Say No to Debt Reviews – Debt Management Companies UK
Quick Review
Description: Business, Finance, Payday Loans
What We Liked:
Say No to Debt is a life saver, It gives a second chance to people who are facing a setback in their finances, Say No to Debt can ask the creditors to stop further charges and that harassing calls and similar activities be stop. The website clearly explains how to get out of debt by outlining the main points of its service. They also offer an alternative solution to solve some problems through formal writing. This company really knows how to help their customer.What We Disliked:
Works Only in the United KingdomSay No to Debt is a life saver. It gives a second chance to people who are facing a setback in their finances. It is true that it is not the path to change is not an easy road to walk on. For those who have been given a chance they would gladly grab this opportunity. Hearing how to resolve his problem can be compared to having a big load remove from the shoulders.
The website clearly explains how to get out of debt by outlining the main points of its service. The company has live to its promise to help the person get out of debt without the need for consolidation loan.
Say No to Debt can ask the creditors to stop further charges and that harassing calls and similar activities be stop
Say No to Debt Reviews – Debt Management Companies UK
hat person would be glad that they are deep in debt? Most individual would gladly say no to debt. According to Say No to Debt review, they offer debt restructuring. Debt restructuring is also known as debt relief. It is a process where an individual or company that is facing financial distress to reduce its delinquent debts. This is legally done which helps to restore the capacity of the individual or company to pay for what they owe.
Still other Say No to Debt reviews state that these debts are partially “forgiven”. In some cases there is total “forgiveness” given. The process slows down the growing amount of debt. The company also offers debt counseling and consumer debt counseling.
How Does Debt Repayment Work?
Debt can be compared to a heavy anchor that weighs people down. The main concept behind debt relief or debt adjustment is that the money owe is forgiven. However, some of these companies are unscrupulous. They are good at making promises that they cannot deliver.
The first thing to do is to find a good company to work with like Say No to Debt for instance. According to Say No to Debt review, the company offers a reputable debt counseling service. There are instances when the problem can be initially discussed with the personal account manager on the phone. However, it is more practical to see him face to face. He is there to offer a clear solution. However, he will base his advice on what the applicant reveals. If this is done on the phone, the counselor will only rely on the tone of voice but cannot address the real need. In this case an action speaks louder than words.
The personal account manager can help the person stop any legal action against him or his business. Together they can develop a payment arrangement that will satisfy all concerned individuals and entities. In addition to this he can guide the individual on which step to take in order to Say No to Debt and plan a strategy to settle debts. It is true that debts will be forgiven in the sense that these people will no longer face harassment but however this will not really wipe out the debt
In cases of severe debt, the individual shall be advice to enroll with in a debt management plan. It works this way; deposits are made on a monthly basis to Say No to Debt. This company will in turn, distribute the payment to the creditors. Using debt management plan, chances are it will take 30 to 60 months before the full debt is paid.
Avoid any debt relief agency that promises to reduce the interest rates or amount of debt. In the end the same amount of debt will need to be settled before the individual is totally free from debt. The general principle is this, companies that offer promises that are too good to be true are really making false offers.
Benefits of Debt Repayment
One of the benefits of debt adjustment according to Say No to Debt reviews is that it can help the person save to pay his debts. He is given a second chance to handle his finances better. He is also given a chance to live with dignity that he has stood tall to say no to debt. Most of the time the problem is that no one had explained how he can get out of his present situation.
By working closely with a company like Say No to Debt he is given full moral support through counseling. The future is better since he is given a chance to fully recover. It is not an easy path to take especially for those who are facing this situation because of spending beyond what they can afford. It can be compared to a reformed addict. The process of accepting the present situation and recognizing the need to change is challenge that he needs to face on his own.
Say No to Debt Reviews
Pros
Say No to Debt is a life saver. It gives a second chance to people who are facing a setback in their finances. It is true that it is not the path to change is not an easy road to walk on. For those who have been given a chance they would gladly grab this opportunity. The task is insurmountable but it is not impossible. He has to cut corners to save more towards the fund that will settle what he owes. He needs to keep focus on the main goal of being free from debt. He is given lots of options to pay off what he owes. Hearing how to resolve his problem can be compared to having a big load remove from the shoulders.
The website clearly explains how to get out of debt by outlining the main points of its service. The company has live to its promise to help the person get out of debt without the need for consolidation loan. It also offers to clear unsecured debts, this includes payday loans.
Say No to Debt can ask the creditors to stop further charges and that harassing calls and similar activities be stop. Individuals have enjoyed the result of these requests. They can now live in peace without hearing the constant ring on their phone by the collection agencies.
The sample case problem found under the website is helpful in explaining how the process works. The application process is simple and was explained simply as well. It even shows a calculator to compute the total debt and how much an individual needs in order to pay his debts. Switching to Say No to Debt plan is allowed. The other good news is that it does not involve setup fees to do so. Joint account application is accepted. There are not a lot of companies that will offer this practical solution especially for couples. Another good thing about this company is that in case the person forgets about a certain debt he can add it later. Complaints are resolve on the phone. They offer an alternative solution to solve some problems through formal writing. This company really knows how to help their customer.
Cons
This company does not encourage loans. It mentions that credit rating will be affected it might be short or long term depending on the individual’s records.
Works only in the United Kingdom.
There is not much to say regarding negative feedbacks since this company has kept a good track of record.
Conclusion
According to Say No to Debt reviews, the offer for getting out of debt fast is the best offer that they ever heard for quite a long time. The big acid test here would be to say no to debt in the form of new offers for “good deals”. When tempted, remember why debts have piled up in the past and how being subjected to bad credit history is not a pretty sight to see. Finances should never be use for gambling, spending too much than one can afford is like gambling the future away. For those who are concern about the temporary setback on their rating, there is no real cause to worry. It will normally take sometime before all the debts are settled. At this point the ratings are normally at their worse even before the start of this solution. All that an individual has to remember is that he is on his way to greater freedom from debt. It all starts by saying no to debt.
Another technique that will work is by focusing on things that matter. Those who are shopping out of addiction must face the truth that buying a new jeans or the latest gadget is not the real source of their happiness. Focus on what matters, like spending quality time with the family for instance. The love found from friends and family is enough to fill this need. Never fall under the trap, that in order to be happy one had to have this and that. Remember advertisements were created to entice consumers to buy even if they do not really need the product. The process of freedom from debt starts by signing up to the site. From then on live a less stressful life.
