Credit card debt is one of the main reasons why people in the UK find themselves in financial difficulties.

With monthly credit card repayments often at little more than 2.5% of the actual balance outstanding it is easy to see why people often end up using credit cards to live on each month and ‘Rob Peter to pay Paul’ through balance transfers in order to make ends meet.

• There are more than 1600 differently branded credit cards available in the UK.
• More than 100 million credit cards are in circulation across the UK.
• More than 40% of people do not or cannot pay their balance off each month.
• Total UK debt on credit cards alone currently stands at more than £50 Billion.

Credit cards should never be seen as a long term borrowing option. The average interest rates payable at 16% or more are at least twice as expensive as an average comparable loan, so it makes sense where possible to minimise credit card spend in favour of less expensive forms of borrowing. The theory of swapping out of more expensive credit and store cards in lower interest rate loans is all very well for those who are able to do so. However for an increasing number of people in the UK these options are not available and a monthly juggling act takes place between all the competing debts for a diminishing amount of disposable income.

The key to sorting out credit card problems is to get the interest and charges stopped. We deal with all the UK credit card companies on a daily basis and fully understand how to negotiate with them to get interest and charges stopped. Our team of specialist credit card debt relief advisors are specifically trained to get you debt free in the shortest possible time

If you would like further information and advice, without obligation, on the many credit card debt relief options available to you then call our specialists free today on 0800 043 50 43 or complete our Enquiry Form and we will ring you back at a more suitable time.