free up the necessary money by reducing their payments to unsecured debts.

Many people enlist a debt management company to negotiate with their unsecured creditors on their behalf: “Unsecured creditors may be willing to take a flexible approach to repayment agreements if this is the best way for the individual to repay the debt as soon as realistically possible.”

A debt management company will talk to each of their client’s creditors, explaining how their financial situation has changed, and negotiating concessions: “They may agree to accept lower payments, for example, freeze interest and / or waive charges, helping the borrower bring their expenditure back in line with their income.”

“Debt management is by no means the only option. Nor is it always the most appropriate – many people with financial problems could benefit more from a debt consolidation loan or IVA (Individual Voluntary Arrangement), either of which could help them reduce their monthly expenses, freeing up the money they need for essential bills. The important thing is to seek professional debt advice sooner, rather than later.”

Via EPR Network
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Costs, Financial, Financial Management, Financial Services, Money, Personal Finance

As both consumer spending and saving slump, debt management company Gregory Pennington have said that the full extent of financial trouble in the UK is beginning to show

Debt management company Gregory Pennington have commented that the recent cuts in consumer spending and saving is a clear sign of the way the credit crunch and rapid inflation is forcing consumers to change their spending habits, and have advised consumers to do what they can to stay out of debt in the coming months.

As reported in The Guardian, spending and saving in the UK have taken a big hit in recent months. Following years of “debt-fuelled spending”, consumers are now being forced to reassess the ways they spend their disposable income. Just a few of the measurable effects include:

· New car sales at their lowest levels since 1966
· The number of people putting money into a personal pension fell by 1 million to 7 million over the last year
· Household savings are at their lowest since the 1950s, at an average of 1.1% of income in August 2008.

A spokesperson for Gregory Pennington said: “These figures paint a worrying picture for the economy, confirming many people’s fears about the extent of the problems we are currently facing.

“In a more stable economy, we would expect to see one of two things: spending going up and saving going down, or saving going up with spending going down. The two normally run opposite to each other. But due to the rapid rise in costs of living, we are actually seeing both go down, because people are increasingly being left with no money to do either.

“This is a dangerous situation – usually, we would advise consumers to make sure they are saving plenty to use as a ‘financial buffer’, should things get particularly tight. But the simple fact of the matter is that many people don’t have the money to do so.”

The Gregory Pennington spokesperson warned that the problems in the economy mean many people could be in danger of falling into debt in the near future: “Many people are finding that the financial commitments they made a year ago or more are becoming less and less affordable, particularly in the housing market,” he said. “Rising food, energy and transport costs have hit most of us hard, and while they continue to rise, more people are at risk of their outgoings exceeding their income. Once people fall into debt in this way, it often isn’t long before interest builds up and the debt can become unmanageable.

“We advise anyone who finds themselves falling into debt, or anyone who thinks they are about to, to contact an expert debt adviser as soon as possible. There are a range of debt solutions available to suit various situations, including debt management plans, debt consolidation loans and IVAs (Individual Voluntary Arrangements).”

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Checking & Savings, Financial, Financial Management, Financial Services, Loans, Money, Personal Finance

Gregory Pennington Have Advised Consumers To Take Active Care Of Their Finances And Warned That Prices May Continue To Rise Even If Overall Inflation Slows

Responding to a recent report suggesting food prices have risen by over 10% in the past year, debt management company Gregory Pennington (www.gregorypennington.com) have advised consumers to take active care of their finances, and to seek debt help if outgoings become unmanageable.

The report by the British Retail Consortium (BRC) showed that the sharp rises in wholesale costs in the past year have been passed on to consumers, with fresh produce price rises surging as high as 11.9% between August 2007 and 2008.

Many analysts have suggested that this was the reason behind the Bank of England’s decision to hold interest rates at 5 per cent for the fifth consecutive month – where previously a drop was expected to help stabilise the economy – in a bid to avoid a recession.

A Gregory Pennington spokesperson commented that this decision spells further uncertainty for the economy. “The Bank of England are in a tricky situation: raising interest rates would help to bring down inflation, but it could be extremely damaging to the housing market. Likewise, lowering interest rates would help the housing market, but could mean inflation rises further.

“The Bank of England have been hoping that inflation will come down naturally – possibly due to a fall in oil prices – in which case they could safely lower interest rates. But as things stand, any change in interest rates could damage the economy in one way or another, so the safe option is to leave rates as they are.”

The spokesperson went on to explain that problems with rising inflation, particularly food prices, look set to continue – even once the Bank of England change their base rate. “Since interest rates are expected to fall, inflation may well continue for some time, since there will be less incentive to save,” she said. “The thinking behind it is that lower interest rates will kick-start the housing and credit markets, which some economists believe is the underlying cause of instability in the economy. Once that is rectified, inflation may begin to slow.

“But food prices are heavily affected by external factors, such as prices in the country of origin – so even if overall inflation begins to slow, we may see food prices continue to rise for some time yet.”

The Gregory Pennington spokesperson advised consumers to continue taking preventative measures to minimise the impact of rising food prices. “Compromise is key. People should consider what their essential costs are, and budget accordingly. Then consider saving as much as possible of what is left over.

“There is an ongoing danger that as prices get higher, more and more people will see their disposable income diminished, and in some cases, outgoings may begin to exceed their income. If it gets to that point, it’s time to seek debt help from a professional debt adviser.

“There are a number of debt solutions available that could help to reduce monthly payments for people in need of help with debt. A debt management plan or debt consolidation loan, for example, can allow monthly payments to be rescheduled over a longer period of time than the original debts, making each payment smaller,” he said. “But be aware that this could result in paying more interest in the long run.”

