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Archive for January 29th, 2010

Loan sharks saddle the poor with debt and interest rates averaging a whopping 825%

Over 100,000 of the UK’s poorest families will spend 2010 saddled with a combined debt of around £82 million after borrowing money from loan sharks to pay for Christmas 2009, according to a new report commissioned by Circle Anglia, a provider of affordable housing.
The Real Cost of Christmas report, written by think tank the Financial [...]

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New era of debt worries for the middle classes

The recession is expected to create a new era of debt for middle class families, according to the Credit Services Association (CSA).
The return of the 17.5 per cent VAT rate and the end of many fixed mortgages, on top of increasing interest rates is expected to push the number of people unaccustomed to being in [...]

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Customer Testimonial »


As I await confirmation of my final payment to my creditors after years of debt, it occurs to me (not for the first time) that I owe a final debt, of thanks to Dissolve Debt for all the support they have given me over, what has been many years.

The pressure of debt and its associated hardship has taken its toll over time on myself and my family, but because of Dissolve Debt I have been able to get on with my life without the dread every morning of what the postman may bring.

I have always endeavored to pay off what I owe to everybody, but this would not have been possible without Dissolve Debt. I have no doubt that under different circumstances I would have sunk without trace.

Through a number of Dissolve Debt staff, over the years I have had calm support and down to earth advice, most often when I needed a stick to lean on. For that, again, thank you.

There is so much more I could say, however, I look forward to my fresh start and perhaps a holiday.

I wish you all health and prosperity, it is well earned.

Kind regards, Mr. J. M.

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