Too Much Debt?

The number of people made insolvent during 2006 was 107,288 which is equivalent to the population of Exeter.  According to the Financial Services Authority over a third of British couples are kept awake at night worrying about their money situation. 
 

Free Valuation & Legal Fees

For Bad Credit Remortgages

If you've got credit problems let us help, we may be able to arrange your remortgage with a Free Valuation & Free Legal Fees.   There would be nothing for you to pay upfront and any fees from the lender can be added to the mortgage.

Money Saving Mortgages specialises in arranging remortgages for clients with the following bad credit problems:

• Mortgage Arrears

• Loan & Credit Card Defaults

• County Court Judgments (CCJs)

• Discharged IVA (Individual Voluntary Arrangement)

• Discharged Bankruptcy

• Debt Management Arrangements

An Independent Adviser:

• Can arrange to consolidate all of your debts into one manageable monthly payment often reducing your monthly outgoings by hundreds of pounds.

• Can arrange more than 5 times joint income provided the lender believes that you can afford the repayments.

• Can arrange remortgages for self-employed clients without proof of income.

• Can complete all the paperwork.

"I'd had a few credit problems and had been turned down by the high street lenders. A friend told me to contact Money Saving Mortgages and I'm glad I did. They were very understanding and professional and took care of everything. The service that I received from this company was first class and I would highly recommend them."   Mrs L T, South Wales

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Warning Signs of Debt Problems

1. You don't have any savings.
2. You make minimum payments on your credit cards.
3. You have more than two or three major credit cards.
4. After you pay your credit card bill, you increase your balance by the same amount (or more) the following month.
5. You're at or near your credit limit on your credit cards.
6. You're unsure of the total amount you owe on all your debts.
7. You've tried to make a purchase with your credit card and been declined.
8. You've been denied credit.
9. You often exceed your bank account limit and incur bank charges on a regular basis.
10. You lie to your spouse or other family member about your spending or hide credit card and bank statements from family members.

If you can relate to the above it may be advantageous to consolidate your debts either by remortgaging or by taking out a secured loan. A lot of people find it more convenient and more manageable to consolidate their debts into one monthly payment. The interest rate should be more competitive and the monthly payments lower. With just one payment to control it is easier to manage your bank account and therefore reduce bank charges.

To find out how we can help please complete our simple on line enquiry form today and we will contact you and provide a free no obligation quote, so what have you got to lose?
 

The overall cost for comparison for adverse credit clients with proof of income is 7.8% APR. 

The overall cost for comparison for adverse credit clients without proof of income is 8.0% APR.

The actual rate available will depend upon your circumstances.  Please ask for a personalised illustration.

We charge a broker fee of up to £495 to clients with a bad credit rating.

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