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Bankruptcy, Checking & Savings, Financial Management, Financial Services, Money, Personal Finance

Revolution Credit Solutions Inc. Offers Free Service To Victims Of Scam Credit Repair Companies

Revolution Credit Solutions Inc. Has offered its service Pro Bono to victims of Scam Credit Repair Companies. All the consumer must do to receive this Pro Bono service is provide revolution credit Solutions with proof that they filed a complaint with the FTC. Credit Repair companies are regulated by the CROA which is enforced by the FTC. Revolution hopes that by offering this Pro Bono service to consumers that have been taken advantage of more people will come forward that have been scammed. For more information go to the company website at http://www.revolutioncreditsolutions.comcontact us section and in the comments box put the word victim in and someone will get right back to you. Or you may call the Company at 1-888-852-0005

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Business, Career, Financial, Financial Management, Financial Services, Money

The Latest Joslin Rowe Research Shows Investment Management Firms Resist Credit Crunch And Continue To Recruit

According to new research from Joslin Rowe, a City recruitment consultancy, whilst the investment banking sector has been hit hard by the credit crunch, investment management firms have suffered less from market volatility.

The figures from the latest Joslin Rowe research shows that despite the difficult financial climate, there are still a number of pockets of hiring, particularly within performance analysis jobs.

“There’s been a real surge in performance measurement jobs and there just aren’t enough job seekers in the market to satisfy demand”, commented Ms Jalpa Chandarana, manager of the Joslin Rowe investment management job recruitment division, “For every 10 performance analysis jobs on the market, there are just 2 candidates.”

According to the research, the demand for performance analysts is having a positive impact on the length of the recruitment process, salaries on offer and progression opportunities. The premium for a performance analyst to move jobs is, on average, at least £5,000 more which is exceptionally competitive.

Ms Chandarana explained, “This is a big rise. Most employers in other sectors just can’t offer this and even within the investment management world, which is doing comparatively well, there still needs to be some caution – so salaries are remaining steady. So it’s clear just how in demand candidates are for performance analysis jobs, if this is the increase on offer.”

Hiring time is also much faster across performance analysis jobs than within other finance jobs and investment management roles at around 2-3 weeks rather than 4-5 weeks. Investment managers are also keen to tempt new jobs seekers to their firms with better than usual career progression prospects – particularly moves from performance analysis into more front office positions.

“Moving from a performance analysis job to the front office is usually very tricky. Investment managers realise this so are trying to build clearer progression plans between the two areas to tempt people on board”, Chandarana confirmed.

Another area feeling the benefits of increased demand across the investment management industry are business analysis contractor roles. The position of investment management firms in the overall financial services space means it’s an attractive proposition for contractors.

James Guttridge, the head of Joslin Rowe’s interim recruitment offering, explained,“The asset management and global custody clients are a lot busier than banks. Any interim jobs coming in from the banking community are generally project related, whereby the client is conducting preparatory analysis of existing processes or systems to determine whether a project should go ahead – or they have already committed to implementing a new system, and the position is focused on the planning, delivery and post-implementation phases of that new system.”

According to Joslin Rowe, the difference on the investment management side, is that whilst many contractor jobs are again project implementation related, business analyst contractor jobs have also come in that focus more on market research and product development.

“Where organisations are looking to use this time to stabilise and maintain their assets under management, they also see this as a good time to find seek out market opportunities for the future,” explained Guttridge, “Put simply, business analyst contractors and project managers are really in demand.”

About Joslin Rowe
Established in 1982, Joslin Rowe is one of the leading UK banking jobs and financial services recruitment firms and a Randstad company. In 2008, the company won the UK Recruiter award for “Best Secretarial Recruitment Agency”

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Bankruptcy, Checking & Savings, Financial, Financial Management, Financial Services, Financial Solutions, IVA, Money, Personal Finance

Debt Advisers Direct Reminds Consumers That There Is Still Plenty They Can Do To Help Protect Themselves Against Rising Household Costs

As the Government prepare to announce a new scheme that is set to help the millions of households that have fallen into fuel poverty, Debt Advisers Direct (www.debtadvisersdirect.co.uk) have welcomed the scheme, but have reminded consumers that there is still plenty they can do to help protect themselves against rising costs.

Fuel poverty is usually defined as when households are spending more than 10% of their total monthly income on keeping their homes adequately heated. In early 2008 it was estimated that around 4.4 million households in the UK were living in fuel poverty.

And with energy costs jumping up by as much as 30% with some providers, and with others set to follow, the threat of fuel poverty is increasing.

A spokesperson for Debt Advisers Direct said: “The rate at which energy prices are rising means that even families who would have previously considered themselves financially comfortable are beginning to feel the strain. Making compromises on other costs has become commonplace.

“Switching providers can help to bring costs down to an extent, but it might not be long before all providers raise their prices, which could mean sacrifices in other areas are needed.

“Ideally, consumers should be trying to put at least a small amount of money aside in a savings account every month. If prices shoot up unexpectedly, savings could be a very helpful financial safety net that could prevent people falling into debt.”

The spokesperson said that the worst hit are lower-income families, who might not have the extra funds available for rising fuel costs. “For those on lower incomes, fuel poverty is a particularly serious matter. There is a choice: turn the heating off, or keep yourself warm and suffer the consequences. We have seen large numbers of people being pushed into debt because of energy costs.”

The spokesperson followed that if consumers do find themselves struggling to balance debts with increasing costs of living, it’s essential that they seek debt advice before the problem grows out of control. “There are a number of debt solutions that are designed to reduce monthly outgoings and simplify finances, which could be a great help in these difficult times.

“It could be a debt management plan, in which a debt adviser works with the owner of the debts and their creditors to work out a new repayment plan, usually resulting in lower monthly payments over a longer period of time.

“For some people, a debt consolidation loan is more effective – a new loan is taken out to pay off the existing debts, after which it is repaid in single monthly payments. Debt consolidation loans can also be set out over a longer period of time, so monthly payments will be lower, although the borrower will usually end up paying more in interest in the long run.”

For more serious debts of £15,000 or over, an IVA (Individual Voluntary Arrangement) may be more suitable. If you are in debt but are unsure about how to tackle it, contact a debt adviser for further information.

Debt Advisers Direct are a debt management company based in Salford Quays, Manchester. They offer a range of debt advice and solutions, including debt consolidation, debt management plans and IVAs (Individual Voluntary Arrangements).

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Checking & Savings, Financial, Financial Education, Financial Management, Financial Solutions, Money, Personal Finance

FICO Formula Is A Step-By-Step Blueprint That Explains Is Exact Detail How To Correct And Clear Your Credit

The FICO Formula makes credit repair information available that was once only found through either expensive credit counseling services or by painstaking and lengthy research on behalf of the consumer.

