ClearDebt, the UK’s leading debt solution provider announces the growth of their blog, which will keep consumers up to date on the latest developments in the financial services industry.
Through the blog, employees of ClearDebt post informative articles which relate to debt problems and their solutions. This offers access to unique data, which allows customers to find the most up to date figures and statistics regarding the debt problems facing UK consumers. The blogs also cover day to day money management issues for consumers, highlights factors around IVAs and Debt Management Plans and also talk about updates on their website such as free debt advice guides.
Readers of the blog are offered the opportunity to post questions for the financial experts within the ClearDebt team to answer. Andrew Smith, Marketing Director of the Cheshire-based firm is a prominent voice on both the blog pages and the advice sections of the website. Commenting on the new blog and the industry in general, he comments:
“Our new blog offers consumers the opportunity to learn about the latest developments in the financial services industry, as well as gaining advice from qualified advisers.”
“Unfortunately, there are a few disreputable companies within our industry who have given the industry a bad name. Providing services such as our new blog, which offers free, impartial advice, will hopefully help us to distance ourselves from these firms.”
The ClearDebt Group offers debt solution packages to residents in the UK via their website. These are outlined in a clear, concise manner, in order to help customers to choose the correct package for their situation. Incorporated within the site is a Debt Analyser, which allows customers to input full details of their financial situation and receive an immediate response in the form of a report. This can be either a short-form list of possible solutions; or a more in-depth assessment of their situation and possible options.
The most popular option recommended by ClearDebt is the IVA (Individual Voluntary Arrangement), which can be a preferable alternative to bankruptcy. IVAs reduce the total amount owed, freezing the interest and consolidating credit into a single, affordable monthly payment, Arrangements are overseen, negotiated and supervised by a licensed insolvency practitioner and chartered accountant.
