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Ian Mccartney Advises Borrowers To Use Debt Advice Services Rather Than Loansharks
By Darren Ferneyhough
Consumer Minister Ian McCartney has urged debt laden consumers to take advantage of free debt advice services ahead of resorting to dealing with loan sharks.
Of course, even where a consolidation loan is deemed to be a viable route to alleviate situation, there are often suitable solutions available from reputable providers such as The Loan Helper, negating the need to go to loan sharks at all.
Sadly however, debt laden consumers often believe that their situation is so dire that no-one but the loan sharks will help, but again, reputable loan providers often have solutions even for consumers with poor credit history due to having County Court Judgements, defaults or mortgage arrears and even bankruptcy orders, more information on this is available at at www.theloanhelper.co.uk
Minister McCartney, who will open a new London office for the Money Advice Trust (MAT), which runs National Debtline, claimed that many people did not realise that free, impartial support was available to help them avoid debt issues.
"My advice to people struggling with debt is to pick up the phone - there are people who can help you find a solution and avoid the sharks."
Minister McCartney, who recently visited Illegal Money Lending Teams closing down loan sharks in Birmingham and Glasgow, said:
"Loan sharks are lowlifes whose primary purpose is to rip you off. Many of them will resort to intimidation and violence to take money off the most vulnerable in our communities who know of no other borrowing options.
Often it feels like there is no alternative than to turn
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