Ann Born should know. She brought her own credit to a pile of ruble in her early twenties and is infamously known in her own family as “the one the Library sent to collections.” This in and of itself does not make Ann Born an authority on credit repair, but the fact that she did raise her credit over 150 points does prove that she does know a bit about credit score repair.

Ann states “If only I had known about The FICO Formula when I started to repair my credit. What took me a good 5-7 years would have been accomplished in 6 months. Having the step-by-step layout as offered in The FICO Formula would have saved me much of my own time and thousands of dollars.”

But don’t let the simple package of The FICO Formula fool you.

Firstly, it is this exact simplicity that makes this product easy to implement. The PDF format and concise guide make for easy reading and understanding.

Secondly, the author doesn’t assume laying down the foundational basics are “beneath you.” This approach then allows the author to delve deeply into the process of credit repair.

Thirdly, The FICO Formula truly delivers when it comes to content. Many credit repair guides offer the basics, but stop short when it comes to explaining “who to call” when you find an error on your report, “what to do” to raise your credit score immediately or “when you need” just 21 more credit points to save yourself over $30,000.

Fourthly, there is an entire grid that lays out whom to contact, in which order, how to do so and what in what time frame to expect a response. This information alone makes TheFICO Formula worth every penny. Not only does it take countless hours to compile a list like this, but each facility must be contacted in order to get a response time. Dealing with government agencies and learning who to talk to and when has been done for you.

Fifthly, almost any question about raising your credit score is answered here. The FICO Formula explains when to take out a personal loan and what to do with it to maximize your credit. It explains thoroughly the best way to use your credit cards to increase your credit rating and when paying off your bills is actually a bad idea.

Ann Born understands that people may hesitate to jump on the chance to get The FICO Formula. For this reason Ann’s giving you a free copy of “5 Ways to Boost Your Credit 100 Points”also by Ryan Taylor at: http://tinyurl.com/6fzmbp. This way you can preview the style and substance of the creator of The FICO Formula.

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Banks, Checking & Savings, Credit Cards, Financial, Financial Management, Financial Services, Financial Solutions, Loans, Money

Debt Management Company Gregory Pennington Say The Recent Report On Student Credit Card Debt Reflects The Growing Problem Of Student Debt In The UK

Responding to a report suggesting that 37% of students rely on credit cards as an additional source of finance, debt management company Gregory Pennington (GregoryPennington.com) commented that this echoes the growing problem of student debt in the UK.

The report from Halifax building society follows an NUS (National Union of Students) poll suggesting the average student is likely to leave university with debts of £17,500.

A spokesperson for Gregory Pennington said: “It’s worrying that so many students are choosing credit cards as an option for extending their finances, although on the other hand, it has to be accepted that fast-rising costs of living may play a part.

“Credit cards typically should only be used for emergency purchases, or other purchases that can be repaid quickly. Most credit cards carry a high interest rate, so failing to repay on time means those debts grow far more quickly than other forms of credit.

“Students typically only have a very low income, with disposable income often minimal – so the temptation to make purchases on credit cards is probably best avoided. Repaying credit card debts could prove difficult on such a low income, and the high interest means that the debt can grow very quickly.”

The Gregory Pennington spokesperson said that credit card debts make up a small part of what is a much wider problem with student debt in the UK.

“Ever since the Government stopped paying for tuition fees, many would-be students have had a choice to make: become a student and land up in debt, or go straight into work.

“Student loan debts are not necessarily the problem, since they allow repayments in small amounts over a long period of time. The real issue is the pressing need for students to raise extra finances on top of their student loans, which often takes place through overdrafts and other forms of credit.

“But when money is tight in the first place, many students find these ‘extra’ debts impossible to pay off on time. The problem only gets worse if it is left until graduation – many graduates can find their income reduced for several years because they are repaying the debts they incurred on top of their student loans.”

The Gregory Pennington spokesperson went on to say that students are best advised to avoid additional credit wherever possible. “Student loans should cover all costs, since that is what they are designed to do. If not, many banks offer student accounts with interest-free overdrafts, which is good in the short term, but remember that this will have to be repaid once you have graduated, so we advise students to consider how they plan to do that.

“Credit cards should be seen as a last resort for students, unless they are absolutely positive they can pay back the balance each month. If that doesn’t happen, there’s a very real risk of getting into unmanageable debt, and it can happen more quickly than you might think.”

The spokesperson also urged anyone who is concerned that they may struggle to repay their debts to seek expert debt advice as soon as possible. “Even if your qualifications get you a good salary, graduate debt can still be a burden,” she said. “The longer they are left, the bigger they are likely to grow, so it’s essential to put a stop to that as soon as possible.

“Some debt solutions are only available if you have a steady income, but if you’re in trouble, it’s still worth getting in touch with a debt adviser for some valuable, free advice on managing your debts. Once you graduate and go into work, though, you should get back in touch to discuss whether any alternative options are more appropriate.

“For smaller debts, a debt management plan is a good way of coming to an agreement with your creditors on how best to repay your debts. For multiple debts, a debt consolidation loan can reduce your monthly payments and simplify your finances – but bear in mind you are likely to repay the debt over a longer period of time.

“There are also debt solutions available for more serious debts, such as an IVA (Individual Voluntary Arrangement) for debts of around £15,000 or higher. If you’re unsure, contact a debt adviser for more information.”

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Financial, Financial Management, Financial Services, Financial Solutions, Investment, Money, Personal Finance, Profits

The Importance Of Location, A Factor That Every Would-Be Homebuyer Should Consider Carefully, Says Financial Solutions Company Thinkmoney.Com

Commenting on recent figures from the Council of Mortgage Lenders (CML), financial solutions company ThinkMoney.com reminds potential homebuyers of the need to think twice about the location of their proposed purchase.

In Q2 2008, there was an 18% quarterly increase in ‘loans for house purchase’ (mortgages) in Scotland – a year-on-year decrease of 34%. These figures were significantly more robust than the Q2 figures for the UK as a whole: a 5% quarterly increase and a year-on-year decrease of 46%.

