Debt Secrets

Understanding Debt Series: Part 3 The Effects of Debt

admin — Sat, 04 Sep 2010 18:37:21 +0000

This is part 3 of a three part educational series on debtsecrets.co.uk about Understanding Personal Debt. These articles are aimed at professionals working in debt advice / debt advocacy services or anyone interested in personal debt. Part 2 which gives examples of the causes of a personal debt crisis is available here. Financial Effects of [...]

Understanding Debt Series: Part 1 The Causes of Debt

admin — Wed, 01 Sep 2010 23:43:57 +0000

This is part 1 of a three part educational series on debtsecrets.co.uk about Understanding Personal Debt. These articles are aimed at professionals working in debt advice or advocacy services. Part 1 discuses the causes of a personal debt crisis. The Causes of Consumer Debt Problems: Consumer Debt is caused by a multiple of factors but [...]

Understanding Debt Series: Part 2 Some Real Life Examples of the Causes of Debt

admin — Wed, 01 Sep 2010 10:48:57 +0000

This is part 2 of a three part educational series on debtsecrets.co.uk about Understanding Personal Debt. These articles are aimed at professionals working in debt advice / debt advocacy services or anyone interested in personal debt. Part 1 which discuses the causes of a personal debt crisis is available here. These are some real life [...]

Debt Problem in Ireland?

admin — Wed, 01 Sep 2010 01:03:13 +0000

Welcome to all Irish readers from Debtsecrets! As we all well know Mortgage as well as credit card debt and other personal Debt has soared 600% in Ireland in the last 10 recent years. And now in Ireland September 2010 those that have not tried leaving the country to escape their debts are in an [...]

IVA secret 9: Why how much you pay in IP professional fees really does matter.

admin — Fri, 13 Nov 2009 00:46:37 +0000

One of the great IVA myths is that the IP fees are paid completely by the banks and the indebted individual should therefore not worry about them. It is true that the IP fees are written into the arrangement but this means that part of the money used to pay back monthly to your creditors [...]

A summary of what to do to tackle your debt problem

admin — Mon, 17 Aug 2009 23:32:33 +0000

I wanted to start by giving a one page overview of what to do to tackle your debt problem. The main actions of the Information Gathering Stage and of each solution are depicted below: INFORMATION GATHERING STAGE Actions 1. Read the articles in the debtsecrets blog once through 2 Gather information, complete your statement of [...]

How I grew my Financial Spread Betting Account on Tradefair from 75 to 900 pounds

admin — Fri, 20 Mar 2009 10:50:04 +0000

I started my tradefair account on the 10th of February 2009 with £75. In additon to the initial amount I received a bonus of £75 makng an account total of £150. I made some very clueless trades at the beginning but spread betting aggresively mainly focused on the forex market particularly GBP EUR paid off; [...]

A warning for beginners trading forex on tradefair

admin — Tue, 10 Feb 2009 03:28:01 +0000

Hi guys! I’ve been trying to make some money on tradefair a spreadbetting platform run by the folks at Betfair, Hammersmith, London. For all u people who think they can make easy money on the internet – tradefair are currently offering a deal where u get £75 for free! (Email me if u are interested [...]

Saving money on flights; Ryanair What payment method to use?

admin — Wed, 03 Sep 2008 18:41:36 +0000

Did you know that you can save yourself a few quid on flights with Ryanair if you are willing to use a Visa Electron card? Let”s see an example and fly Ryanair from London Stansted to Marsellie, France. It seems I got lucky and found one of those one pound flight offers which includes all [...]

IVA secrets 7 and 8: Never pay the Insolvency Practitioner any money in advance

admin — Tue, 04 Mar 2008 02:01:05 +0000

IVA secret 7: Never pay the Insolvency Practitioner any money in advance Insolvency Practitioners are legally obliged not to start charging you until you have actually started your IVA. Make sure you postpone any fee payment until after the creditors meeting. IVA secret 8: Get the initial meeting for free. Most Insolvency Practitioners will give [...]