CCCS enters IVA market

CCCSVA, as the new operation is to be known, is now able to offer its debt advice services to those people whose situation makes them most suitable for an IVA in light of their particular debt management concerns.

A percentage of the thousands of people who approach the CCCS for advice on becoming debt free could benefit from an IVA and what the charity is convinced will be a “compassionate” debt advice service.

“CCCSVA is based in Leeds, yards away from the headquarters of the Foundation for Credit Counselling. As its staff builds up it will help an increasing number of people whom IVAs can help,” a statement from the organisation explained.

A report from the CCCS last month suggested that the burden of Britain’s debt problems looks likely to be increasingly shifted to older generations.