“The issues in the mortgage market are affecting the whole of the UK,” said a spokesperson for ThinkMoney.com, “but the availability of mortgages does vary greatly from country to country. Prices are, of course, a key factor in determining whether people can get on – or move up – the property ladder: in May 2008, the average house price in Scotland was £167,126, according to the Department of Communities and Local Government, while the average UK house price was around 30% higher, at £218,151.

“What these figures highlight is the sheer scale of the price variations in different parts of the UK – but there’s no need to move country to benefit from this, as the price of two similar properties a few miles apart can easily vary by tens of thousands of pounds. Any would-be buyer would be well advised to broaden their search to include nearby areas: unless there’s a significant difference in terms of amenities, a lower price could more than compensate for any minor compromise they have to make.”

At a time like this, when prices have dropped substantially, a slightly more flexible approach to house-hunting can really work in a buyer’s favour – especially if they’re a would-be landlord and therefore less likely to be ‘tied’ to a certain area. “Lower prices always give homebuyers a chance to buy a better property and / or put down a larger deposit, but in today’s mortgage market, a lower price can be particularly attractive.”

Since deposits are measured in terms of percentages, a sum that counts as a 23% deposit on one house could easily account for 26% of the value of another. In some cases, this could give access to a significantly lower rate of interest; in others, it could make the difference between being offered a mortgage and being refused.

While mortgage providers have always reserved the best deals for people with larger deposits, the disparity is particularly noticeable in today’s mortgage market, with the bulk of the recent rate cuts benefiting people with larger deposits far more than those with less to lay down.

Finally, when house prices are dropping, no would-be homeowner should buy property without weighing up the odds of losing money on it, and comparing this with the money they’d spend if they continued to rent. “This isn’t a straightforward equation. Even though homeowners face the possibility of negative equity (carrying a mortgage that’s larger than the value of the property), they also know that house prices are bound to recover sooner or later – but any money spent on rent is gone for good.”

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Financial, Financial Management, Financial Services, Financial Solutions, Insurance, Investment, IRA, Personal Finance

Eqlibrium Investments Now Offers Trust Deeds For Clients

A trust deed, or also known as a deed of trust, is a document used to secure debt on a home acting as a mortgage. A trust deed is recorded as a lien on real property. However, although a deed of trust acts like a mortgage, there are differences between a mortgage and a deed of trust.

A trust deed is used as security for a loan on real property, and the specifics regarding the loan are written in a promissory note. A deed of trust is then documented at the county recorder’s office to legally notify the world that the property in question has now been pledged to secure a loan.

There are three parties involved in a trust deed. The Beneficiary which is the investor/lender/note holder, the Trustor which is the borrower and the Trustee which is a third party selected by the investor who has the legal power to act on the investors behalf and holds the title until the note has been paid. The deed of trust recorded against the borrower’s property title is what secures the lenders investment.

When making an investment in a deed of trust, the Trustor makes the property transfer, in trust, to the Trustee (independent third party). The Trustee then holds the conditional title on the behalf of the beneficiary (investor/lender/note holder), and then either of the following takes place: The trust deed will be returned to the borrower once they satisfy all of the terms and conditions that were outlined in the promissory note. The property will be put up for sale should the borrower default – also known as foreclosure. “In many cases, if the borrower defaults there is actually more profit in the investment,” said Louis Pugliese, President of EQlibrium Investments. “A good management company will pass along most, if not all, of this additional return to the investor.”

A few of the benefits of trust deed investing are high returns, a consistent cash flow, and capital preservation while owning an investment that is secured by real property. “Trust deeds offer a great way to earn a higher rate of return and still be secured by an asset to minimize risk,” Pugliese said.

Investors who invest in trust deeds typically make a 12 to 18% return, paid out monthly, with a minimum investment of just $50,000 and relatively low risk. As a result, they are able to enhance their lifestyle significantly without threat to their principal, or build a large nest egg, safely, in a relatively short period of time. Pugliese adds: “Most investors do not realize that they can also use their 401K and IRA’s to invest, earning them much higher returns.” Investing in a trust deed is simple. All you need is knowledge of your personal financial situation and investment account records.

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Banks, Career, Financial, Financial Management, Financial Services, Money

The Number Of Compensation Analyst And Compensation Manager Jobs Increase As Banks Rush To Revamp Remuneration Plans

According to new research from City HR recruitment consultancy Joslin Rowe, while August may have been a damp squib weather wise, in the HR jobs market recruitment activity has been boiling over.

The latest figures show that demand for good HR professionals, especially for compensation and benefit jobs has actually increased – despite the credit crunch and the usual seasonal summer slowdown.

Daniel Cooper, senior consultant with Joslin Rowe, reflected, “The ongoing banking crisis is actually fuelling the volume of compensation analyst and compensation manager jobs. The current market conditions mean that employers are focusing evermore on their bottom line and staff remuneration is an enormous part of this. Banks need to pull off the tricky balancing act between retaining the best talent but within the most cost-effective reward structures. Put simply, companies are keener than ever to build robust compensation platforms for the future and they know to do that they must hire the very best compensation people in strategic compensation analyst and compensation jobs to do this.”

The Joslin Rowe data shows financial services firms are willing to pay a premium to secure the best compensation professionals at all levels of recruitment for current finance jobs – from analyst to strategic manager jobs.

“Recently, we assisted a compensation analyst on £40,000 to move employers for a new starting salary of £55,000. A 38% pay increase is phenomenal at the best of times – but the fact that it’s happened now in what continues to be a challenging environment shows just how in demand these skills are”, said Cooper.

This demand is filtering into a much faster recruitment process, according to the research. Joslin Rowe found that the average time to hire, which is defined as the period from vacancy notification to when someone completes their notice period and starts in that new role, is running at around 2 weeks less for compensation & benefit jobs. That’s an average recruitment process time of 6 weeks in comparison to 8 weeks for the rest of the HR jobs recruitment market – and it may become faster.

However the clock may be ticking. Currently the banks are desperate to get people on board now so that they can start looking at the 2009/10 budget period. As soon as a new compensation analyst CV appears, the banking jobs interview requests flood in.

Cooper concluded, “For good people with a great compensation & HR background, a solid CV and experience of making improvements to share schemes and benefit plans, there are no end of options. The compensation analyst jobs and compensation manager roles on offer are very strategic – after all most companies know they need to act now to make a real difference to business performance”.

About Joslin Rowe
Established in 1982, Joslin Rowe is one of the leading UK financial services recruitment firms in the UK. Joslin Rowe consultants, candidates and clients work together to achieve the best employment opportunities and long term relationships. Joslin Rowe recruits for jobs across London, Edinburgh and Glasgow including long-term contracts, temporary and permanent roles. Joslin Rowe is a Randstad company – the second largest HR services group globally.

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Bankruptcy, Checking & Savings, Financial, Financial Management, Financial Services, Financial Solutions, Loans, Money, Personal Finance

Gregory Pennington Has Warned That The Recent Growth In Retail Sales Should Not Be Taken As A Sign Of Market Recovery

Responding to the recent news that retail sales growth enjoyed an unexpected rise in July, debt management company Gregory Pennington (http://www.gregorypennington.com) has warned that this should not be taken as a sign of market recovery, and that consumers should still be looking to protect themselves against a potential downturn at some point in the future.

Despite the Office of National Statistics’ predictions that retail sales growth would fall by around 0.2%, July in fact saw a rise of 0.8% compared to the previous month – a figure which, according to a Gregory Pennington spokesperson, may prompt some to “underestimate the danger that lies ahead for the economy”.

The figures follow June’s sales growth actually falling by around 4.3% – the largest decrease for several years. But the Gregory Pennington spokesperson says that this simply reflects the volatile nature of the retail market. “It’s important to look at the bigger economic picture,” he says. “Inflation is at a 16-year high, costs of living are increasing, and unemployment is rising – all of which are likely to affect the retail market negatively in the long run – but the full impact is yet to be seen.

“The retail market has seen several years of fluctuating growth – even when the economy was very strong. The rises and falls are rarely any bigger than two per cent, which is minimal in the scheme of things, and is probably coincidental.

“June’s fall of 4.4% did raise some concerns for the market, but the fact that it’s gone straight back up by 0.8% shows that this was just a particularly wild fluctuation.”

The spokesperson added that consumer caution is still necessary, highlighted by the recent year-on-year increases in people experiencing debt problems – which can be partly attributed to overly relaxed lending and high consumer spending.

“Statistics show that the number of people seeking debt help has been steadily increasing for well over a decade now – with the most distinct rise coming in 2007, when the credit crunch began to hit the economy,” he said. “Since problems with debt tend to filter through over a long period of time, we would expect this pattern to continue well into 2008 and 2009.

“Realistically, a continued slump in the retail market would in fact be a good sign for the economy, since it would show that people are taking the economic downturn and risk of getting into debt very seriously, as well as helping to bring down inflation.”

The spokesperson went on to say that if people do find themselves struggling in the coming months, they should seek debt help from an expert as soon as possible. “It’s looking like the downturn we are facing will be quite severe, and we would expect people with existing debts to suffer more than most – not to mention many people may be forced into debt as money gets tighter,” he said.

“If that is the case, it’s essential you seek debt help from a professional debt adviser. Lenders and consumers alike will feel under pressure over the next few months, so your debt adviser should be able to help come to an agreement that suits both you and your lender.”

Gregory Pennington (http://www.gregorypennington.com) are a debt management company based in Salford Quays, Manchester. They offer a wide range of debt help and solutions, including debt management plans, debt consolidation and IVAs.

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Bankruptcy, Banks, Business, Checking & Savings, Checks, Financial, Financial Management, Financial Services, Financial Solutions, IVA, Loans, Money, Personal Finance

Whatever Financial Problems An Individual Is Facing, It’s Crucial They Seek Debt Advice As Soon As Possible

Debt specialists GregoryPennington.com remind consumers with debt problems of the need to seek debt advice on time.

“Whatever their nature, virtually all financial problems have one thing in common: they get worse if left unaddressed,” says a Gregory Pennington spokesperson. “Whether someone’s behind on their mortgage payments or struggling to keep up with credit card bills, all the experts agree that the sooner they seek debt advice, the better their chances of clearing their debts as quickly and painlessly as possible.”

At the moment, mortgage payments are at the forefront of many homeowners’ worries. “The Council of Mortgage Lenders (CML) has reported 18,900 repossessions in the first half of the year, signifying a year-on-year increase of 48%. Given their forecast of 45,000 repossessions in 2008, this means they expect over 25,000 more before the end of the year.”

With timely debt advice, however, many of those potential repossessions needn’t happen at all. In a video on the BBC’s website, Judge Stephen Gold (Kingston-upon-Thames County Court) states: “The big message which I think needs to be screamed from the rooftops of the County Courts is this: that if you get into difficulty with your mortgage, don’t bury your head in the sand. Engage with the lenders. Pay what you can.”

“For unsecured debts,” the Gregory Pennington spokesperson continues, “the principle is essentially the same. When people contact us for debt advice, we stress that simply talking to a lender – whether they do it themselves or we do it on their behalf – can often produce results. A lender might agree to accept lower payments, for example, or to reduce the interest rate on a loan. It’s in the lender’s interest to arrive at an arrangement which the borrower can afford, so the money can be repaid as soon as realistically possible.

“Before they grant any concessions, of course, most lenders will want to see that the borrower is doing their utmost to order their finances and repay the debt. So the debt advice we provide goes a long way beyond ‘Talk to your lender’: we help people with all sorts of financial issues, from improving their budgeting skills to understanding their rights and responsibilities in relation to different kinds of debt.”

“If the individual’s situation has reached the point where debt advice simply isn’t enough, we can help them choose the debt solution that offers the best way out of debt. Depending on their circumstances, that could be a debt management plan, in which we talk to their unsecured lenders on their behalf, negotiating changes to their repayment terms so they can clear their debt at a rate they can afford.”

In cases where debt management isn’t appropriate, an IVA (Individual Voluntary Arrangement) or Trust Deed could be the answer: helping people reduce their monthly debt payments, these debt solutions can free up the money they need for mortgages payments, food bills and other essential living costs.

“Everyone’s circumstances are different, and no debt solution is ‘better’ than another – it’s a question of which is the most appropriate for that particular person under those particular circumstances. As always, the most important thing is for them to seek debt advice as soon as possible, before any further financial problems restrict the range of options open to them.”

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Joslin Rowe Recruitment Reports Banks Recruiting In High Volumes For Senior Business Unit Controllers Within Commodities

Pockets of high volume product control recruitment still exist within the City, despite wider doom and gloom. In particular, senior business unit control jobs within commodities are increasing.

Simeon Hall, a senior consultant in the Joslin Rowe senior accountancy and finance recruitment division, stated: “Commodities is one of the fastest growing product areas of the moment. As credit is down, commodities is up. A number of investment banks are rapidly expanding their desks, whilst others are effectively starting up a commodities division from scratch. This means excellent opportunities for senior product/business unit controllers.”

According to Joslin Rowe research, the commodities product control jobs on the market will appeal to those professionals looking for senior accountancy jobs, who are keen to shape the future of a new division and develop, from scratch, the product control infrastructure.

“These product control positions are highly desirable,” stated Hall, “You’re not inheriting the status quo and instead can implement new ideas with the support of strong resources, as banks pump money into the commodities arena. All the banks are keen to get the very top people on board to set up or expand their offering.”

This keenness is translating into the finance jobs recruitment process. Joslin Rowe‘s product control recruitment desk has seen the times to hire within commodities slashed by around 30% in comparison to product control jobs in other areas, such as equities. Salaries are also strong for those moving within the market. Senior product controllers are typically securing around 10-15% more – a big premium when most other remuneration packages are rising in small increments because of the credit crunch. In fact, according to Hall, recent salary jumps for the most in demand product controllers have been from £65,000 to £75,000, with a £10,000 sign-on bonus on top.

Hall also points to excellent career progression. “It’s really a chance to write your own job spec and an opportunity to rocket up the career ladder. In these start up divisions progression will revolve around success – not just dead man’s shoes. One of the most desirable aspects of these commodities product control jobs are their exposure to the front office. Being able to move out of business unit control and into a front office desk job is much more likely.

About Joslin Rowe
Established in 1982, Joslin Rowe is one of the leading UK financial services recruitment firms in the UK and Ireland. In April 2006, international staffing services company Vedior (headquartered in Amsterdam, the Netherlands) raised its stake in Joslin Rowe’s parent company, The Blomfield Group, from 18% to 70%. Joslin Rowe recruits for banking HR jobs across London, Edinburgh and Glasgow including long-term contracts, temporary and permanent roles.

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Hays Insurance Reports London Staffing Trends Conflict With Recent Layoffs By Insurance Companies

The specialist insurance division of Hays recruitment consultancy in London has announced that despite general trends in the job market, it has experienced a record month in July for introductions of permanent candidates into the insurance marketplace.

David Carr, Regional Manager for London at Hays Insurance, said: “Whilst many commentators are saying there is a slowdown in activity within the insurance industry, we haven’t seen this to be the case. We put this rise in recruitment down to a re-prioritisation of the roles that insurance companies are hiring for. They are hiring more staff in roles where people are either protecting or generating revenue. Although our clients are being more cautious than ever when making decisions on recruitment there are some very good jobs out there at the moment that would suit ambitious jobseekers.“

Roland Seddon, Regional Director at Hays Senior Finance, commented, “Over the last two months we have seen a sharp increase in demand for senior level candidates in the Insurance sector, and over 20% of our role registrations in 2007/08 have been in the last 8 weeks.”

Hays Insurance has recently filled some high profile roles in the capital, including senior positions within a Big 4 consultancy firm, senior underwriter jobs within global insurers and director roles in specialist insurers and brokers. In fact, given the current Hays Recruitment figures on the state of the market, the insurance sector appears to possibly be benefiting from the present credit crunch.

Carr observed: “We have also noticed a vast increase in temporary and contract placements for experienced qualified individuals, which has highlighted the importance of the senior interim market during such uncertain times – and illustrates the value that the industry is placing on experienced people that can come in and offer something different.”

Hays Insurance is a subdivision of Hays Plc, the FTSE 250 Company which employs 7,753 staff operating from 376 offices in 27 countries across 17 specialisms. Hays Plc placed circa 68,000 candidates into permanent jobs and paid circa 46,000 temporary workers weekly during the year ending June 07.

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Debt Solutions Company Debt Advisers Direct Have Warned That There May Be Tougher Times Ahead, And Advise People To Make Sure They Are Protected

Responding to the news that average bank balances are down by 5% compared to last year, a spokesperson for debt solutions company Debt Advisers Direct said that this is a clear sign that the credit crunch and fast-rising inflation is starting to truly affect consumers.

HSBC reported that average balances of its 8.2million customer accounts had fallen by 5% in the first six months of 2008, as rising costs of living and inflation at a 16-year high puts increasing pressure on consumers’ disposable incomes.

The Debt Advisers Direct spokesperson commented: “This is one of the first clear signs that people are feeling the pressure of the credit crunch, even if 5% is a relatively small figure.

“It’s been said many times that the impact of the credit crunch would take a while to filter through, and it would appear that time has come. Prices and living costs have reached the point where they are beginning to have a clear effect on bank balances – and that should be taken as a warning that it’s time to act.”

The spokesperson continued that while many people may not feel they have been significantly affected by inflation just yet, many leading economists have suggested the worst is yet to come.

“Economists have been predicting a more severe downturn for some time, and while that hasn’t happened yet, there are clear signs that the economy as a whole is slowing down,” he said. “This is likely to lead to further cuts in disposable incomes, especially with the sharp rises in gas and electricity prices due to come in shortly.”

HSBC had also suggested that some of the reduction in disposable incomes might be due to more people transferring money into savings accounts. In reaction to this, the Debt Advisers Direct spokesperson commented: “It would be reassuring to think that a large part of the lower disposable incomes is due to savings – and some of it probably is – but research suggests that most people do not save enough money for their future.

“Saving will become increasingly important in the next few months. Just a few hundred pounds put aside can be a useful financial buffer when money gets really tight.

“Of course, there are some people whose income simply does not stretch far enough once all their living costs are taken into consideration – particularly people struggling with debt – and those people are most at risk.”

The spokesperson added that for anyone who finds themselves struggling with debt, or thinks they might be about to, it’s essential that they seek professional debt advice as soon as possible.

“There are several solutions out there for people who find themselves struggling with debt,” he said. “For people with multiple debts who are getting by but want to simplify their finances, a debt consolidation loan could help.

“Debt consolidation loans involve combining all your existing debts into one, meaning you pay only one lender instead of many, and you may be able to reduce your monthly payments this way. However, you are likely to pay more in the long run if you do reschedule payments.

“Debt consolidation is a good way of freeing up extra funds each month – which could be crucial if the economy does hit hard times.”

He continued that even for those with unmanageable debt problems, there is help available. “For more severe debts, a debt management plan or an IVA (Individual Voluntary Arrangement) might be more suitable. Both can reduce your monthly payments in line with what you can afford.

“Before making any decisions, though, you should always contact an expert debt adviser. They will talk you through your situation and decide which debt solution is appropriate for you.”

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The Sooner People Seek Professional Help In Managing Their Debts, The More Likely They’ll Be To Avoid Serious Debt

A survey by debt management company GregoryPennington.com indicates that today’s economic troubles may be encouraging people in debt to keep a closer eye on their finances.

Only 6% of those questioned saw their debt as unmanageable. Yet a full 35% of respondents who considered their debt manageable also declared they were unhappy with their financial situation.

A spokesperson from the debt management company commented: “In many ways, that 35% figure is actually a positive sign. It means people who aren’t actually struggling with debt are nonetheless aware that their finances could be better. They’re thinking beyond the present and considering the impact their debts could have on them in the future.”

That awareness is, in itself, a form of protection against financial problems in the future. “We always remind people that the sooner they seek professional help managing their debts, the more likely they’ll be to avoid serious debt altogether. Keeping a close eye on their finances is obviously key to this, as it enables them to take action at the first signs of trouble – and taking action in time can make all the difference between needing to make a few short-term lifestyle changes and being forced to live on a shoestring budget for a number of years.

“Perhaps this is one ‘silver lining’ to all the negative economic news we’re hearing these days. In good times, it’s tempting to assume that the good times will keep up. It’s human nature to focus on enjoying today when there’s no perceived threat of tomorrow being any different. But hearing all those gloomy predictions tends to make people think more about the future.”

No-one, however, has solved their financial problems by dwelling on them: “There’s little point in someone just worrying about their debts unless they take it a step further, making the necessary lifestyle changes and talking to a debt specialist about improving their financial situation.”

For people who do this before their debt becomes unmanageable, it may simply be a matter of cutting back on a few luxuries. “Nobody likes economising, but a few minutes with a calculator and pencil can prove beyond all doubt why it’s worth the effort. Exactly how they do it is up to the individual: some choose to reduce their spending to a bare minimum for a short time; others prefer to sacrifice just a few luxuries every month, even though this means their debt will take longer to clear.”

The important thing is to address their debts sooner, rather than later – while it’s still relatively easy to do: “Even if someone can comfortably manage their monthly debt repayments today, there are plenty of reasons to clear their debts at the earliest opportunity. Avoiding interest charges might be the most obvious reason, but interest isn’t the biggest threat: even small debts can rapidly escalate out of control if their situation takes a turn for the worse. If they lose their job, for example, finding that extra money every month might be all but impossible.”

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Financial, Financial Management, Financial Services, Financial Solutions, Home Equity, Money, Personal Finance

The Recent Boom In The Rental Market Reflects The Continuing Difficulty For Homeowners Trying To Sell, And May Even Prolong The Problems In The Housing Market, Says Think Money.

Financial solutions company Think Money (thinkmoney.com) have warned that a recent boom in properties put up for rent may indicate further trouble in the housing market towards the end of 2008 and going into 2009.

Recent findings by RICS (the Royal Institution of Chartered Surveyors) have shown a significant surge in the number of homeowners being forced to put their homes up for rent rather than selling, because many homeowners believe that “becoming a landlord is a better option than selling in the current climate”.

Faced with increasing mortgage costs and a very slow housing market, many homeowners are finding it more financially viable to put their own homes up for rent, while at the same time renting cheaper accommodation for themselves – effectively making a ‘profit’ each month, which helps towards their own costs.

The survey also indicated that many would-be homeowners are currently forced to stay in the rental market, as the UK economy experiences 70% fewer mortgage approvals than this time last year.

Melanie Taylor, Head of Corporate Relations for Think Money, commented that the RICS’ findings reflect a continuing downturn in the housing market, despite recent suggestions that mortgages are becoming more freely available.

“The news that several lenders have been dropping their interest rates raised some optimism for the housing market,” she says, “but these statistics from the RICS give a less positive picture.

“It’s true that interest rates are coming down for prime mortgages, but for the majority of consumers, getting onto the housing ladder is still proving difficult.

“For those already on the housing ladder, it’s getting off it that’s proving difficult. The lack of activity in the market continues to be a real problem for those looking to sell – which is forcing many to put their homes up for rent while they wait for the housing market to recover.”

Mrs Taylor also added that the boom in the rental market could have a knock-on effect on the mortgage market. “Even though the number of homes for sale is getting smaller, the decreased demand for mortgages means that the fall in house prices is being sustained,” she says.

“Only when mortgage lenders begin to relax their lending criteria are we likely to see this situation change.”

Mrs Taylor continued that in the current market, renting out your home can be a viable option for freeing up extra funds, but warned that the responsibility of becoming a landlord is not to be taken lightly. “As long as you are willing to make a temporary compromise on your living conditions, you can significantly cut down your outgoings each month, which could help you financially and enable you to save up for when the housing market recovers.

“But it’s important to remember the responsibilities of being a landlord. In particular, if anything goes wrong, you are responsible for the costs,” she says. “So make sure you aware of the risks if you’re considering taking this step.”

Think Money (http://www.thinkmoney.com) are a financial solutions company based in Salford Quays, Manchester. The company specialises in a range of financial services, including mortgages, loans, debt help and advice (including debt management plans, IVAs, and debt consolidation).

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Despite The Reduced Availability Of Credit, A Debt Consolidation Loan May Still Be A Viable Option For Worried Borrowers

Amid worries about the reduced availability of credit, debt consolidation experts DebtAdvisersDirect.co.uk stress that lenders are still offering debt consolidation loans and other forms of credit.

A spokesperson commented: “With inflation more than twice the Bank of England’s target, people in debt are particularly worried about stretching their household budget further and further, especially when talk of an economic slowdown is threatening to reduce many consumers’ income levels as well. When there simply isn’t enough money in the monthly budget, a debt consolidation loan or other debt solution could take the pressure off.

“In recent years, the easy availability of credit has led many people to turn to debt consolidation loans as a way of reducing both their monthly debt repayments and the complexity of their finances. So the Bank of England’s Q2 2008 Credit Conditions Survey makes disturbing reading.”

The Survey provides a summary of what ‘bank and non-bank’ lenders have seen over the past three months, and what they expect for the coming three months. It reveals that lenders had reduced the availability of both secured and unsecured credit to individuals and expected ‘some additional reductions in credit availability over the next three months’.

“The key word here is ‘reduced’,” the spokesperson continued. “The Survey shows that the availability of secured credit, for example, was down around 45% in Q2, with lenders tightening credit scoring criteria and decreasing maximum LTV (loan to value) ratios. Although it’s a significant reduction, it does not mean credit is unavailable. As long as they have sufficient equity in their home – and as long as they approach a lender who specialises in helping people in their situation – many people still stand an excellent chance of obtaining a secured debt consolidation loan.”

Looking ahead, however, lenders do anticipate a further reduction in the availability of secured credit. Even though they expect Q3’s reduction to be smaller (just over 20%), the cumulative effect could well make it harder for certain people to access the debt consolidation loans they need in the months ahead.

Where debt consolidation isn’t an option, alternative debt solutions may still be available. Debt management, for example, can be an effective way for someone in debt to bring their expenditure back in line with their budget without accessing any further credit. “When someone joins a debt management plan, they essentially ask debt specialists to renegotiate their repayment terms. This can bring their monthly debt repayments down to an affordable level, freeing up the funds they need to cope with the rising cost of living.”

Should debt management not be appropriate, an individual may still be eligible for an IVA (Individual Voluntary Arrangement), a legally binding agreement with their creditors. “In an IVA, the individual agrees to make fixed monthly payments, based on what they can afford after essential living expenses, for the duration of the IVA – normally five years. If 75% of the creditors (by debt value) consent to the terms of the IVA, they’ll agree not to take any legal action against the individual, and to write off any remaining debt once the IVA has successfully concluded.”

Whatever an individual’s circumstances, the spokesperson stressed, their first move should be to contact a debt specialist as soon as possible: “In the vast majority of cases, debt problems only get worse when they’re ignored. The important thing is to seek professional debt advice as soon as you realise you have a potential problem.”

About Debt Advisers Direct
http://debtadvisersdirect.co.uk helps people with financial difficulties, providing debt advice and tailor-made debt solutions.

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Ivas Don’t Address Mortgages And Other Secured Debts But They Do Reduce Payments To Unsecured Creditors

Commenting on the rising number of home repossessions, debt consolidation experts DebtAdvisersDirect.co.uk point out that IVAs (Individual Voluntary Arrangements) and other debt solutions could help people stay in their homes.

Of the 45,000 repossessions expected by Council of Mortgage Lenders (CML) in 2008, there were 18,900 in the first half of the year. In the second half, therefore, the CML expects a further 26,000 or so.

“As with any statistical forecast, this figure isn’t written in stone,” said a DebtAdvisersDirect.co.uk spokesperson. “Times are particularly tough for homeowners, but many people threatened with repossession may be able to resolve their situation by talking to their lender, and by taking steps to sort out their finances and free up enough money for their mortgage payments.

“Different homeowners will, of course, need to adopt different tactics to avoid repossession. Some may just need to reduce their spending, while others may need to consider taking in a lodger, for example, or working longer hours.

“But for many, the problem is unmanageable debt. Many people can’t afford their mortgage payments because their non-priority debts are taking up so much of their budget. We would advise anyone in that situation to seek debt help immediately. A professional debt adviser can help them go through their finances and figure out what steps they would need to take to free up the necessary funds.”

Often, those funds are already there: “Very few people know exactly where all their income goes. They may know where they spend large sums of money, but the smaller sums can easily slip through the cracks – and they all add up. This is why so many people find they have enough ‘on paper’, but not in reality. A debt adviser can help them create a monthly budget sheet and track their spending more effectively.”

Some homeowners, however, are facing more serious debt problems. “At a certain point, the monthly debt repayments simply exceed the individual’s ability to keep up – there just isn’t enough money coming in to service the debts and cope with the ongoing bills. Once this happens, they find it’s almost impossible to pull themselves out of debt without professional help. The important thing is to get in touch with a debt specialist as soon as possible, and find out what they can do to help.

“Depending on the individual’s circumstances, the best debt solution could be an IVA. As a form of insolvency that helps people clear significant debts without resorting to bankruptcy, an IVA can be an effective way of reducing their monthly expenditure, freeing up the money they need to make their mortgage payments and start paying off any arrears that have built up.”

An IVA is a legally binding agreement between an individual and their unsecured creditors, which normally lasts for five years. “The individual commits to making fixed monthly payments throughout the IVA, based on what they can afford after taking their essential living expenses (including mortgage payments) into account. If enough of the creditors agree to the terms, they’ll agree to freeze interest, not to take any legal action, and to write off any outstanding debt at the end of the IVA. Like bankruptcy, an IVA helps borrowers make a fresh start, but unlike bankruptcy, it helps them protect their home – they may have to release some equity, but it’s extremely unlikely they would have to sell.”

Yet it’s important to recognise that IVAs are not an appropriate solution to every homeowner’s problems. “Whatever financial issues an individual may be facing,” the spokesperson concluded, “it’s vital they seek debt advice from a specialist offering a range of debt solutions – someone who can help them take stock of their situation, understand their options and identify the best way forward.”

About Debt Advisers Direct
www.debtadvisersdirect.co.uk helps people with financial difficulties, providing debt help & advice and tailor-made debt solutions.

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